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Is There Value-Added from the Review Process in Economics?: Preliminary Evidence from Authors

David N. Laband

Clemson University

Quarterly Journal of Economics 1990

Do referees employed by journals merely screen acceptable from unacceptable manuscripts or are they charged with an additional value-adding responsibility vis-à-vis the papers they review? Drawing from editorial correspondence provided by survey respondents, I address this question by examining the relationship between citations of published papers and comments provided by reviewers and editors. Referees' comments demonstrate a positive impact on subsequent citation of papers, while comments made by editors show no such impact. Value-adding by editors appears to derive principally from efficient matching of papers with reviewers.

DOI
10.2307/2937790
Volume
105 (2)
Pages
341
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