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Methods Matter: p-Hacking and Publication Bias in Causal Analysis in Economics

Abel Brodeur, Nikolai Cook and Anthony Heyes

American Economic Review, 2020, vol. 110, issue 11, 3634-60

Abstract: The credibility revolution in economics has promoted causal identification using randomized control trials (RCT), difference-in-differences (DID), instrumental variables (IV) and regression discontinuity design (RDD). Applying multiple approaches to over 21,000 hypothesis tests published in 25 leading economics journals, we find that the extent of p-hacking and publication bias varies greatly by method. IV (and to a lesser extent DID) are particularly problematic. We find no evidence that (i) papers published in the Top 5 journals are different to others; (ii) the journal "revise and resubmit" process mitigates the problem; (iii) things are improving through time.

JEL-codes: A14 C12 C52 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (130)

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DOI: 10.1257/aer.20190687

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