The impact of economics on management |
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| Institution: | 1. Department of Ophthalmology, Poznan City Hospital, Poznan, Poland;2. Department of Ophthalmology, University of Warmia and Mazury, Olsztyn, Poland;3. Department of Ethics and Human Philosophy, Medical University, Lublin, Poland;1. Department of Bio-Medical Gerontology, Graduate School, Hallym University, Chuncheon 22400, Republic of Korea;2. Ilsong Institute of Life Sciences, Hallym University, Anyang, Gyeonggido 14066, Republic of Korea;3. Department of Plant Protection, National Academy of Agricultural Science, Rural Development Administration, Wanju-gun, Jeollabuk-do 55365, Republic of Korea;4. USDA-ARS Horticultural Crops Research Unit, 3420 NW Orchard Ave., Corvallis, OR 97330, United States |
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| Abstract: | This article analyzes the impact of economics on management by examining citations of 71 management journals. AER, JPE, Econometrica and QJE have the highest impact. Industrial organization journals also have a particularly large impact. The share of economics in management citations drops from 9.91 percent until 1995 to 5.70 percent for 1996–2005. Three possible explanations for this decrease are analyzed: economics research became more mathematical; because management is a younger discipline, it grew faster than economics in quantity and quality of research; and interdisciplinary spillover of research is slower than the spillover within a discipline. Only the second explanation is supported by the data. |
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