Discussion Paper

No. 2017-73 | September 28, 2017
Replication to assess statistical adequacy
(Published in Special Issue The practice of replication)

Abstract

‘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).

JEL Classification:

C31, C36, I25, P14, O10

Assessment

  • Downloads: 48

Links

Cite As

Dorian Owen (2017). Replication to assess statistical adequacy. Economics Discussion Papers, No 2017-73, Kiel Institute for the World Economy. http://www.economics-ejournal.org/economics/discussionpapers/2017-73


Comments and Questions


Anonymous - Referee report 1
October 05, 2017 - 08:14

see attached file


Dorian Owen - Responses to Referee Report 1
October 10, 2017 - 10:37

See attached file


Anonymous - Referee report 2
October 11, 2017 - 21:41

see attached file