Agricultural Economists' Effectiveness in Reporting and Conveying Research Procedures and Results
Joe L. Parcell,
Terry L. Kastens and
Kevin C. Dhuyvetter
No 285762, 1981-1999 Conference Archive from NCR-134/ NCCC-134 Applied Commodity Price Analysis, Forecasting, and Market Risk Management
Abstract:
This study reviews articles published in the Journal of Agricultural Economics from 1994 to 1998 which used regression analysis to determine agricultural economists' effectiveness in reporting and conveying research procedures and results. Based on the authors experiences of surveying articles for this study, we have several suggestions on how to better express reporting of results and how to better separate statistical from economic significance. First, clearly define the dependent variable - preferably in the results table. Second, when applicable, report parameter estimates in an interpretable form either in the table or in a subsequent table. Third, when applicable, report summary statistics. Fourth, report degrees of freedom conspicuously in the results table. Fifth, do not hesitate to report that statistically insignificant variables have been dropped. Lastly, weigh economic importance aside from statistical significance - use simulation to express economic significance.
Keywords: Marketing (search for similar items in EconPapers)
Date: 1999-04
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nc8191:285762
DOI: 10.22004/ag.econ.285762
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