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Isn't there evidence that articles with data provided get more citations?
Lessons from R/R
I predict there there is going to be a lot more replication assignments in graduate courses. Newmark's Door: It would have been an excellent example in two of my classes. I'm referring to the graduate student who tried to replicate the Rogoff and Reinhart paper and found they had made a substant...
That is an interesting admission.
Also interesting (and I think I saw Justin Wolfers first point this out), the Papers and Proceedings Issue doesn't appear to use the entire AER data policy, even though it kind of says that the policy applies(in the image of the article you cite):
"The American Economic Review’s policy regarding availability of data also applies to the Papers and Proceedings. Papers are published only if the data used in the analysis are clearly and precisely documented and are readily available to any researcher for purposes of replication."
But the full policy requires submission of a replication data set and that clearly does not apply to the P&P issue. So even if peer review didn't catch the mistake, the data would have been available much earlier.
Everyone has the same chance at the AER, right?
Wrong: We spoke with Virginia economics professor William R. Johnson, who edited the edition of the Review in which the [Reinhart and Rogoff] paper first appeared. This annual edition, "Papers and Proceedings," differs from all others in that the papers come out of presentations made at the yea...
Kudos on the title!
I don't have any useful suggestions.
Dante's lament: I'm not even supposed to be here today
What happens to peer review when you can't find a peer? Here is what you see when you can't find a referee for a paper submitted to an Elsevier journal: This is not an atypical paper. I try potential referees who are experts in the area (searching for keywords in Google Scholar and Scopus), au...
This is brilliant!
Hedonics
And my wife's birthday is coming up, this is perfect!
Friday Beer Post
OK,it's Thursday, and this is about vodka, but being from Bawlmer (Baltimore) I couldn't pass this one up: On Monday – which was Maryland Day, for those of you not from the Old Line State – Philadelphia Distillers officially launched its new vodka, the Bay, which is flavored with “traditional C...
Go Hokies!
I've been drafted into Wolfpack Nation
The rationale is quite possibly something like that. I can't seem to find a breakdown of the agencies under $100 million (they are lumped as "other").
Also, $100 million/year is the legal cutoff for an SBIR program, so that threshold might be useful in identifying agencies.
At what point in our history did we decide that federally-funded data COULD be the sole property of the researcher?
This is really good news: The Obama administration announced on Friday a major new policy aimed at increasing public access to federally financed research. The policy, delivered in a memorandum from John P. Holdren, director of the White House Office of Science and Technology Policy, applies to ...
John, I can't answer your question about the $100 million/year cutoff (I mean I don't know the answer, by the way), but if I'm reading my budget tables correctly, that exclusion leaves out less than one percent of Federal R&D spending
At what point in our history did we decide that federally-funded data COULD be the sole property of the researcher?
This is really good news: The Obama administration announced on Friday a major new policy aimed at increasing public access to federally financed research. The policy, delivered in a memorandum from John P. Holdren, director of the White House Office of Science and Technology Policy, applies to ...
Oh yeah, probably. Although I think there's an argument for government subsidies for newer technologies that would reduce externalities from older technologies.
I took the budget cut challenge ... and failed!
From the comments on this post: Mal said... Now is not the time to advocate new ways to spend on "good"ideas. That's easy. Anybody anytime can do that. Our leaders with the cheer leading of most of the media have been doing that for too many years. And now we're basically broke. I repeat W...
It's too bad revenue increases are out, because I would suggest raising (or lifting, I'm not sure) the Social Security payroll cap. I would also rescind the Bush tax cuts--they are a big chunk of the current deficit.
If we were to raise the age limit for Social Security, I think we'd have to account for manual laborers who can't work until the raised limit (Easier access to disability? Something based on job classifications? I don't know, not my area of expertise).
Eliminate farm subsidies.
I took the budget cut challenge ... and failed!
From the comments on this post: Mal said... Now is not the time to advocate new ways to spend on "good"ideas. That's easy. Anybody anytime can do that. Our leaders with the cheer leading of most of the media have been doing that for too many years. And now we're basically broke. I repeat W...
I think I can translate that into something that I can make sense of.
Daily D & S: Are there no MBAs at Beam Inc.?
A follow up to Tim's Maker's Mark post. From the inbox: Dear Ambassador, Since we announced our decision last week to reduce the alcohol content (ABV) of Maker’s Mark in response to supply constraints, we have heard many concerns and questions from our ambassadors and brand fans. We’re humbled...
The Wonkblog reading is interesting and I know I read something similar (but can't find it). I guess it seems to me that if you're trying to position a liquor as premium, the occasional shortage helps, not hurts.
Bulleit 10 year is pretty good, too.
