Journal of Real Estate Finance and Economics

管理一學門
財務領域國際期刊分級排序專案計畫
-不動產期刊
盧秋玲
12/14/2006
1
Outline
1. Survey
A. Journal
B. Reviewer
2. Impact Factor
3. Literature
4. Result
2
Criteria for journal selection
• Diaz, Julian, Roy Black, and Joseph Rabianski, 1996,
A Note on Ranking Real Estate Research Journals
 Evaluate 30 Journals
 22 of them are “Professional Group”
 8 of them are “Academic Group”
• Dombrow, Jonathan and Geoffrey Turnbull, 2002,
Individuals and Institutions Publishing Research in
Real Estate – 1989-1998
3
Results
10 Journals are selected.
1.Journal of Real Estate Finance and Economics
2.Real Estate Economics
3.Journal of Real Estate Research
4.Journal of Housing Economics
5.Journal of Regional Science
6.Journal of Urban Economics
7.Regional Science and Urban Economics
8.Urban Studies
9.Journal of Property Research
10.Journal of Property Investment and Finance
(Land Economics was excluded. Because it doesn’t publish much on Real
Estate)
4
Criteria for reviewer selection(1)
Literature:
Dombrow, Jonathan and Geoffrey Turnbull, 2002,
Individuals and Institutions Publishing Research in
Real Estate – 1989-1998
5
Criteria for reviewer selection(2)
1. Professors who were ranked in the top 20 of core,
base, and broad journals
2. Finance or real estate professors
3. Editors of core journals
4. Professors from England area
6
Result
•14 Reviewers are selected
=> 7 reviewers responded
•Professors who were ranked in the top 30 of
core, base, and broad journals and are in the
editorial board of REE and JREFE.
•3 Reviewers were selected
=> 3 reviewers responded
7
Adjustment
Problem:
1. obvious bias
2. comments are not consistent
with ranking result
8
2. Impact Factor
• 2000-2004
9
Ranking by Literature
• Diaz, Julian, Roy Black, and Joseph
Rabianski, 1996, A Note on Ranking Real
Estate Research Journals
–
–
Ranking by 13 groups
Select 3 groups: tenured faculty, practitioners, and
members of department with real estate title
• Redmand, Arnold, Hermand Manakyan, and
John Tanner, 1998, The ranking of real estate
journals: a citation analysis approach
–
–
Rank without self citations
Rank with self citations
10
Result from 林炳輝 (2003)
•林丙輝,2003年,「管理一及管理二學
門國際學術期刊及排序專案計畫」
•受訪財金學者人數眾多,具代表性
11
表一 國外學者問卷評分彙總資料
Journal
Journal of Real Estate
Finance and Economics
Real Estate Economics
Journal of Real Estate
Research
Journal of Property
Research
Journal of Property
Investment and Finance
(used to be Journal of
Property Valuation and
Investment)
Normal Normal
Normal Score
Average
Score
Score
(林) Average
4.63
1.00
0.6452 0.8226
4.50
0.97
0.4355 0.7042
2.75
0.59
0.4032 0.4989
2.13
0.46
0
0.2297
1.38
0.30
0
0.1486
12
表二 影響係數彙總資料
Journal
2000 2001 2002
2003
2004 Average
Normal
Impact Impact Impact Impact Impact Impact
Score
Factor Factor Factor Factor Factor Factor
Journal of Real Estate Finance and
0.676
Economics
Real Estate Economics
0.764
Journal of Real Estate Research
NA
Journal of Property Research
NA
Journal of Property Investment
and Finance
NA
(used to be Journal of Property
Valuation and Investment)
0.629
0.437
0.435
0.475
0.5304
0.86
0.679
NA
NA
0.288
NA
NA
0.868
NA
NA
0.5
NA
NA
0.6198
0
0
1.00
0.00
0.00
NA
NA
NA
NA
0
0.00
13
表三 文獻排名彙總資料
Literature
Journal
Journal of Real Estate Finance
and Economics
Real Estate Economics
Journal of Real Estate
Research
Journal of Property Research
Journal of Property
Investment and Finance
(used to be Journal of Property
Valuation and Investment)
Normal
Average
Score
Normal
Normal Score
Score
Average
(林)
4.2
0.88
0.3516
0.6133
4.8
1.00
0.2902
0.6451
3
0.63
0.0905
0.3578
0
0
0
0.0000
0
0
0
0.0000
14
表四 財務相關不動產金融期刊排名
學者問卷評
期刊名稱
論排名
Rank
Journal of Real Estate Finance
N.
Score
文獻排名
加權平均
影響係數
(40%,20%,20%)
Rank
N.
Score
Rank
N.
Score
Rank
Weighted
Average
1
0.8226
2
0.6133
2
0.8558
1
0.74
Real Estate Economics
2
0.7042
1
0.6451
1
1.0000
2
0.73
Journal of Real Estate Research
3
0.4989
3
0.3578 N/A 0.0000
3
0.34
Journal of Property Research
4
0.2297 N/A 0.0000 N/A 0.0000
4
0.09
5
0.1486 N/A 0.0000 N/A 0.0000
5
0.05
and Economics
Journal of Property Investment
and Finance
(used to be Journal of Property
15
Reference
•
Diaz, Julian, Roy T. Black and Joseph Rabianski, 1996, A Note on Ranking Real Estate Research
Journals, Real Estate Economics, 24:4, 551-563
•
Dombrow, Jonathan and Geoffrey K. Turnbull, 2002, Individuals and Institutions Publishing
Research in Real Estate—1989-1998, Journal of Real Estate Literature, 10:1, 45-92.
•
Dombrow, Jonathan and Geoffrey Turnbull, 2000, Individual and Institutional Contributors to the
Journal of Real Estate and Economics: 1988-1999, Journal of Real Estate Finance and Economics,
21:2, 203-214.
•
Faircloth, Sheri and Steve Swidler, 1998, The Publishing of Real Estate Articles Within a Finance
Department, Journal of Real Estate Literature, 6: 111-117
•
Gibler, M. Karen and Alan J. Ziobrowski, 2002, Authors’ Perceptions and Preferences Among Real
Estate Journals, Real Estate Economics, 30:1, 137-157.
•
Ong, Seow Eng, Joseph Ooi and Nyuk Hien Wong, 2001, Academic papers: Crossing the great
divide? A survey of US and UK real estate journals, Journal of Property Investment & Finance,
19:6, 519-534.
•
Redman, Arnold L., Herman Manakyan and John R. Tanner, 1999, A Normalized Citation Analysis
of Real Estate Journals, Real Estate Economics, 27:1, 169-182
•
Redman, Arnold L., Herman Manakyan, and John R. Tanner, 1998, The Ranking of Real Estate
Journals: A Citation Analysis Approach, Financial Practice and Education—Fall/Winter
•
林丙輝,2003年,「管理一及管理二學門國際學術期刊及排序專案計畫」
16
•謝謝!!
17