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Economies
Special Issues
Sociology of Economics
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Sociology of Economics

A special issue of Economies (ISSN 2227-7099).

Deadline for manuscript submissions: closed (30 June 2023) | Viewed by 6991

Special Issue Editor

Prof. Dr. Franklin G. Mixon

E-Mail Website
Guest Editor
Center for Economic Education, Columbus State University, Columbus, GA 31907, USA
Interests: public choice; labor economics; industrial organization; sports economics
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

This Special Issue of Economies concerns what the Journal of Economic Literature classification lists as area A14.  This area of research covers studies about issues related to economists and economics, including but not limited to citation analysis, department rankings, and journal rankings.  Studies of these topics are typically of great interest to academic economists, as they target issues about the profession.  It is hoped that this Special Issue will extend the existing literature in this area, which has been growing by leaps and bounds over the past few decades.

It is my pleasure to invite you to submit a paper for consideration for inclusion in the forthcoming Special Issue of Economies on the sociology of economics. As described by the A14 classification of the Journal of Economic Literature, the sociology of economics covers studies about issues related to economists and economics, including but not limited to citation analysis, department rankings, and journal rankings. In a way, this classification code encompasses studies about the economics profession, which are typically of great interest to academic economists and faculty in related fields. I look forward to receiving your prospective contributions.

Prof. Dr. Franklin G. Mixon
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Economies is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • sociology of economics
  • bibliometrics
  • journal and departmental rankings
  • citations analysis
  • about the economics profession

Published Papers (4 papers)

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Research

15 pages, 394 KiB  
Article
Human Capital, Networks and Segmentation in the Market for Academic Economists
by João Ricardo Faria, Franklin G. Mixon, Jr. and William C. Sawyer
Economies 2023, 11(6), 165; https://doi.org/10.3390/economies11060165 - 12 Jun 2023
Viewed by 1072
Abstract
Academic labor markets often exhibit steep hierarchies, with institutions at the top attempting to attract newly minted doctorates from similarly situated institutions in an effort to maintain or improve their reputations. Yet, despite recent research on labor market segmentation in academe, the literature [...] Read more.
Academic labor markets often exhibit steep hierarchies, with institutions at the top attempting to attract newly minted doctorates from similarly situated institutions in an effort to maintain or improve their reputations. Yet, despite recent research on labor market segmentation in academe, the literature has heretofore been under-theorized. This paper provides a straightforward formal model that generates a three-tiered hierarchy of academic institutions, wherein academic departments affiliated with top-tier universities endeavor to hire only from within the group, while those in the bottom tier are unable to employ faculty with degrees from top departments. The results from statistical tests applied to data from economics departments in the U.S. indicate that top-tier departments employ 3.5 to 3.8 (2.5 to 2.9) more assistant professors from top-tier institutions, ceteris paribus, than bottom (middle) tier departments. Full article
(This article belongs to the Special Issue Sociology of Economics)
13 pages, 304 KiB  
Article
The Road to Hell Is Paved with Good Intentions: Modeling Grant Competition between Universities
by Frank Daumann, Florian Follert and Alfred Wassermann
Economies 2023, 11(3), 81; https://doi.org/10.3390/economies11030081 - 06 Mar 2023
Viewed by 1143
Abstract
Competition is a core feature of science and has for some time also been viewed by institutions in the higher education sector, as well as the state, as an incentive to produce scientific output. Due to scarce financial resources third-party funding plays an [...] Read more.
Competition is a core feature of science and has for some time also been viewed by institutions in the higher education sector, as well as the state, as an incentive to produce scientific output. Due to scarce financial resources third-party funding plays an increasingly important role. However, the race for the coveted grants also has its downsides and can lead to a loss of efficiency. To advance the discussion concerning grant competition we present a rent-seeking model that helps to understand the crucial factors influencing overall welfare. We show that the extent of the increase in productivity of independent research triggered by the grant competition, the extent of administrative expenses and the productivity of the research financed by the grant are decisive. Our main implications for policy-makers and university managers are that competition for third-party funding brings positive and negative effects and therefore, for the individual situation of the university, it has to be carefully considered whether scarce resources are invested in applications and that grant procedures should be designed in such a way that both a Matthew effect and a path-dependency effect are avoided. Full article
(This article belongs to the Special Issue Sociology of Economics)
15 pages, 319 KiB  
Article
Committees or Markets? An Exploratory Analysis of Best Paper Awards in Economics
by Franklin G. Mixon, Jr., Benno Torgler and Kamal P. Upadhyaya
Economies 2022, 10(5), 110; https://doi.org/10.3390/economies10050110 - 09 May 2022
Cited by 1 | Viewed by 2066
Abstract
Despite the general usefulness of citations as a sort of test of the value of one’s work in the marketplace of ideas, journals and publishers tend to use alternative bases of judgment, namely committees, in selecting candidates for the conferral of journals’ best [...] Read more.
Despite the general usefulness of citations as a sort of test of the value of one’s work in the marketplace of ideas, journals and publishers tend to use alternative bases of judgment, namely committees, in selecting candidates for the conferral of journals’ best paper awards. Given that recognition—sometimes in the form of compensation and on other occasions in the form of awards—in academe is geared toward incentivizing the production of impactful research and not some less desirable goal or outcome, it is important to understand the sensitivity in the outcomes of best paper award selection processes to the types of processes used. To that end, this study compares the selection of best paper awards for journals affiliated with several of the world’s top economic associations by committees to a counterfactual process that is based on citations to published studies. Our statistical exploration indicates that in most cases and for most awards, the most cited paper was not chosen. This requires further discussion as to the core characteristics that quantitatively represent the highest impact. Full article
(This article belongs to the Special Issue Sociology of Economics)
21 pages, 394 KiB  
Article
Drivers of Research Outcomes in Developing Countries: The Case of Lebanon
by Pierre Boutros and Ali Fakih
Economies 2022, 10(3), 58; https://doi.org/10.3390/economies10030058 - 04 Mar 2022
Cited by 4 | Viewed by 4042
Abstract
This paper uses a unique dataset from Lebanon, a developing country with unstable political conditions, to explore the drivers of research outcomes. We use the Negative Binomial model to empirically examine the determinants of the total number of publications and single and co-authored [...] Read more.
This paper uses a unique dataset from Lebanon, a developing country with unstable political conditions, to explore the drivers of research outcomes. We use the Negative Binomial model to empirically examine the determinants of the total number of publications and single and co-authored articles. The results indicate that males are more likely to publish co-authored papers than females. Moreover, our findings show a quadratic relationship between age and the number of published papers with a peak at the age of 40. After this turning point, the publication rate starts to decrease at an increasing rate. When we run the model by gender, we find that females in large departments tend to publish more co-authored papers. We also find that full professors tend to publish more papers in Q1 and Q2 journals, while associate professors have more papers in Q2 and Q3 journals. Full article
(This article belongs to the Special Issue Sociology of Economics)
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