Why Researchers Choose Journal of Political Economy for High-Impact Publications
The Journal of Political Economy stands as a cornerstone in the field of economics, renowned for its rigorous scholarship and enduring influence on economic thought. Established in 1893 by the University of Chicago Press, this quarterly publication has consistently attracted leading economists worldwide, fostering debates that shape policy and theory. Its commitment to high-quality, original research makes it a top choice for academics seeking to advance knowledge in political economy, economic theory, and empirical analysis.
With a history spanning over a century, the journal has published seminal works by Nobel laureates such as Milton Friedman and Gary Becker, underscoring its prestige. Researchers value its broad yet focused scope, which encompasses theoretical models, econometric studies, and interdisciplinary insights into economic development and business dynamics. The journal's editorial process ensures that only the most innovative and methodologically sound papers see publication, enhancing the career trajectories of contributors through citations and recognition.
In today's competitive academic landscape, publishing in the Journal of Political Economy signals excellence and opens doors to funding, collaborations, and tenure. Its integration of economic and business development perspectives appeals to scholars exploring growth, inequality, and institutional economics. For those navigating publication strategies, this guide provides essential insights into metrics, submission protocols, and success factors.
To explore opportunities in academia, consider browsing economics faculty jobs or checking the academic calendar for key deadlines.
Overview & History
The Journal of Political Economy was founded in 1893 at the University of Chicago, initially focusing on political economy as a blend of economics and political science. Over the decades, it evolved into a flagship economics journal, emphasizing theoretical and empirical contributions. Key milestones include its role in advancing monetarism in the mid-20th century and modern econometric innovations. Today, it remains a vital platform for addressing contemporary issues like globalization and fiscal policy, maintaining its status as one of the oldest and most respected journals in the discipline.
Scope and Disciplines Covered
The journal covers a wide array of topics within economics, with a strong emphasis on political economy intersections. It welcomes submissions on economic theory, applied economics, and policy analysis, particularly those with implications for business development and institutional frameworks.
| Discipline | Description |
|---|---|
| Economics | Core theoretical and empirical studies in micro and macroeconomics. |
| Political Economy | Analysis of political institutions' impact on economic outcomes. |
| Business Development | Research on firm behavior, markets, and economic growth strategies. |
| Public Policy | Evaluations of fiscal, monetary, and regulatory policies. |
| Econometrics | Advanced methodological contributions to economic data analysis. |
Key Journal Metrics
The Journal of Political Economy boasts impressive metrics that reflect its influence and selectivity.
| Metric | Value | Source |
|---|---|---|
| Impact Factor (2022) | 9.710 | Clarivate JCR |
| 5-Year Impact Factor | 11.352 | Clarivate JCR |
| CiteScore | 18.5 | Scopus |
| h-Index | 292 | Scopus |
| Acceptance Rate | Approximately 6% | Publisher data |
Indexing and Abstracting
The journal is widely indexed, ensuring global accessibility and discoverability. It appears in major databases such as Web of Science, Scopus, EconLit, and JSTOR. This coverage facilitates high citation rates and supports researchers in tracking interdisciplinary impacts. For full indexing details, visit the official journal homepage.
Publication Model and Fees
As a hybrid journal, the Journal of Political Economy operates primarily on a subscription model, with open access options available. Authors can publish traditionally without fees, but gold open access incurs an Article Processing Charge (APC) of $3,500. This model balances accessibility with sustainability, allowing immediate OA upon payment. Sherpa/RoMEO classifies it as green archiving compliant, permitting preprint deposits.
Submission Process and Guidelines
Submissions are handled exclusively online via the Editorial Express platform. Manuscripts must be original, unpublished, and formatted per the journal's style guide, including double-spacing and anonymized reviews. Initial screening checks for fit and quality, followed by double-blind peer review. Authors should prepare cover letters highlighting novelty. Detailed guidelines are available on the publisher's site. Expect decisions within 3-6 months.
Editorial Board Highlights
The editorial team comprises distinguished economists from top institutions. Editor-in-Chief Ufuk Akcigit (University of Chicago) leads with expertise in innovation economics. Associate editors include specialists in labor, development, and macroeconomics, such as Daron Acemoglu (MIT) and Esther Duflo (MIT). This diverse board ensures balanced, high-caliber reviews.
Why Publish in Journal of Political Economy?
Publishing here elevates a researcher's profile due to the journal's prestige and readership among policymakers and academics. It offers rigorous feedback that strengthens work and boosts citation potential. For career advancement, see how it aligns with Rate My Professor insights on academic success.
Comparison with Similar Journals
The Journal of Political Economy compares favorably with peers in economics.
| Journal | Impact Factor | Acceptance Rate | Focus |
|---|---|---|---|
| Journal of Political Economy | 9.710 | 6% | Theoretical and empirical political economy |
| Quarterly Journal of Economics | 16.120 | 5% | Broad economics with policy emphasis |
| American Economic Review | 9.077 | 8% | General economics research |
| Econometrica | 5.802 | 10% | Econometric theory and methods |
| Review of Economic Studies | 6.450 | 7% | Theoretical economics |
Researcher Tips for Successful Submission
To succeed, ensure your paper addresses a significant puzzle with robust methods. Engage with recent literature and provide clear policy implications. Revise based on feedback and consider co-authorship with established scholars. Track progress via the submission portal and prepare for multiple rounds. For broader career tips, explore higher ed jobs in economics. Additional resources include PhD programs in economics and tenure-track positions. Stay updated with the academic calendar for conference alignments.