Arbeitspapier

Spotlight on researcher decisions: Infrastructure evaluation, instrumental variables, and specification screening

This paper revisits the instrumental variable (IV) approach in Lipscomb et al. (2013, 2021, LMB) to study the impacts of electrification. We first make corrections to the construction of the dataset, including the modelled IV. Revised estimates on main outcomes and mechanisms are statistically insignificant, with substantially lower effect sizes. We second develop a framework that accounts for weak IVs and discourages specification screening. Applying it to LMB, we find that most theoretically justified specifications yield insignificant results. The proposed framework is transferable to other IV applications to reduce potential bias stemming from researcher's or replicator's discretion.

ISBN
978-3-96973-157-4
Sprache
Englisch

Erschienen in
Series: Ruhr Economic Papers ; No. 991

Klassifikation
Wirtschaft
Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Model Evaluation, Validation, and Selection
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
Thema
Replication
instrumental variables
electrification
infrastructure
specification curveanalysis
robust inference

Ereignis
Geistige Schöpfung
(wer)
Ankel-Peters, Jörg
Bensch, Gunther
Vance, Colin
Ereignis
Veröffentlichung
(wer)
RWI - Leibniz-Institut für Wirtschaftsforschung
(wo)
Essen
(wann)
2023

DOI
doi:10.4419/96973157
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Ankel-Peters, Jörg
  • Bensch, Gunther
  • Vance, Colin
  • RWI - Leibniz-Institut für Wirtschaftsforschung

Entstanden

  • 2023

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