Reposted by @msjennmo.bsky.social
🚨 Preprint! We combine our recent open dataset of #APC prices with the article counts per journal-year from #OpenAlex to estimate how much the academic community has paid in APCs over the last 5 years.
A. $8.349 billion ($8.968 B in 2023 USD)
$2.5B in 2023 alone.
arxiv.org/abs/2407.16551 #metasci
arxiv.org
Estimating global article processing charges paid to six publishers for open access between 2019 and 2023
This study presents estimates of the global expenditure on article processing charges (APCs) paid to six publishers for open access between 2019 and 2023. APCs are fees charged for publishing in some ...