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1 Open Access and Open Assessment: The Future of Peer Reviewed Journals? Experiences with a New Journal in Economics Rethinking the university after Bologna: New concepts and practices beyond tradition and the market December 12th – 13th 2008 , University of Antwerp Olaf Siegert Korinna Werner-Schwarz German National Library of Economics (ZBW) Kiel Institute for the World Economy (IfW) www.economics-ejournal.org

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Page 1: Open Access and Open Assessment: The Future of Peer Reviewed Journals? Experiences with ... , von Olaf  Siegert und Korinna Werner-Schwarz

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Open Access and Open Assessment:The Future of Peer Reviewed Journals?

Experiences with a New Journal in Economics

Rethinking the university after Bologna: New concepts and practices beyond tradition and the market  

December 12th – 13th 2008 , University of Antwerp

Olaf Siegert Korinna Werner-SchwarzGerman National Library of Economics (ZBW) Kiel Institute for the World Economy (IfW)

www.economics-ejournal.org

Page 2: Open Access and Open Assessment: The Future of Peer Reviewed Journals? Experiences with ... , von Olaf  Siegert und Korinna Werner-Schwarz

Overview

(1) Scholarly Communication in Economics

(2) Peer-Review Journals and Open Access

(3) The Concept of Economics

(4) Further Features

(5) Archiving and Dissemination

(6) Organization of the Journal

(7) Economics in Numbers

(8) Outlook

www.economics-ejournal.org

Page 3: Open Access and Open Assessment: The Future of Peer Reviewed Journals? Experiences with ... , von Olaf  Siegert und Korinna Werner-Schwarz

(1) Scholarly Communication in Economics

• Preprint culture (Working/Discussion/Research Papers)

• Main research findings in Peer-Review Journals

• Top Journals (mainly Anglo-American) in Social Science Citation Index (SSCI)

• High subscription prices (up to 3,000 Euros)

• Up to two years between preprint and article

• English as main language, no relevant sub-languages

• Growing use of research data

• Increasing importance of rankings

Page 4: Open Access and Open Assessment: The Future of Peer Reviewed Journals? Experiences with ... , von Olaf  Siegert und Korinna Werner-Schwarz

(2) Peer-Review Journals and Open Access (OA)

Traditional (licensed) Journals:

• Oriented at print model (Issues, Lack of “Web 2.0”)

• Lapse of up to two years between preprint and article

• High subscription prices (restricted dissemination)

Open Access Journals:

• High Dissemination (Free availability on the Internet)

• Creative use of Internet („Web 2.0“, rankings), but:

• Not established yet (only 2% of all journals; only 2 OA journals in SSCI)

www.economics-ejournal.org

Page 5: Open Access and Open Assessment: The Future of Peer Reviewed Journals? Experiences with ... , von Olaf  Siegert und Korinna Werner-Schwarz

(3) The Concept of Economics • Two-Stage Publication Process:

=> Contributions are published as Discussion Papers and as Journal Articles

• Double Peer-Review Process:=> Traditional Peer-Review by referees is supplemented by an “Open Assessment” of registered readers

• No issues, just single articles

• No author fees

www.economics-ejournal.org

Page 6: Open Access and Open Assessment: The Future of Peer Reviewed Journals? Experiences with ... , von Olaf  Siegert und Korinna Werner-Schwarz
Page 7: Open Access and Open Assessment: The Future of Peer Reviewed Journals? Experiences with ... , von Olaf  Siegert und Korinna Werner-Schwarz
Page 8: Open Access and Open Assessment: The Future of Peer Reviewed Journals? Experiences with ... , von Olaf  Siegert und Korinna Werner-Schwarz
Page 9: Open Access and Open Assessment: The Future of Peer Reviewed Journals? Experiences with ... , von Olaf  Siegert und Korinna Werner-Schwarz

(4) Further Features of the Journal

• Download-ranking (“Most downloaded papers”)

• Full-text links in references of each paper (via RePec)

• “Related papers” and “related links”

• Publication of related data sets for individual articles

• Integration of selected articles in online version of „Financial Times Deutschland“ (German business newspaper)

• Use of Open Access licence (Creative Commons)

www.economics-ejournal.org

Page 10: Open Access and Open Assessment: The Future of Peer Reviewed Journals? Experiences with ... , von Olaf  Siegert und Korinna Werner-Schwarz

(5) Archiving and Dissemination

• All papers are archived in ZBW’s digital repository

• The journal is indexed and abstracted in several major databases:

– EconLit

– RePEc

– ECONIS

– EBSCO

– IBSS (forthcoming)

– …and in Google / Google Scholar

www.economics-ejournal.org

Page 11: Open Access and Open Assessment: The Future of Peer Reviewed Journals? Experiences with ... , von Olaf  Siegert und Korinna Werner-Schwarz

(6) Organisation of the Journal

• Editor / Editorial Office: Kiel Institute (IfW)

• Archiving and Dissemination; Organizational Support: German National Library of Economics (ZBW)

• Advisory Board: 19 international renowned economists (including five Nobel prize winners)

• Initial Funding via German Research Foundation (DFG)

www.economics-ejournal.org

Page 12: Open Access and Open Assessment: The Future of Peer Reviewed Journals? Experiences with ... , von Olaf  Siegert und Korinna Werner-Schwarz

(7) The Journal in Numbers

• Online since March 2007

• Almost 250 submissions

• 83 Published discussion papers

• 50 Published journal articles

• Very international author affiliation (USA, UK, Italy, Germany)

• 65.000 downloads (i.e. about 500 downloads per paper)

• 1800 registered readers

• 380 comments

• Only 60 ratings and recommendations

www.economics-ejournal.org

Page 13: Open Access and Open Assessment: The Future of Peer Reviewed Journals? Experiences with ... , von Olaf  Siegert und Korinna Werner-Schwarz

(8) Outlook

• Integration of citation analysis (via Citec or Google Scholar)

• Trying to get accepted in the SSCI

• Establishing a business model for a sustainable operation without external funding

• Working on more registered readers and more comments / ratings

• Better integration of data sets

Establishing Economics in the rankings of TOP journals Trying to push the barriers for scholarly communication!

www.economics-ejournal.org

Page 14: Open Access and Open Assessment: The Future of Peer Reviewed Journals? Experiences with ... , von Olaf  Siegert und Korinna Werner-Schwarz

Thank you for listening!

Korinna Werner-Schwarz

[email protected]

Olaf Siegert

[email protected]