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Economic Journal 2021 Annual Report
Highlights
Submissions and impact
- In 2021, the Journal received 1,929 submissions; the second highest number of submissions
received in any one year. Acceptance rates for 2021 are just over 5%.
- In 2021, the Journal received 236 short papers, compared with 119 in 2020.
- The 2020 Impact Factor (released in June 2021) was 3.178, higher than the 2019 Impact
Factor 2.764.
- The Journal is currently ranked tenth by Google Scholar.
- The Journal continues to raise its profile on social media, with Twitter followers increasing
by 3,775 in 2021 and overall Twitter followers now exceeding 17,800 (as of 2.2.22).
- The Journal continues to perform well on alternative measures of impact, with 28,250
mentions at the end of 2021.
- Decision turnaround times for all papers in 2021 is 34 days. Turnaround times for all papers,
excluding those that are desk rejected is 69 days.
Turnaround times
- The Journal continues to benefit from dedicated referees and Associate Editors who deliver
high-quality and timely reports, with 93% returning their reports within 3 months in 2021.
- Decision turnaround times for 2021 have improved, with the average turnaround time for all
papers being 34 days, down from 54 days in 2020.
Ethics and Research Transparency
- The Journal is a member of the Committee of Publication Ethics.
- Ethics guidelines for authors, reviewers and editors continue to be adopted to ensure that
publication best practice is upheld.
- The Journal’s Data Editor, Joan Llull, continues to coordinate pre-acceptance reproducibility
checks in line with top journals in the field.
Operations
- The Journal transitioned to an Editor-in-Chief structure. Francesco Lippi was appointed as
the Journal’s Editor-in-Chief in August 2021.
- In 2021 the reproducibility checks for the Economic Journal and the Econometrics Journal
were centralised under Joan Llull’s direction.
- The Journal continues to work with Editorial Office Limited to provide additional staff
support.
People
- Gilat Levy and Hans-Joachim Voth completed their terms as Managing Editors during 2021.
- Sule Alan, Amanda Friedenberg and Sule Alan joined the board as Managing Editors in 2021.
- Francesco Lippi was appointed as the Journal’s Editor-in-Chief in August 2021.
- Joan Llull acts as the Journal’s Data Editor.
- Antonia Glanfield acts as the Journal’s Publications Manager.
1. Editorial Team
1.1. Current Editorial Team
Editor-in-Chief
Francesco Lippi, LUISS University and EIEF
Joint Managing Editors
Sule Alan, European University Institute & Marco Manacorda, Queen Mary University of
Bilkent University London
Heski Bar-Isaac, University of Toronto Barbara Petrongolo, University of Oxford
Amanda Friedenberg, University of Arizona Franck Portier, University College London
Steffen Huck, WZB Berlin Social Science Ekaterina Zhuravskaya, Paris School of
Center & University College London Economics & EHESS
Publications Manager
Antonia Glanfield, Royal Economic Society (ej@res.org.uk)
Data Editor
Joan Llull, MOVE, Universitat Autònoma de Barcelona & Barcelona BSE
1.2. Editorial Board changes
- Gilat Levy and Hans-Joachim Voth completed their terms in May 2021.
- Franck Portier joined the board in February 2021.
- Sule Alan and Amanda Friedenberg joined the board in April 2021.
2. Journal Statistics
2.1. Submissions (Tables 1 & 2)
The total number of submissions for 2021 is 1,929, the second highest number of submissions
received in any one year. This is down from 1,994 in 2020. The acceptance rate for 2021 is just
over 5%, up from 4% in 2020. The rate of desk reject decisions in 2021 is 50%, slightly up from
48% in 2020.
The geographical distribution (Table 2) of submissions is similar to that of recent years, with the
largest share of submissions coming from Europe (39%). 25% of submissions came from the US
and Canada. Submissions coming from the UK are stable, accounting for 15% of submissions.
