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
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978-3-96973-157-4
- Sprache
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Englisch
- Erschienen in
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Series: Ruhr Economic Papers ; No. 991
- Klassifikation
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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
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Replication
instrumental variables
electrification
infrastructure
specification curveanalysis
robust inference
- Ereignis
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Geistige Schöpfung
- (wer)
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Ankel-Peters, Jörg
Bensch, Gunther
Vance, Colin
- Ereignis
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Veröffentlichung
- (wer)
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RWI - Leibniz-Institut für Wirtschaftsforschung
- (wo)
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Essen
- (wann)
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2023
- DOI
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doi:10.4419/96973157
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
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