Journal Article
No. 2018-60 | September 21, 2018
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 pass relevant diagnostic tests for 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: 322 (Discussion Paper: 601)

Links

Cite As

P. Dorian Owen (2018). Replication to assess statistical adequacy. Economics: The Open-Access, Open-Assessment E-Journal, 12 (2018-60): 1–16. http://dx.doi.org/10.5018/economics-ejournal.ja.2018-60


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