Economic value of an in-house editorship

In this paper we have examined the editor effect on publications in institutions with an in-house editor. We found this effect to be general across journals. Using our estimates of the editor effect, we have speculated on the value of such an editing arrangement to the faculty and graduates of the home institution. These estimates might give some clue as to the subsidy an association might extract in negotiations over future editing positions or, alternatively, some benchmark on the return considerations an editor might expect from his home department colleagues.