Concentration in Knowledge Output : A Case of Economics Journals

Journals moderate knowledge activity in economics. The activity of publishing article in professional journal forms significant part of knowledge output. Output of economics articles has been growing over the time. We examine an important question: Is there any case of institutional or location concentration in knowledge production? This paper analyses concentration indicators specific to economics journals and explores link between publication process and concentration. The analysis of various concentration measures present evidence for institutional-geographic-area-author concentration in Knowledge production in Economics. High concentration levels indicate possibility of institutional lock-in. The literature provides evidence for myopic refereeing, editorial favouritism and the presence of 'lock-in' effect. The achievement in journal publication is influenced by factors like institutional affiliation, propitious circumstances etc. Discussion carried out in this paper hints the possibility of causal link between unfair process and unfair outcome