Journal
JOURNAL OF POLITICAL ECONOMY
Volume 110, Issue 5, Pages 947-993Publisher
UNIV CHICAGO PRESS
DOI: 10.1086/341868
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Over the last three decades there has been a dramatic slowdown of the publication process at top economics journals. A substantial part is due to journals' requiring more extensive revisions. Various explanations are considered: democratization of the review process, increases in the complexity of papers, growth of the profession, and cost and benefit arguments. Changes in the profession are examined using time-series data. Connections between these changes and the slowdown are examined using paper-level data. There is evidence for some explanations, but most of the slowdown remains unexplained. Changes may reflect evolving social norms.
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