A Two-Sided, Empirical Model of the Submission and Subscription Markets for Economics Journals

49 Pages Posted: 31 Aug 2011

See all articles by Yuqing Zheng

Yuqing Zheng

University of Kentucky - College of Agriculture - Department of Agricultural Economics

Harry M. Kaiser

Cornell University - School of Applied Economics and Management

Date Written: August 30, 2011

Abstract

We develop and estimate a two-sided model for the market for economics journals. In this model an economics journal faces demand from authors for its scarce space and demand from library and individual subscribers for access to its content, and thereby chooses its manuscript submission fee, subscription fees, and pages of content to compete against each other. We examine how the price allocation between the author and subscriber sides is affected by the relative size of cross-group network externalities, i.e., authors’ valuation of the number of subscribers and vice versa, and by platform governance (for-profit vs. non-profit), among other things.

Keywords: Circulation, economics journals, impact factor, library subscription, network effect, submission fee, two-sided market

JEL Classification: L11, L82, C21

Suggested Citation

Zheng, Yuqing and Kaiser, Harry M., A Two-Sided, Empirical Model of the Submission and Subscription Markets for Economics Journals (August 30, 2011). Available at SSRN: https://ssrn.com/abstract=1919747 or http://dx.doi.org/10.2139/ssrn.1919747

Yuqing Zheng (Contact Author)

University of Kentucky - College of Agriculture - Department of Agricultural Economics ( email )

Lexington, KY 40546
United States

Harry M. Kaiser

Cornell University - School of Applied Economics and Management ( email )

248 Warren Hall
Ithaca, NY 14853
United States
607-255-1598 (Phone)
607-254-4335 (Fax)

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