Artikel

Replication to assess statistical adequacy

"Statistical adequacy" is an important prerequisite for securing reliable inference in empirical modelling. This paper argues for more emphasis on replication that specifically assesses whether the results reported in empirical studies are based on statistically adequate models, i.e., models with valid underpinning statistical assumptions that pass relevant diagnostic tests for misspecification. A replication plan is briefly outlined to illustrate what this would involve in practice in the context of a specific study by Acemoglu, Gallego and Robinson (Institutions, human capital, and development, Annual Review of Economics, 2014).

Language
Englisch

Bibliographic citation
Journal: Economics: The Open-Access, Open-Assessment E-Journal ; ISSN: 1864-6042 ; Volume: 12 ; Year: 2018 ; Issue: 2018-60 ; Pages: 1-16 ; Kiel: Kiel Institute for the World Economy (IfW)

Classification
Wirtschaft
Multiple or Simultaneous Equation Models: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
Multiple or Simultaneous Equation Models: Instrumental Variables (IV) Estimation
Education and Economic Development
Capitalist Systems: Property Rights
Economic Development: General
Subject
Replication
statistical adequacy
reliability of inference
science trustworthy-ness
misspecification testing
instrumental variables
reduced form
fundamental determinants of economic development

Event
Geistige Schöpfung
(who)
Owen, P. Dorian
Event
Veröffentlichung
(who)
Kiel Institute for the World Economy (IfW)
(where)
Kiel
(when)
2018

DOI
doi:10.5018/economics-ejournal.ja.2018-60
Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Owen, P. Dorian
  • Kiel Institute for the World Economy (IfW)

Time of origin

  • 2018

Other Objects (12)