An Update on the 2016 Thomson-Reuters Citation Impact Factor for JOIE

Geoffrey M Hodgson

JOIE Editor-in-Chief

The previously-announced citation impact factor for JOIE turns out to be incorrect. A much higher corrected figure has now been published.

The citation impact factors published by Thomson-Reuters are one of the most important indicators of the visibility and engagement of a scientific journal.

There are two-year and five-year citation impact factors. The two-year impact factor for 2016 is calculated by looking at all the citations in 2016, from all Thomson-Reuters listed journals in all disciplines, of articles published in JOIE in 2014 and 2015. This number of 2016 citations is then divided by the total number of articles published in JOIE in 2014 and 2015.

The 2016 five-year impact factor is similarly calculated, by addressing all articles published in JOIE in the period 2011-2015. The 5-year impact factor for JOIE in 2016 is 1.695.

JOIE currently ranks 84th out of 347 journals in the Economics JCR in Clarivate Analytics.

This figure shows the impact Factor trend over the last five years


Articles by times cited, fitting the criteria for the 2016 Impact Factor (data from Web of Science)


Times cited Title Author JOIE Volume
6 Institutional quality dataset Kuncic, Aljaz 10.1
6 Empirical analysis of legal institutions and institutional change: multiple-methods approaches and their application to corporate governance research Buchanan, John; Chai, Dominic Heesang; Deakin, Simon 10.1
5 Entrepreneurial judgment as empathic accuracy: a sequential decision-making approach to entrepreneurial action Mcmullen, Jeffery S. 11.3
5 Trust and arena size: expectations, institutions, and general trust, and critical population and group sizes Elsner, Wolfram; Schwardt, Henning 10.1
4 Institutions, rules, and equilibria: a unified theory Hindriks, Frank; Guala, Francesco 11.3
4 Payments for ecosystem services: durable habits, dubious nudges, and doubtful efficacy Hiedanpaa, Juha; Bromley, Daniel W. 10.2
4 Reconsidering the nature and effects of habits in urban transportation behavior Brette, Olivier; Buhler, Thomas; Lazaric, Nathalie; Marechal, Kevin 10.3
4 Religion: productive or unproductive? Wiseman, Travis; Young, Andrew 10.1
4 Introduction to the special issue on the future of institutional and evolutionary economics Hodgson, Geoffrey M.; Stoelhorst, J. W. 10.4
3 Much of the ‘economics of property rights’ devalues property and legal rights Hodgson, Geoffrey M. 11.4
3 On defining institutions: rules versus equilibria Hodgson, Geoffrey M. 11.3
3 On fuzzy frontiers and fragmented foundations: some reflections on the original and new institutional economics Hodgson, Geoffrey M. 10.4
3 Digging deeper into Hardin’s pasture: the complex institutional structure of ‘the tragedy of the commons’ Cole, Daniel H.; Epstein, Graham; McGinnis, Michael D. 10.3
3 History as a laboratory to better understand the formation of institutions Van Bavel, Bas 11.1
3 Eleven mechanisms for the evolution of cooperation Zaggl, Michael A. 10.2
3 Status functions and institutional facts: reply to Hindriks and Guala Searle, John R. 11.3
3 When do institutional transfers work? The relation between institutions, culture and the transplant effect: the case of Borno in north-eastern Nigeria Seidler, Valentin 10.3
2 Economics for a creative world Koppl, Roger; Kauffman, Stuart; Felin, Teppo; Longo, Giuseppe 11.1
2 Financial markets, fiscal constraints, and municipal debt: lessons and evidence from the panic of 1873 Dove, John A. 10.1
2 Trust and prosocial behaviour in a process of state capacity building: the case of the Palestinian territories Andriani, Luca; Sabatini, Fabio 11.4
2 The political economy of special economic zones Moberg, Lotta 11.1
1 The future of evolutionary economics: can we break out of the beachhead? Winter, Sidney G. 10.4
1 Embedding organizational arrangements: towards a general model Menard, Claude 10.4
1 Costly institutions as substitutes: novelty and limits of the Coasian approach Pagano, Ugo; Vatiero, Massimiliano 11.2
1 Why is the equilibrium notion essential for a unified institutional theory? A friendly remark on the article by Hindriks and Guala Aoki, Masahiko 11.3
1 Institutions, rules and equilibria: a commentary Binmore, Ken 11.3
1 The dictator effect: how long years in office affect economic development Papaioannou, Kostadis J.; Van Zanden, Jan Luiten 11.1
1 What are ‘property rights’, and why do they matter? A comment on Hodgson’s article Barzel, Yoram 11.4
1 Hackerspaces: a case study in the creation and management of a common pool resource Williams, Michael R.; Hall, Joshua C. 11.4
1 Bypassing weak institutions in a large late-comer economy Bessonova, Evguenia; Gonchar, Ksenia 11.4
1 Conduct, rules and the origins of institutions Smith, Vernon L. 11.3
1 On common-sense ontology’: a comment on the paper by Frank Hindriks and Francesco Guala Sugden, Robert 11.3
1 Ronald Coase’s impact on economics Shirley, Mary M.; Wang, Ning; Menard, Claude 11.2
1 Ronald Coase’s theory of the firm and the scope of economics Loasby, Brian J. 11.2
1 Coasian and modern property rights economics Foss, Kirsten; Foss, Nicolai 11.2
1 Historical analysis of institutions and organizations: the case of the Brazilian electricity sector Signorini, Guilherme; Ross, R. Brent; Peterson, H. Christopher 11.1
1 Who are the owners of the firm: shareholders, employees or no one? Chassagnon, Virgile; Hollandts, Xavier 10.1
1 Understanding institutions: replies to Aoki, Binmore, Hodgson, Searle, Smith, and Sugden Hindriks, Frank; Guala, Francesco 11.3
1 The dynamics of organizational structures and performances under diverging distributions of knowledge and different power structures Dosi, Giovanni; Marengo, Luigi 11.3
1 Coasean method: lessons from the farm Allen, Douglas W. 11.1
1 Policy credibility and the political economy of reform: the case of Egypt’s commodity subsidies Rohac, Dalibor 10.2

