A Citation-Based Test for Discrimination at Economics and Finance Journals

42 Pages Posted: 5 Jul 2000 Last revised: 4 Dec 2022

See all articles by Scott Smart

Scott Smart

Indiana University - Kelley School of Business - Department of Finance

Joel Waldfogel

University of Minnesota - Twin Cities - Carlson School of Management; National Bureau of Economic Research (NBER); University of Minnesota - Twin Cities - Department of Economics

Multiple version iconThere are 2 versions of this paper

Date Written: February 1996

Abstract

Discrimination is notoriously difficult to document. Convincing tests for discrimination require good measures of the legitimate determinants of the outcome of interest, for example wages and productivity. While few contexts provide data adequate to the task of measuring discrimination, copious bibliographic data on the impact of academic research make possible tests of discrimination in the editorial process. This study develops a test for possible bias þ with respect to author gender, prestige of author's institution, article content (theory vs. empiricism), and whether the author has ties to the editor þ using a new approach based on an analysis of citations. We treat citations as a measure of article quality and ask whether papers by certain groups receive systematically different numbers of citations. The key to our approach is the observation that editors do not simply accept or reject papers. For accepted papers, editors determine articles' order within journal issue and length based on their quality assessments. We show that these 'editorial treatment' decisions are highly correlated with citations. Thus, we infer bias against a particular group of authors if their published articles have more citations, conditional editorial treatment, than other articles. Surprisingly, we document systematic editorial bias in favor of authors located outside of top institutions.

Suggested Citation

Smart, Scott B. and Waldfogel, Joel, A Citation-Based Test for Discrimination at Economics and Finance Journals (February 1996). NBER Working Paper No. w5460, Available at SSRN: https://ssrn.com/abstract=225512

Scott B. Smart (Contact Author)

Indiana University - Kelley School of Business - Department of Finance ( email )

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Joel Waldfogel

University of Minnesota - Twin Cities - Carlson School of Management ( email )

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National Bureau of Economic Research (NBER)

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Cambridge, MA 02138
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University of Minnesota - Twin Cities - Department of Economics ( email )

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Minneapolis, MN 55455
United States

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