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Review of Austrian Economics
H-index 6

Review of Austrian Economics

0889-3047

Published by: Springer

https://www.springer.com/journal/11138

Ranking & Metrics

Discipline name Position Best Scientists Publications D-Index
Economics and Finance 522 5 16 4

Additional Metrics

Number of Best Scientists*: 12
Documents by Best Scientists*: 24
Top 100 Ranked Scientists*: 2
SCIMAGO H-index: 39
SCIMAGO SJR: 0.411
Impact Factor: 0.4

Overview

Top Research Topics at The Review of Austrian Economics?

The Review of Austrian Economics is organized to address concerns in the fields of Public finance, Neoclassical economics, Austrian School, Positive economics and Political economy. The studies in Public finance featured incorporate elements of Economic history, Entrepreneurship, Law and economics, Politics and Market economy. Politics works presented in The Review of Austrian Economics have a specific focus on Public choice.

Studies on Neoclassical economics discussed in it link to the field of Business cycle. The Review of Austrian Economics addresses concerns in Austrian School which are intertwined with other disciplines, such as Epistemology, Schools of economic thought and Applied economics.

  • Public finance (73.72%)
  • Neoclassical economics (23.37%)
  • Austrian School (22.33%)

What are the most cited papers published in the journal?

  • Creativity and/or Alertness: A Reconsideration of the Schumpeterian Entrepreneur (381 citations)
  • The Origins of Entrepreneurial Opportunities (151 citations)
  • Mises and hayek dehomogenized (137 citations)

Research areas of the most cited articles at The Review of Austrian Economics:

Public finance, Neoclassical economics, Austrian School, Positive economics and Market economy are the main subjects of interest in the most cited publications. Political economy, Public economics, Public choice, Politics and Entrepreneurship are some topics wherein Public finance research discussed in the most cited papers has an impact. The journal articles explore issues in Neoclassical economics which can be linked to other research areas like Argument and Value (ethics).

What topics the last edition of the journal is best known for?

  • Law
  • World War II
  • Epistemology

The previous edition focused in particular on these issues:

The journal investigates areas of study like Public finance, Political economy, Entrepreneurship, Austrian School and Economic history. Some problems in Public finance that were presented in it overlapped with concepts under Theory of the firm, Neoclassical economics, Positive economics, Corporate governance and Microfoundations. The Review of Austrian Economics explores issues in Neoclassical economics which can be linked to other research areas like Discount points and Subject (philosophy).

The work on Entrepreneurship tackled in the journal brings together disciplines like Context (language use), Self-governance and Industrial organization. Topics in Austrian School were tackled in line with various other fields like Social science, Phenomenology (philosophy), School of thought and Humanities. Research in Politics and the interrelating topic of Utopia, Injustice and Sympathy were among the subjects of interest in the Economic history studies discussed in The Review of Austrian Economics.

The most cited articles from the last journal are:

  • Bureaucrats or Markets in Innovation Policy? – a critique of the entrepreneurial state (5 citations)
  • Progress by consent: Adam Smith as development economist (4 citations)
  • Hayek on complexity, uncertainty and pandemic response (3 citations)

Papers citation over time

A key indicator for each journal is its effectiveness in reaching other researchers with the papers published at that venue.

The chart below presents the interquartile range (first quartile 25%, median 50% and third quartile 75%) of the number of citations of articles over time.

The top authors publishing in The Review of Austrian Economics (based on the number of publications) are:

  • Peter J. Boettke (25 papers) absent at the last edition,
  • Peter Lewin (20 papers) published 2 papers at the last edition, 1 more than at the previous edition,
  • Richard E. Wagner (16 papers) absent at the last edition,
  • Randall G. Holcombe (16 papers) absent at the last edition,
  • Christopher J. Coyne (14 papers) absent at the last edition.

The overall trend for top authors publishing in this journal is outlined below. The chart shows the number of publications at each edition of the journal for top authors.

Only papers with recognized affiliations are considered

The top affiliations publishing in The Review of Austrian Economics (based on the number of publications) are:

  • George Mason University (156 papers) published 12 papers at the last edition, 3 more than at the previous edition,
  • New York University (21 papers) absent at the last edition,
  • Florida State University (20 papers) absent at the last edition,
  • University of Texas at Dallas (19 papers) published 1 paper at the last edition the same number as at the previous edition,
  • West Virginia University (14 papers) absent at the last edition.

The overall trend for top affiliations publishing in this journal is outlined below. The chart shows the number of publications at each edition of the journal for top affiliations.

