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Open-Access Scholarly Publishing in Economic Perspective

Author

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  • Malcolm Getz

    (Department of Economics, Vanderbilt University)

Abstract

What is the prospect for migrating scholarly journals from paper to digital formats in a way that lowers university expenditures? Although many journals are published digitally, at least so far, the digital format complements paper, increasing university expenditures. Open-access publications that are free to readers and financed by publication fees paid by authors and their agents may both lower costs and allow scholarship to reach a larger audience. However, gains to universities may depend on open-access being quality-assured and controlled by not-for-profit publishers. Potential savings for a typical US research library might be on the order of $2.3 million per year even as the same level of effort goes to reviewing and editing published articles as at present. To launch the initiative, provosts might adopt policies to support publication fees and not-for-profit publishers might invest in start up funds for editing and marketing open-access journals.

Suggested Citation

  • Malcolm Getz, 2004. "Open-Access Scholarly Publishing in Economic Perspective," Vanderbilt University Department of Economics Working Papers 0414, Vanderbilt University Department of Economics.
    • Handle: RePEc:van:wpaper:0414
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    File URL: http://www.accessecon.com/pubs/VUECON/vu04-w14.pdf
    File Function: First version, 2004
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    References listed on IDEAS

    as
    1. Getz, Malcolm & Siegfried, John J. & Anderson, Kathryn H., 1997. "Adoption of innovations in higher education," The Quarterly Review of Economics and Finance, Elsevier, vol. 37(3), pages 605-631.
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    Cited by:

    1. Malcolm Getz, 2005. "Open Scholarship and Research Universities," Vanderbilt University Department of Economics Working Papers 0517, Vanderbilt University Department of Economics.

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    More about this item

    Keywords

    electronic publishing; open access; digital library;
    All these keywords.

    JEL classification:

    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce

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