The performance of Latin American research on economics & business
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This paper aims to evaluate the citation-based performance of Latin American research on economics and business using scale-adjusted indicators. The results show that scale-invariant properties govern the Latin American research output in the Economics & Business discipline. Power law aptly describes the distribution of citation impacts with exponent \(\alpha \approx - 2.27 \pm 0.05\). Likewise, the Latin American citation impact and the size of the fields in the discipline of Economics & Business correlate according to a power law with scaling exponent \(\alpha \approx 1.13 \pm 0.07\). The results suggest that to accurately evaluate the citation-based performance of this research field, the use of scale-invariant indicators is necessary. Furthermore, the results show the efficacy of scale-adjusted indicators when comparing research fields of vastly different sizes.
KeywordsCitation impact Power-law Relative impact Scale-independent indicator Scale-adjusted indicator Self-similarity
Mathematics Subject Classification00 62
We express our gratitude to the two reviewers for their encouraging observations and to Herman Aguinis, Luis Ángel Guerras-Martín, Lutz Bornmann, Sundaresan Naranan, and Ronald Rousseau for their interesting suggestions to a previous version of the manuscript.
GARP designed the study and prepared the experiments, performed the experiments, analyzed the data, and wrote the manuscript.
FONDECYT Chile financed this research. Grant Number: 1180200.
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