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The REPEC Blog - The Economics of Open Access Publishing

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book tower marxist library pragueThe Economics of Open Access Publishing

FROM: THE REPEC BLOG

Open Access Publishing is the free distribution of research, whether it is as a pre-print (working paper) or a peer-reviewed article. Since the creation of the web, more and more journal are choosing open access as their business model. One of them was recently Economic Analysis and Policy, published by the Economic Society of Australia (Queensland). To celebrate this, EAP has just published a special issue dedicated to the Economics of Open Access Publishing. Articles are written by economists discussing their experience with open access as well as by others involved in open access publishing. They cover the transition the publishing industry is currently undergoing, the surprisingly low cost of publishing an open access journal, the impact of open access and various open source aspects of the open access.

Most economics journals take no substantive measures to ensure that the results they publish are replicable. To make the data and code available so that published results can be checked requires an archive. Top economics journals have been adopting mandatory data+code archives in the past few years. The movement toward mandatory data+code archives has yet to reach the open access journals. This is paradoxical; given their emphasis on making articles readily available; one would think that open access journals also would want to make data and code readily available. Open access economics journals should adopt mandatory data+code archives en masse. Doing so will give them a competitive advantage with respect to traditional economics journals.

http://ideas.repec.org/a/eap/articl/v39y2009i1p117-126.html

 

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