Academic Libraries and the Economics of Scholarly Publishing in the Twenty-First Century: Portfolio Theory, Product Differentiation, Economic Rent, Perfect Price Discrimination, and the Cost of Prestige

Greco, Albert N.

doi:10.3138/jsp.47.1.01

Cited by 10 publications

(7 citation statements)

References 66 publications

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“…However, according to the financial report of John Wiley & Sons, the ratio of the profit to revenues in the journal sector reached 30.5 percent in 2016. [1] reported that the financial reviews of the other large commercial publishers show similar patterns. Since large commercial publishers have achieved high margin rates in the subscription journal section, the criticism of libraries about the continual increase in journal subscription prices is understandable.…”

Section: Discussionmentioning

confidence: 83%

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Determinants of Library Subscription Prices of Economic Journals

Asai¹

2018

IJEFM

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Although an increase in the prices of academic journals across several decades has been a crucial issue for research institutions, few studies using individual journal prices have been carried out on the introduction of a bundling service called Big Deal. The present study empirically examines the determinants of the prices of 409 economic journals using the latest data. The results found that publishers set higher prices for more frequently cited journals, implying that the demand factor influences the price level in addition to cost factors. Furthermore, prices of journals published by large commercial publishers are higher than those published by professional associations and university presses. However, the prices differ among large commercial publishers, and further investigation is needed to conclude whether they set higher prices by exercising market power. On the other hand, an increase in the number of pages in individual journals caused by an increase in the number of submitted articles certainly leads to a corresponding rise in journal subscription prices. The healthy development of open access journals to ensure that everyone can read articles for free is needed to restrict an increase in the prices of traditional subscription journals.

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Section: Discussionmentioning

confidence: 83%

“…Although empirical studies using individual journal subscription prices were carried out often in the 1990s, the topic has not been explored recently. However, [1], while discussing academic journals from various viewpoints, also referred to an increase in prices of subscription journals. Serial crisis remains a topic to be investigated.…”

Section: Introductionmentioning

confidence: 99%

Determinants of Library Subscription Prices of Economic Journals

Asai¹

2018

IJEFM

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“…Contributing factors may include a combination of rising journal costs, budget cuts, and accessibility. Since 2007, academic institutions have faced an almost 35% overall increase in journal subscription costs, and almost all academic libraries in the United States have faced budget cuts (Greco 2015, 14, 21). These cuts were steepest at less prestigious universities with smaller endowments.…”

Section: Resultsmentioning

confidence: 99%

Negating the Gender Citation Advantage in Political Science

Atchison

2017

APSC

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Open-access (OA) advocates have long promoted OA as an egalitarian alternative to traditional subscription-based academic publishing. The argument is simple: OA gives everyone access to high-quality research at no cost. In turn, this should benefit individual researchers by increasing the number of people reading and citing academic articles. As the OA movement gains traction in the academy, scholars are investing considerable research energy to determine whether there is an OA citation advantage—that is, does OA increase an article’s citation counts? Research indicates that it does. Scholars also explored patterns of gender bias in academic publishing and found that women are cited at lower rates in many disciplines. Indeed, in many disciplines, men enjoy a significant and positive gender citation effect (GCE) compared to their female colleagues. This article combines these research areas to determine whether the OA citation advantage varies by gender. Using Wilcoxon-Mann-Whitney (WMW) tests, the nonparametric analog to the independent samples T-test, I conclude that OA benefits male and female political scientists at similar rates. Thus, OA negates the gender citation advantage that typically accrues to male political scientists.

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“…A few reviews (n=4) considered cloud computing in academic library practices (Mavodza, 2013), library coalitions (Lippincott, 2016), the impact of the serials crisis on library budget shortfalls (Greco, 2015), and the role of librarians in scholarly publishing reforms (Bedenbaugh, 2014). The review by S.K.…”

Section: Libraries: a New Strategy For Survivalmentioning

confidence: 99%

Mapping the Current Research Agenda on Scholarly Publishing: Scopus-Indexed Reviews

Tikhonova

Raitskaya

2020

JLE

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Nearly ten years ago, scholarly publishing came to the fore in research on scientific communication spurred by the evolving Open Science system, the reinvention of peer reviews, and new attitudes to scholarly publications in the ranking-based academic environment. Here, the JLE editors revisit the field of scholarly publishing and identify the most popular areas where potential JLE authors might have difficulty. In this editorial, Scopus-indexed reviews are analysed to map the prevailing trends. The editorial review shows that the trends include open access, peer review transparency, the changing role of libraries in scholarly publishing, CrossRef’s initiatives, outsourcing and skills lacking in publishing, the impact of universities’ prescribed lists for publishing research, open-access monographs, and the role of commercial publishers.

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Academic Libraries and the Economics of Scholarly Publishing in the Twenty-First Century: Portfolio Theory, Product Differentiation, Economic Rent, Perfect Price Discrimination, and the Cost of Prestige

Cited by 10 publications

References 66 publications

Determinants of Library Subscription Prices of Economic Journals

Determinants of Library Subscription Prices of Economic Journals

Negating the Gender Citation Advantage in Political Science

Mapping the Current Research Agenda on Scholarly Publishing: Scopus-Indexed Reviews

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