The attached spreadsheet reveals the top research producers in terms of scholarship creation for the last five years in the leading Core Business real estate journals. The list is designed to serve as a tool for public policy makers (predominately state and federal government legislators and their staffs), industry practitioners, and trade associations to assist them in their placement of sponsored research. Additionally, the list should prove most helpful to College of Business Deans and University Presidents seeking to expand their school’s and/or university’s focus into the field of real estate.
(View and download the attachment.)
In no certain order of importance, the Top 3 Core Business real estate journals are defined as REE (Real Estate Economics), JREFE (Journal of Real Estate Finance and Economics) and JRER (Journal of Real Estate Research). While these journals cover a broad list of topics, they can be said to focus on the business side of real estate covering topics such as market liquidity, property pricing, duration analysis, likelihood of a transaction, mortgage markets, income-producing property, REITs, and buyer versus renter markets, among other issues. [i]
The list concentrates on the concept of scholarship creation. Where the creation of scholarship is defined as the process of developing a research question, testing this question, submitting the work for blind peer review, and the acceptance of this work by a scientific academic journal. Thus, publication acceptance is a necessary and sufficient condition for an author being credited with the creation of scholarship. For each manuscript, each author associated with that particular work is credited with the production of one piece of scholarship. This is not the usual convention in articles that seek to rank authors and universities research productivity. Typically, the convention is to rank by metrics such as page counts and weighted shares. However, this list is not designed to be a ranking tool. Instead, the list is designed as a tool that is easily decipherable and useful to the parties outlined above. [ii]
Articles in the Top 3 Core Business real estate journals published between January 1, 2007 and December 31, 2011 plus forthcoming articles accepted by 12-15-2011 are itemized in the list.[iii] Tentatively, the list will be updated each year during the month of December. For example, the list should next be updated for articles published between January 1, 2008 and December 31, 2012 plus forthcoming accepted papers appearing on the three Core Business real estate journals’ websites on or before 12-15-2012. In this way, the list constantly reflects current research productivity. Additionally, the list contains other information such as manuscript titles to assist list readers in determining the area or areas of expertise of individual researchers.
If unaltered, the list in spreadsheet form may be copied and redistributed without restrictions. Other questions including (but not limited to) possible corrections can be directed to:
Ken H. Johnson
[i] Urban Econ journals are not covered in this list. While there is considerable overlap between Core Business and Urban journals, Urban Econ journals tend to concentrate in areas such as urban growth models, the social benefits of ownership, and agglomeration.
[ii] There is, of course, enough information within the provided spreadsheets for any interested party to produce the traditional ranking metrics. In fact, we encourage such work as it will serve as additional information on the most current producers of Core Business real estate research.
[iii] Forthcoming articles are those articles that have been accepted for publication but that are not yet in print. The criteria employed for the list requires that the piece be listed as forthcoming on the three journals’ websites by 12-15-2011.
© Copyright Ken H. Johnson. This material may be freely duplicated and republished under the following conditions: (a) the author’s name must be clearly visible; (b) the author’s journal affiliation must be clearly visible; and (c) the author’s university affiliation must be clearly visible. Otherwise, this material may not be reproduced in any form without the written consent of the author.