Arbeitspapier
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 satisfy relevant diagnostic tests of 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).
- Sprache
-
Englisch
- Erschienen in
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Series: Economics Discussion Papers ; No. 2017-73
- Klassifikation
-
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
- Thema
-
replication
statistical adequacy
inference
instrumental variables
reduced form
fundamental determinants of economic development
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Owen, Dorian
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute for the World Economy (IfW)
- (wo)
-
Kiel
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Owen, Dorian
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2017