* These data now show 20 citations less than JCR as some additional citations are not visible in Web of Science


Comparisons with Journals Close to JOIE


Journal Title 2012 Impact Factor 2013 Impact Factor 2014 Impact Factor 2015 Impact Factor 2016 Impact Factor
Review of International Political Economy 1.661 1.190 1.875 2.414 3.452
Socio-Economic Review 2.059 1.717 1.545 1.926 2.661
Economic Journal 2.118 2.587 2.336 2.370 2.608
Economy and Society 1.551 1.436 1.310 1.204 1.882
Industrial and Corporate Change 1.331 1.330 1.260 1.327 1.777
Journal of Institutional Economics 0.551 0.672 0.533 0.939 1.676
Scandinavian Journal of Economics 0.645 0.860 0.743 1.298 1.444
Cambridge Journal of Economics 0.951 0.914 1.311 1.263 1.338
Journal of Economic Behavior and Organization 1.065 0.962 1.297 1.374 1.323
Journal of Law and Economics 0.828 1.438 1.344 1.446 0.932
Economic Inquiry 1.090 1.028 1.015 1.091 0.922
Kyklos 0.797 1.083 1.259 0.836 0.891
Science and Society 0.370 0.867 0.667 0.625 0.867
Journal of Evolutionary Economics 0.723 0.675 1.036 0.753 0.862
Business History 0.474 0.564 0.712 0.709 0.830
Review of Radical Political Economics 0.450 0.273 0.377 0.373 0.662
Manchester School 0.454 0.415 0.250 0.261 0.615
History of Political Economy 0.227 0.120 0.308 0.467 0.595
Journal of Economic Issues 0.376 0.645 0.573 0.465 0.581
Journal of Behavioral Finance 0.300 0.391 0.333 0.314 0.576
Journal of Post Keynesian Economics 0.234 0.339 0.328 0.348 0.500
Metroeconomica 0.279 0.645 0.984 0.468 0.475
Journal of Applied Economics 0.469 0.25 0.258 0.182 0.455
American Journal of Economics and Sociology 0.389 0.33 0.153 0.273 0.446
Business History Review 0.657 0.725 0.625 0.634 0.425
Journal of Institutional and Theoretical Economics 0.443 0.377 0.578 0.324 0.280



The top 10 cited articles published since 2010 based on total cites (in any year)

Times cited Title Author JOIE Volume
126 What is an institution? Searle, J. 1.1
75 Institutions and economic development: theory, policy and history Chang, Ha-Joon 7.4
72 Comparing theories of institutional change Christopher Kingston, Gonzalo Caballero 5.2
50 Artifacts at the centre of routines: performing the material turn in routines theory D’Adderio, Luciana 7.2
46 Why are cooperatives important in agriculture? An organisational economics perspective Valentinov, V. 3.1
42 Crafting analytical tools to study institutional change Elinor Ostrom,
Xavier Basurto
37 Structure, Institution, Agency, Habit, and Reflexive Deliberation Fleetwood, S. 4.2
35 The endogenous origins of experience, routines, and organizational capabilities: the poverty of stimulus Teppo Felin,
Nicolai J. Foss
30 How (Not) to measure institutions Voigt, Stefan 9.1
30 From the new institutional economics to organization economics: with applications to corporate governance, government agencies, and legal institutions Posner, Richard A. 6.1


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