Replication in Economics
This examination of the role and potential for replication in economics points out the paucity of both pure replication -- checking on others' published papers using their data -- and scientific replication -- using data representing different populations in one's own work or in a Comment. Several controversies in empirical economics illustrate how and how not to behave when replicating others' work. The incentives for replication facing editors, authors and potential replicators are examined. Recognising these incentives, I advance proposals aimed at journal editors that will increase the supply of replication studies, and I propose a way of generating more scientific replication that will make empirical economic research more credible.
I thank Dwayne Benjamin, Bernd Fitzenberger and Gerald Oettinger for helpful suggestions on an earlier draft, the authors of several of the studies cited here for useful clarifications of their views on the controversies in which they were involved, and several editors for their experiences at their journals. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.
as "Viewpoint: Replication in Economics," Canadian Journal of Economics, Vol 40, no 3 (August 2007), pp. 715-733