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-Email: lesoxley@gmail.com
Author-Person: pox4 
Author-Workplace-Name: Department of Economics and Finance, University of Canterbury, New Zealand
Title: How are Journal Impact, Prestige and Article Influence Related? An Application to Neuroscience.
Abstract: The paper analyses the leading journals in Neurosciences using quantifiable Research Assessment 
	Measures (RAM), highlights the similarities and differences in alternative RAM, shows that several 
	RAM capture similar performance characteristics of highly cited journals, and shows that some other 
	RAM have low correlations with each other, and hence add significant informational value. Alternative 
	RAM are discussed for the Thomson Reuters ISI Web of Science database (hereafter ISI). The RAM that 
	are calculated annually or updated daily include the classic 2-year impact factor (2YIF), 5-year impact 
	factor (5YIF), Immediacy (or zero-year impact factor (0YIF)), Eigenfactor score, Article Influence score, 
	C3PO (Citation Performance Per Paper Online), h-index, Zinfluence, PI-BETA (Papers Ignored - By Even 
	The Authors), 2-year and historical Self-citation Threshold Approval Ratings (STAR), Impact Factor 
	Inflation (IFI), and Cited Article Influence (CAI). The RAM are analysed for 26 highly cited journals 
	in the ISI category of Neurosciences. The paper finds that the Eigenfactor score and PI-BETA are not 
	highly correlated with the other RAM scores, so that they convey additional information regarding journal 
	rankings, that Article Influence is highly correlated with some existing RAM, so that it has little 
	informative incremental value, and that CAI has additional informational value to that of Article Influence. 
	Harmonic mean rankings of the 13 RAM criteria for the 26 highly cited journals are also presented. 
	Emphasizing the 2-year impact factor of a journal to the exclusion of other informative RAM criteria 
	is shown to lead to a distorted evaluation of journal performance and influence, especially given the 
	informative value of several other RAM.
Keywords: Impact factor, Prestige, Immediacy, Eigenfactor, Article Influence, h-index, C3PO, Zinfluence, 
	PI-BETA, STAR, IFI, Cited Article influence.
Note: The authors wish to thank three referees for helpful comments and suggestions. For financial support, 
	the first author acknowledges the National Science Council, Taiwan; the second author acknowledges the 
	Australian Research Council, National Science Council, Taiwan, and the Japan Society for the Promotion of 
	Science; and the third author acknowledges the Royal Society of New Zealand, Marsden Fund.
Length: 17 pages 
Creation-Date: 2011 
Number: 2011-25
X-File-Ref: http://america.sim.ucm.es/repec/ucm/ref/doicae1125.txt
File-URL: https://eprints.ucm.es/id/eprint/12933/1/1125.pdf
File-Format: Application/pdf
File-Function: june 2011
Handle: RePEc:ucm:doicae:1125