Template-type: ReDIF-Paper 1.0
Author-Name: Chia-Lin Chang
Author-Email: changchialin@nchu.edu.tw
Author-Person: pch286
Author-Workplace-Name: Department of Applied Economics, Department of Finance, National Chung Hsing University, Taichung, Taiwan
Author-Name: Michael McAleer
Author-Person: pmc90 
Author-Workplace-Name: Econometrisch Instituut (Econometric Institute), Faculteit der Economische Wetenschappen (Erasmus School of Economics)
	Erasmus Universiteit, Tinbergen Instituut (Tinbergen Institute).
Author-Name: Les Oxley
Author-Workplace-Name: Department of Economics and Finance, University of Canterbury, New Zealand
Title: Great Expectatrics: Great Papers, Great Journals, Great Econometrics
Abstract: The paper discusses alternative Research Assessment Measures (RAM), with an emphasis on the Thomson 
	Reuters ISI Web of Science database (hereafter ISI). Some analysis and comparisons are also made with 
	data from the SciVerse Scopus database. The various RAM that are calculated annually or updated daily 
	are defined and analysed, including the classic 2-year impact factor (2YIF), 2YIF without journal self 
	citations (2YIF*), 5-year impact factor (5YIF), Immediacy (or zero-year impact factor (0YIF)), Impact 
	Factor Inflation (IFI), Self-citation Threshold Approval Rating (STAR), Eigenfactor score, Article 
	Influence, C3PO (Citation Performance Per Paper Online), h-index, Zinfluence, and PI-BETA (Papers 
	Ignored - By Even The Authors). The RAM are analysed for 10 leading econometrics journals and 4 leading 
	statistics journals. The application to econometrics can be used as a template for other areas in 
	economics, for other scientific disciplines, and as a benchmark for newer journals in a range of 
	disciplines. In addition to evaluating high quality research in leading econometrics journals, the 
	paper also compares econometrics and statistics, alternative RAM, highlights the similarities and 
	differences of the alternative RAM, finds that several RAM capture similar performance characteristics 
	for the leading econometrics and statistics journals, while the new PI-BETA criterion is not highly 
	correlated with any of the other RAM, and hence conveys additional information regarding RAM, highlights 
	major research areas in leading journals in econometrics, and discusses some likely future uses of RAM, 
	and shows that the harmonic mean of 13 RAM provides more robust journal rankings than relying solely on 
	2YIF.
Classification-JEL: C43, C10, Z0.
Keywords: Research assessment measures, impact factors, Immediacy, Eigenfactor, Article influence, Cited article 
	influence, h-index, C3PO, Zinfluence, PI-BETA, IFI, STAR.
Length: 53 pages 
Creation-Date: 2011 
Number: 2011-14
X-File-Ref: http://america.sim.ucm.es/repec/ucm/ref/doicae1114.txt
File-URL: https://eprints.ucm.es/id/eprint/12732/1/1114.pdf
File-Format: Application/pdf
Handle: RePEc:ucm:doicae:1114