Publication chance based on affiliation

The publication chance index shows the ratio of articles published by the best research institutions in the journal edition to all articles published within that journal. The best research institutions were selected based on the largest number of articles published during all editions of the journal.

The chart below presents the percentage ratio of articles from top institutions (based on their ranking of total papers).Top affiliations were grouped by their rank into the following tiers: top 1-10, top 11-20, top 21-50, and top 51+. Only articles with a recognized affiliation are considered.

During the most recent 2021 edition, 12.07% of publications had an unrecognized affiliation. Out of the publications with recognized affiliations, 41.18% were posted by at least one author from the top 10 institutions publishing in the journal. Another 3.92% included authors affiliated with research institutions from the top 11-20 affiliations. Institutions from the 21-50 range included 15.69% of all publications and 39.22% were from other institutions.

Returning Authors Index

A very common phenomenon observed among researchers publishing scientific articles is the intentional selection of journals they have already attended in the past. In particular, it is worth analyzing the case when the authors participate in the same journal from year to year.

The Returning Authors Index presented below illustrates the ratio of authors who participated in both a given as well as the previous edition of the journal in relation to all participants in a given year.

Returning Institution Index

The graph below shows the Returning Institution Index, illustrating the ratio of institutions that participated in both a given and the previous edition of the conference in relation to all affiliations present in a given year.

The experience to innovation index

Our experience to innovation index was created to show a cross-section of the experience level of authors publishing in a journal. The index includes the authors publishing at the last edition of a journal, grouped by total number of publications throughout their academic career (P) and the total number of citations of these publications ever received (C).

The group intervals were selected empirically to best show the diversity of the authors' experiences, their labels were selected as a convenience, not as judgment. The authors were divided into the following groups:

  • Novice - P < 5 or C < 25 (the number of publications less than 5 or the number of citations less than 25),
  • Competent - P < 10 or C < 100 (the number of publications less than 10 or the number of citations less than 100),
  • Experienced - P < 25 or C < 625 (the number of publications less than 25 or the number of citations less than 625),
  • Master - P < 50 or C < 2500 (the number of publications less than 50 or the number of citations less than 2500),
  • Star - P ≥ 50 and C ≥ 2500 (both the number of publications greater than 50 and the number of citations greater than 2500).

The chart below illustrates experience levels of first authors in cases of publications with multiple authors.

Career Opportunities in the Field of Austrian Economics

An understanding of Austrian Economics can provide a wealth of opportunities in both academia and the professional realm. There is a high demand for economic analysts, financial advisors, and policy strategists who can use the principles of Austrian School and Neoclassical economics to navigate the complexities of the market economy. In academia, researchers can contribute to the existing body of economic thought, analyze governmental policies, and guide the future generations of economists studying in this field. There are numerous career paths to consider following graduation from programs in Austrian or Neoclassical economics. Within the business world, individuals who understand and can apply these economic theories may be able to work in companies' strategic planning or finance departments, or as a business analyst, investment analyst, or financial advisor. In the government sector, positions may exist within finance, financial regulation, and economic forecasting. Non-profit organizations may require economists to help manage their finances, or apply economic analysis to the areas they serve. When considering a path in Austrian Economics, another possibility to consider is becoming a Certified Public Accountant (CPA). In Nevada, for instance, the journey to becoming a certified CPA involves completing an accounting degree followed by passing the Uniform CPA Exam. However, becoming a CPA in Nevada can offer numerous benefits such as higher earning potential and increased job security. More details about accounting schools and the CPA certification process can be found in our article on best accounting schools in nevada. In conclusion, an understanding of key economic theories and principles can offer multiple career opportunities in academia, business, government, and non-profit organizations. The career path chosen can align with an individual's strengths and interests, and offer a rewarding and successful future.

Top Publications

  • Entrepreneurship prompts institutional change in developing economies

    Niklas Elert;Magnus Henrekson

    (2021)
    18 Citations
  • Progress by consent: Adam Smith as development economist

    William Easterly

    (2021)
    14 Citations
  • The economic logic behind the ultimate resource

    (2022)
    6 Citations
  • The Austrian School of Economics: A view from London

    Peter J. Boettke;Rosolino A. Candela

    (2020)
    6 Citations
  • Creative destruction: getting ahead and staying ahead in a capitalist economy

    Randall G. Holcombe

    (2020)
    3 Citations

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Best Scientists Contributing to This Journal