Table 2a provides descriptive statistics for the main variables used in this study. Although the total
number of articles (variable Chart) increased by an average of 49.5% between 2001 and 2008, the number
of international articles increased by 74.2% while non-international articles decreased by 4.2%. The
proportion of international articles in each publication went from a median of 14.8% in 2001 (variable
Prop01) to 25% in 2008 (variable Prop08). New variables are also constructed and reported in Table 2a.
The first variable, Ratio, is calculated as the International Score divided by the Non-International Score.
Twenty-one journals reported better “international citation scores”, leading to a median value of 1.09 for
the variable Ratio. Table 2a also reports the proportion of non-U.S. editors, which is still low with a median
of 11.1%. Finally, although the largest number of citations per article goes mostly to non-international
articles (variable Maxdom), there is a lower proportion of international articles with zero cites (variable
Zeroint).
Table 2b ranks the thirty-one journals based on their international score (Intscore10). The top seven
journals have a variable Ratio greater than one, which shows that their rankings are strongly correlated
with their good international scores. For example, the Journal of Political Economy and Journal of Accounting
Research have much better international rankings (2nd and 3rd respectively) than what their overall score
would suggest (9th and 11th ranks). By contrast, the Journal of Finance ranks only in 8th place with a Ratio
lower than one.