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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 ...

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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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