Editorial statement: Lessons from Goodhart’s law for the management of the journal

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Published: Dec 30, 2014

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Diego Varela
Universidade da Coruña
Spain
Giacomo Benedetto
Royal Holloway, University of London
United Kingdom
Jose Manuel Sanchez-Santos
Universidade da Coruña
Spain
Vol. 3 No. 2 (2014), Editorial, pages 100-103
DOI: https://doi.org/10.17979/ejge.2014.3.2.4299
Submitted: Sep 24, 2018 Published: Dec 30, 2014
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Abstract

In this editorial statement we summarise some of the discussions we have had in the last months regarding the risks associated with the use of indicators for the measurement of research outputs, and how these risks should affect the management of the European Journal of Government and Economics. In particular, we focus on the consequences of the so-called Goodhart’s law, which states that when a measure becomes a target, it ceases to be a good measure. We also explain the latest developments in the journal in the light of our previous editorial statements, and present our strategy for the upcoming years.

Keywords:

academic publishing, academic journal, Goodhart’s law, indicators, research assessment

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References

Cancelo, Jose R. (2012) 'Cyclical synchronization in the EMU along the financial crisis: An interpretation of the conflicting signals', European Journal of Government and Economics 1(1): 86-100.

Fiorino, Nadia, Emma Galli and Ilaria Petrarca (2012) 'Corruption and Growth: Evidence from the Italian regions', European Journal of Government and Economics 1(2): 126-44.

Goodhart, Charles A.E. (1975) ‘Problems of Monetary Management: The U.K. Experience’, Papers in Monetary Economics (Reserve Bank of Australia).

Varela, Diego (2013) 'The contribution of ISI indexing to a paper's citations: Results of a natural experiment', European Political Science 12(2): 245-53.

Varela, Diego, Giacomo Benedetto and Jose M. Sanchez-Santos (2013) 'Editorial statement: The first two years of EJGE', European Journal of Government and Economics 2(2): 95-9.