The Determinants of Library Subscription Prices of the Top-Ranked Economics Journals: An Econometric Analysis

Chressanthis, George A.; Chressanthis, June D.

doi:10.2307/1182986

Cited by 8 publications

(3 citation statements)

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“…Although Petersen (1992) and Chressanthis and Chressanthis (1994) used the number of circulations, which represents demand for a subscription journal, as an independent variable, as Bergstrom (2001) pointed out, for-profit publishers did not make their circulation data public after the year 2000. Certainly, empirical studies conducted since the 2000s on subscription prices did not use the number of circulations.…”

Section: Related Literaturementioning

confidence: 99%

“…Subsequently, Petersen (1992) examined the subscription prices of economic journals using the number of circulations and citations, and region of journal publication, in addition to the variables in Petersen (1990) and reported that more frequently cited journals set higher prices. Similarly, Chressanthis and Chressanthis (1994) used the number of pages and issues per year, impact factor, publisher type, region of journal publication and the number of circulations to examine the library prices of economic journals and found that publishers enjoyed economies of scale. The estimation method by Petersen (1990Petersen ( , 1992 and Chressanthis and Chressanthis (1994) was ordinary least squares (OLS).…”

Section: Related Literaturementioning

confidence: 99%

“…Similarly, Chressanthis and Chressanthis (1994) used the number of pages and issues per year, impact factor, publisher type, region of journal publication and the number of circulations to examine the library prices of economic journals and found that publishers enjoyed economies of scale. The estimation method by Petersen (1990Petersen ( , 1992 and Chressanthis and Chressanthis (1994) was ordinary least squares (OLS).…”

Section: Related Literaturementioning

confidence: 99%

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Determinants of article processing charges for hybrid and gold open access journals

Asai

2022

IDD

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Purpose While the number of hybrid journals has increased with the conversion from subscription journals, article processing charges (APCs) have not been examined as frequently as gold open access journals. This study compared the factors affecting APCs for hybrid and gold open access journals by formulating a charge equation. Design/methodology/approach This study examined the APCs for 1,354 hybrid and gold open access journals in the Springer imprint. Using the ordinary least squares method, it investigated the determinants of charges, including the relationship between subscription prices and APCs for hybrid journals. Findings The results revealed that the charges set by hybrid journals were higher than those set by gold open access journals by US$1,620, after controlling for other variables. A reason could be the oligopolistic market structure of the leading publishers. Although the publisher imprint set the APCs based on the journal characteristics, the difference in the determinants of the charges between the two journal types may be due to the business models specific to the journal types. Research limitations/implications The findings suggested that policymakers must consider the market power of leading publishers to establish a healthy scholarly communication market. Originality/value This study examined the relationship between subscription prices and charges for hybrid journals as well as the determinants of charges for both journal types, considering various characteristics of individual journals.

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Section: Related Literaturementioning

confidence: 99%