2.1.1. Short paper submissions (Table 1)
In July 2020, the Journal introduced a short paper article type, along the lines of the AER:Insights
style (<6,000 words, 5 exhibits). Short papers are held to the same quality standards as regular
submissions, and the editorial decision processes in terms of refereeing apply.
In 2021, a total of 236 short papers were receive and 7 were accepted.
2.2. Editorial Processing Times (Tables 3-5)
Table 3 provides statistics on turnaround times for submitted papers. The proportion of all
papers handled within 14 days has increased from 55% in 2020 to 61% in 2021. In 2021 all
papers were handled within 6 months, a significant achievement for the Journal. Table 4 shows
that referees are also returning their reports promptly, with 93% of reviews being returned
within 3 months.
Desk reject papers are not sent for review, therefore turnaround times for these papers remains
low. The average turnaround time for desk reject decisions has decreased from 7 days in 2020 to
5 days 2021.
Table 5 shows the number of new submissions handled by each Managing Editor and the
number of resubmitted papers (as shown by the +). Each editor handles approximately 200
papers per year.
2.3. Rankings and Impact Factors (Tables 6-7)
Table 6 shows the Economic Journal’s Impact Factors, compared with those of its closest
competitors. The Journal’s 2020 2-year Impact Factor increased from 2019, going from 2.764 to
3.178. This compares with an Impact Factor of 6.548 for the Review of Economics and Statistics,
4.583 for the Journal of the European Economic Association and 6.345 for the Review of
Economic Studies. The Journal’s 5-year Impact Factor is 4.889. The EJ is ranked tenth by Google
Scholar.
The Journal continues to perform well on alternative measures of impact. Altmetric scores
measure the online attention published articles receive through various media sources. Table 7
details the sources of these mentions. A large proportion comes from Twitter, with 20,215
mentions. EJ articles were mentioned in 4,913 policy papers and news outlets contributed 1,228
mentions in total. The total number of mentions at the end of 2021 was 28,250.
2.3.1. Social media
The Journal’s Twitter page which is used to promote Journal articles, news and engage with the
community, currently has over 17,800 followers (as of 2.2.2022). In 2021 the Journal
experienced an increase of 3,775 followers and generated over 1.7million impressions,
compared with 711k impressions in 2020.
3. Prizes
3.1. The Austin Robinson Memorial prize
The Austin Robinson Memorial prize is awarded to the best paper published in the Journal in a
given year by an author (or multiple authors) who is (or are) within 5 years or receiving his or her
(or their) PhD. The winning paper is selected by the Managing Editors.
The 2020 Austin Robinson prize was awarded to Vasiliki Fouka and Alain Schläpfer for their
article ‘Agricultural Returns to Labour and the Origins of Work Ethics’. The 2021 winner will be
announced during the annual RES conference in April.
3.2. Royal Economic Society (RES) Prize
The RES Prize is awarded to the best paper published in the Journal in a given year. It is selected
by a prize committee consisting of the RES President, a Managing Editor and a member of the
RES council.
The 2020 RES prize was awarded to Ting Chen, James Kai-sing Kung and Chicheng Ma for their
article ‘Long Live Keju! The Persistent Effects of China’s Civil Examination System’. The 2021
winner will be announced during the annual RES conference in April.
3.3. Referee Prizes
The 2021 winners of the referee prizes were announced in January 2022. The 14 winners
were:
Sebastian Axbard, Queen Mary University of London
Jan David Bakker, Bocconi University
Natalie Bau, University of California, Los Angeles
Dana Galizia, Carleton University
Greg Jarosch, Princeton University
Antonio Penta, Universitat Pompeu Fabra & BSE
Casey Rothschild, Wellesley College
Simone Schaner, University of Southern California
Pablo Schenone, Fordham University
Nicolas Schutz, University of Mannheim
Liyan Shi, Einaudi Institute for Economics and Finance
Peter Norman Sørensen, University of Copenhagen
Jan Stuhler, Universidad Carlos III de Madrid
Ina Taneva, University of Edinburgh
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