Is Economics Research Replicable? Sixty Published Papers from Thirteen Journals Say “Usually Not” by Andrew C. Chang and Phillip Li
We attempt to replicate 67 papers published in 13 well-regarded economics journals using author-provided replication files that include both data and code. Some journals in our sample require data and code replication files, and other journals do not require such files. Aside from 6 papers that use confidential data, we obtain data and code replication files for 29 of 35 papers (83%) that are required to provide such files as a condition of publication, compared to 11 of 26 papers (42%) that are not required to provide data and code replication files. We successfully replicate the key qualitative result of 22 of 67 papers (33%) without contacting the authors. Excluding the 6 papers that use confidential data and the 2 papers that use software we do not possess, we replicate 29 of 59 papers (49%) with assistance from the authors. Because we are able to replicate less than half of the papers in our sample even with help from the authors, we assert that economics research is usually not replicable. We conclude with recommendations on improving replication of economics research.
Note that their implicit definition of "replicable" is very narrow --- under their procedure, one can fail to be "replicable" simply by failing to reply to an e-mail from the authors asking for code. This is somewhat of a word play, since typically "failure to replicate" means that one is unable to get the same results as the authors while following the same procedure. Based on their discussion at the end of section 3, it appears that (at most) 9 of the 30 "failed replications" are due to actually running the code and getting different results.
If it's worth saying, but not worth its own post (even in Discussion), then it goes here.
Notes for future OT posters:
1. Please add the 'open_thread' tag.
2. Check if there is an active Open Thread before posting a new one. (Immediately before; refresh the list-of-threads page before posting.)
3. Open Threads should be posted in Discussion, and not Main.
4. Open Threads should start on Monday, and end on Sunday.