Puehringer, Stephan, Johanna Rath, and Teresa Griesebner. "The political economy of academic publishing: On the commodification of a public good." Plos One 16.6 (2021): e0253226.
This paper provides an institutional and empirical analysis of the highly concentrated market of academic publishing, while presenting the results of an explorative case study estimating the annual financial flows of public expenditures in Austria for the field of social sciences.
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Notably, this paper indicates that direct publication costs, such as journal subscriptions and article processing fees, represent a small fraction only of the total costs that scholarly publishing entails, which also includes researcher remuneration and indirect reviewing costs.