Artikel
Methods used in economic research: An empirical study of trends and levels
The methods used in economic research are analyzed on a sample of all 3,415 regular research papers published in 10 general interest journals every 5th year from 1997 to 2017. The papers are classified into three main groups by method: theory, experiments, and empirics. The theory and empirics groups are almost equally large. Most empiric papers use the classical method, which derives an operational model from theory and runs regressions. The number of papers published increases by 3.3% p.a. Two trends are highly significant: The fraction of theoretical papers has fallen by 26 pp (percentage points), while the fraction of papers using the classical method has increased by 15 pp. Economic theory predicts that such papers exaggerate, and the papers that have been analyzed by meta-analysis confirm the prediction. It is discussed if other methods have smaller problems.
- Language
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Englisch
- Bibliographic citation
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Journal: Economics: The Open-Access, Open-Assessment Journal ; ISSN: 1864-6042 ; Volume: 15 ; Year: 2021 ; Issue: 1 ; Pages: 28-42 ; Berlin: De Gruyter
- Classification
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Wirtschaft
Sociology of Economics
Economic Methodology
- Subject
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research methods
survey of journals
- Event
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Geistige Schöpfung
- (who)
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Paldam, Martin
- Event
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Veröffentlichung
- (who)
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De Gruyter
- (where)
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Berlin
- (when)
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2021
- DOI
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doi:10.1515/econ-2021-0003
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
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
- Paldam, Martin
- De Gruyter
Time of origin
- 2021
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