Selective Reporting and the Social Cost of Carbon

Tomas Havranek, Zuzana Irsova, Karel Janda and David Zilberman

No 2014/29, Working Papers IES from Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies

Abstract: We examine potential selective reporting in the literature on the social cost of carbon (SCC) by conducting a meta-analysis of 809 estimates of the SCC reported in 101 studies. Our results indicate that estimates for which the 95% confidence interval includes zero are less likely to be reported than estimates excluding negative values of the SCC, which creates an upward bias in the literature. The evidence for selective reporting is stronger for studies published in peer-reviewed journals than for unpublished papers. We show that the findings are not driven by the asymmetry of confidence intervals surrounding the SCC and are robust to controlling for various characteristics of study design and to alternative definitions of confidence intervals. Our estimates of the mean reported SCC corrected for the selective reporting bias are imprecise and range between 0 and 130 USD per ton of carbon in 2010 prices for emission year 2015.

Keywords: social cost of carbon; climate policy; integrated assessment models; meta-analysis; selective reporting; publication bias (search for similar items in EconPapers)
JEL-codes: C83 D24 O12 O32 (search for similar items in EconPapers)
Pages: 40pages
Date: 2014-09, Revised 2014-09
New Economics Papers: this item is included in nep-ene and nep-env
References: Add references at CitEc
Citations: View citations in EconPapers (4)

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Related works:
Journal Article: Selective reporting and the social cost of carbon (2015)
Working Paper: Selective Reporting and the Social Cost of Carbon (2015)
Working Paper: Selective reporting and the social cost of carbon (2015)
Working Paper: Selective Reporting and the Social Cost of Carbon (2014)
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