I would be interested to know the differences between peer reviewed journals and refereed journals in these aspects:
Conditions for the acceptance of papers for publications.
The time length of paper stage after submission.
Amount payable by authors.
Answer
To expand on Yuichiro Fujiwara's comment, "peer review" and "refereeing" are exact synonyms, and no differences at all are implied by the names. For historical reasons, some fields are more likely to use one term than the other (for example, mathematicians talk more often about refereeing than peer review). Publishing practices also differ between fields in other ways, such as the length of the reviewing process. There might be a weak correlation with the use of terms like peer review and refereeing, since both issues are heavily influenced by which field you are looking at. However, I'd bet that any correlations are small, and in any case this is not a productive way to investigate journal differences (since knowing the field would tell you enormously more than just knowing which term the journal uses for peer review).
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