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Meta-Regression Methods for Detecting and Estimating Empirical Effects in the Presence of Publication Selection

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  • T.D. Stanley

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Abstract

This study investigates the small-sample performance of meta-regression methods for detecting and estimating genuine empirical effects in research literatures tainted by publication selection. Publication selection exists when editors, reviewers or researchers have a preference for statistically significant results. Meta-regression methods are found to be robust against publication selection. Even if a literature is dominated by large and unknown misspecification biases, precision-effect testing and joint precision-effect/meta-significance testing can provide viable strategies for detecting genuine empirical effects. Publication biases are greatly reduced by combining two biased estimates, the estimated meta-regression coefficient on precision (1/Se) and the unadjusted average effect.

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File URL: http://www.deakin.edu.au/buslaw/aef/workingpapers/papers/2006_20eco.pdf
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Bibliographic Info

Paper provided by Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance in its series Economics Series with number 2006_20.

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Date of creation: 29 Oct 2006
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Handle: RePEc:dkn:econwp:eco_2006_20

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Keywords: Meta-analysis; Publication selection bias; Meta-regression analysis; Precision; Funnel graphs;

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  1. Orley Ashenfelter & Colm Harmon & Hessel Oosterbeek, 2000. "A Review of Estimates of the Schooling/Earnings Relationship, with Tests for Publication Bias," NBER Working Papers 7457, National Bureau of Economic Research, Inc.
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  6. Chris Doucouliagos & Patrice Laroche, 2007. "Unions and Profitability: A Meta-Analysis," Economics Series 2007_01, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance.
  7. Jasper M. Dalhuisen & Raymond J. G. M. Florax & JHenri L. F. de Groot & Peter Nijkamp, 2003. "Price and Income Elasticities of Residential Water Demand: A Meta-Analysis," Land Economics, University of Wisconsin Press, vol. 79(2), pages 292-308.
  8. Maria Abreu & Henri L.F. de Groot & Raymond J.G.M. Florax, 2005. "A Meta-Analysis of Beta-Convergence: The Legendary Two-Percent," Tinbergen Institute Discussion Papers 05-001/3, Tinbergen Institute.
  9. repec:fth:prinin:425 is not listed on IDEAS
  10. T. D. Stanley, 2005. "Integrating the Empirical Tests of the Natural Rate Hypothesis: A Meta-Regression Analysis," Kyklos, Wiley Blackwell, vol. 58(4), pages 611-634, November.
  11. Rose, Andrew K, 2003. "A Meta-Analysis of the Effect of Common Currencies on International Trade," CEPR Discussion Papers 4341, C.E.P.R. Discussion Papers.
  12. J. Bradford De Long & Kevin Lang, . "Are All Economic Hypotheses False?," J. Bradford De Long's Working Papers _117, University of California at Berkeley, Economics Department.
  13. Laroche, P., 2000. "What do Unions do to Productivity? A Meta-Analysis," Papers 2000-5, Groupe de recherche en économie financière et en gestion des entreprises, