Four Essays on University Economics - KOPS - Universität Konstanz
Four Essays on University Economics - KOPS - Universität Konstanz
Four Essays on University Economics - KOPS - Universität Konstanz
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Research Productivity in Business Ec<strong>on</strong>omics<br />
we also include the academic staff of instituti<strong>on</strong>s that, by internati<strong>on</strong>al standards, rather<br />
resemble business schools. 2 We focus <strong>on</strong> individuals who possess a doctor’s degree and<br />
whose principal occupati<strong>on</strong> is academic research and teaching. Part-time lecturers with a<br />
primary n<strong>on</strong>university employment are not included in the dataset.<br />
Pers<strong>on</strong>al data and data <strong>on</strong> instituti<strong>on</strong>al characteristics of the departments are gleaned<br />
from the departments’ homepages. The publicati<strong>on</strong>s are collected from the Ec<strong>on</strong>Lit and<br />
WISO databases. WISO indexes a large number of journals that publish articles in Ger-<br />
man. We account for differences in journal quality by using <strong>on</strong>e of the journal meta-<br />
rankings proposed by Schulze et al. (2008). Meta-rankings are generated by imputing<br />
several journal weighting schemes that cover different but overlapping sets of journals.<br />
Specifically, we employ journal weights of the meta-ranking that uses Ritzberger’s (2008)<br />
classificati<strong>on</strong> as the base scheme. Ritzberger calculates journal impact factors according<br />
to reciprocal citati<strong>on</strong>s for SSCI journals in the categories ec<strong>on</strong>omics, business, finance,<br />
industrial relati<strong>on</strong>s, and labor, and for selected statistics journals.<br />
Schulze et al. (2008) supplement this classificati<strong>on</strong> with additi<strong>on</strong>al journals that are not<br />
included in the SSCI but are ranked in questi<strong>on</strong>naire surveys c<strong>on</strong>ducted by Bräuninger<br />
and Haucap (2001), the German Academic Associati<strong>on</strong> for Business Research (VHB) and<br />
the Vienna <strong>University</strong> of Ec<strong>on</strong>omics and Business Administrati<strong>on</strong> (WU Wien). While<br />
Bräuninger and Haucap’s classificati<strong>on</strong> includes many ec<strong>on</strong>omics journals that publish in<br />
German, the VHB and the WU Wien classificati<strong>on</strong>s introduce the business ec<strong>on</strong>omics focus<br />
that we need for our analysis. The meta-ranking then classifies 2,825 journals (ec<strong>on</strong>omics<br />
and business administrati<strong>on</strong>) by sorting them into six quality groups with group weights<br />
ranging from <strong>on</strong>e to six.<br />
Intuitively, it may appear more appropriate to use a meta-ranking that is based <strong>on</strong><br />
the VHB or the WU Wien classificati<strong>on</strong>. However, such meta-rankings would virtually<br />
place all SSCI-listed journals into the top category. In c<strong>on</strong>trast, using Ritzberger’s (2008)<br />
list as the base scheme induces sufficient variati<strong>on</strong> in the journal weights of the resulting<br />
meta-ranking. We admit that this procedure may induce a bias against management<br />
journals that have an interdisciplinary perspective. For our specific purpose, however,<br />
this feature is rather desirable because the results can be readily compared with the<br />
2 The respective schools are legally entitled to award doctor’s degrees.<br />
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