4.0 Article

What topic modeling could reveal about the evolution of economics

Journal

JOURNAL OF ECONOMIC METHODOLOGY
Volume 25, Issue 4, Pages 329-348

Publisher

ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
DOI: 10.1080/1350178X.2018.1529215

Keywords

Topic modeling; economics as science; economics literature; text analysis

Categories

Funding

  1. European Society for the History of Economic Thought (ESHET)

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The paper presents the topic modeling technique known as Latent Dirichlet Allocation (LDA), a form of text-mining aiming at discovering the hidden (latent) thematic structure in large archives of documents. By applying LDA to the full text of the economics articles stored in the JSTOR database, we show how to construct a map of the discipline over time, and illustrate the potentialities of the technique for the study of the shifting structure of economics in a time of (possible) fragmentation.

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