Lab Seminar - Is a replicability crisis on the horizon for environmental and resource economics?
Xiurou Wu presented the forthcoming paper by Paul J. Ferraro and Pallavi Shukla on replicability crisis in Environmental and Resource Economics, followed by lab discussion.
Paul J. Ferraro and Pallavi Shukla. Is a Replicability Crisis on the Horizon for Environmental and Resource Economics? Review of Environmental Economics and Policy, 2020.
Abstract:
Environmental and resource economists pride themselves on the credibility of their empirical research. In other disciplines, however, the credibility of empirical research is increasingly being debated by scholars. At the core of these debates are critiques of widespread practices, such as selectively reporting results or using designs with low statistical power, and critiques of the professional incentives that encourage these practices. These critiques have led to claims of a “replicability crisis” in science. We show that questionable research practices are also prevalent in the environmental and resource economics literature. We argue that the discipline needs to take the potential harm from these practices more seriously. To mitigate this harm, we recommend changes in the norms and practices of funders, editors, peer reviewers, and authors.