Replication in Applied Economic Analysis

Authors

  • Anastasia Hernández Alemán University Institute of Tourism and Sustainable Economic Development. Las Palmas de Gran Canaria University. Las Palmas de Gran Canaria, Spain. E-mail: anastasia.hernandez@ulpgc.es
  • Carmelo J. León University Institute of Tourism and Sustainable Economic Development. Las Palmas de Gran Canaria University. Las Palmas de Gran Canaria, Spain. E-mail: cleon@daea.ulpgc.es

DOI:

https://doi.org/10.25115/eea.v36i1.2532

Keywords:

Scientific Method, Economy and Replication.

Abstract

This paper leads to deliberate on economics as a science. One of the basic principles of the scientific method is the "reproducibility", so an experiment can be tested o repeat it. This is based on the publicity of its results and its potential verification by the scientific community. Nowadays, this basic rule of the scientific method seems to be in question in the economic analysis. Then, we find in the literature, more recently, numerous articles that discuss the need to impulse and promote the replication of empirical studies. Researchers should obtain the author’s dataset and codes that facilitate the replication or verification or reproducibility. This is an essential part of scientific progress, providing robustness and transparency to the results already obtained and published.

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Published

2019-06-01