Daily D & S: Are there no MBAs at Beam Inc.?
A follow up to Tim's Maker's Mark post. From the inbox: Dear Ambassador, Since we announced our decision last week to reduce the alcohol content (ABV) of Maker’s Mark in response to supply constraints, we have heard many concerns and questions from our ambassadors and brand fans. We’re humbled...
I honestly can't keep the definition of sustainability straight.
I took the Appstate sustainability survey and got the first question wrong!
Here is the first question and my answers: Here is the answer the survey revealed at the end of the survey: Sustainable development has a triple bottom line (AKA "the Three Es") -- a healthy environment with functioning ecosystems, economic development that engages local populations, AND soc...
7/10
It's a good thing I shaved my beard or I might've ended up in this quiz...
Professor or Hobo? I got 7/10 right. Post you score in the comments. HT: Brad Gentner via FB
I ain't got no political agenda, ain't got no message for the youth of America.
Going to see DBT and the Old 97s (Drive By Trainwreck) next month in Baltimore.
Don’t call what you're wearing an outfit
The Institute for Energy Research thinks that the "CBO underestimates revenues from expanded oil-and-gas drilling": The Congressional Budget Office is vastly underestimating the potential revenue that could be achieved by opening more federal lands to oil-and-gas drilling, according a report rele...
Awesome title
Don’t call what you're wearing an outfit
The Institute for Energy Research thinks that the "CBO underestimates revenues from expanded oil-and-gas drilling": The Congressional Budget Office is vastly underestimating the potential revenue that could be achieved by opening more federal lands to oil-and-gas drilling, according a report rele...
Woo-hoo!
Would the NRA support this government funded field experiment?
From the InDecision blog ("the new blog set up by and for younger researchers in the field of judgment and decision-making psychology"): This week in our interview series is Richard H. Thaler, Ralph and Dorothy Keller Distinguished Service Professor of Behavioural Science and Economics at The Un...
Thanks, I am going to take the path to awesome.
"Not Cool Robert Frost"
Just thought this was awesome so I had to share.
I used to have solid figures on the number of articles published in many of these journals, but I'd bet JEEM (or Land) would have the highest percentage of CV articles per total articles published. At least before they added issues each year.
Top 25 outlets for contingent valuation papers
From the Carson Bibliography (through 2008): Journal Number Ecological Economics 167 Land Economics 161 Environmental and Resource Economics 145 Journal of Environmental Economics and Management 132 American Journal of Agricultural Economics 113 Journal of Environmental Manage...
Oh I get it, thanks.
Number of "contingent valuation" studies: 1980-2007
Source: Google Scholar, Carson's Bibliography Update (2/4/13) via Richard Carson: The main reason for this is that I gave up trying to get "all" of the CV papers and studies after 2000. This is clearly stated on p. 21 of the book. Between 2000 and 2007, the bibliography contains a sizable b...
So what's going on there? I'm not sure I understand.
Number of "contingent valuation" studies: 1980-2007
Source: Google Scholar, Carson's Bibliography Update (2/4/13) via Richard Carson: The main reason for this is that I gave up trying to get "all" of the CV papers and studies after 2000. This is clearly stated on p. 21 of the book. Between 2000 and 2007, the bibliography contains a sizable b...
No substitute whatsoever.
Can't have pancakes (and waffles) without it*
It took a gang of maple syrup rustlers to help me understand why the price is so high: Depending on the year, [Quebec] can produce more than three-quarters of the world’s supply. And its marketing organization appears to have taken some tips from the producers of another valuable liquid commodit...
I've only skimmed these (the articles are on my kindle) but I don't see how you discuss WTP-WTA without citing anything later than 1995.
What I did on election night*
At the risk of angering the gods ... KAAAAAAAAAAAAHHHHHHHHHHHHHNNNNNNNNNNNNN: Jerry Hausman is a straight shooter. In this well written Journal of Economics Perspective piece, he presents a coherent critique of contingent valuation as a credible tool for valuing non-market goods. Long live ...
Congrats!
Who knew someone could be an economist and an athlete?
From the inbox: If you haven't had a chance to complete your athlete survey online, please take a moment to do so now before we close the survey on Nov. 5. Your feedback is critical to helping us make the Nationwide Children’s Hospital Columbus Marathon & 1/2 Marathon a great event each year - f...
Is Shiner just a locational thing? (That is, Texas=Republican.) That seems to explain some of the others.
This is why you need to look at the data
From the National Journal: Some observations that go against my own preconceptions: Bud leans left but Sam Adams leans right? I would've thought Bud was preferred by the conservative NASCAR crowd while Sam Adams was preferred by them liberal Yankees Corona left, but Corona Light right? Hein...
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