PRICING OF SCIENTIFIC JOURNALS AND MARKET POWER | Zendy

Dewatripont Mathias | Zendy; Ginsburgh Victor | Zendy; Legros Patrick | Zendy; Walckiers Alexis | Zendy

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PRICING OF SCIENTIFIC JOURNALS AND MARKET POWER

Author(s) -

Dewatripont Mathias,

Ginsburgh Victor,

Legros Patrick,

Walckiers Alexis

Publication year - 2007

Publication title -

journal of the european economic association

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 7.792

H-Index - 93

eISSN - 1542-4774

pISSN - 1542-4766

DOI - 10.1162/jeea.2007.5.2-3.400

Subject(s) - citation , economics , market power , profit (economics) , impact factor , quality (philosophy) , econometrics , financial economics , microeconomics , political science , law , philosophy , epistemology , monopoly

We analyze the empirical relationship between journal prices, their quality measured by their citation counts, their age, as well as conduct of publishers. The database covers 22 scientific fields and more than 2,600 of among the most highly reputed and cited journals in 2003. We show that (a) for‐profit journals charge roughly 3 times more than journals run by scientific societies; (b) the number of citations has a positive impact on prices; (c) there are large differences in prices across fields that vary by a factor between 1 and 6; these are highly (and positively) correlated with the degree of concentration in the industry. (JEL: D49, L86, Z00)

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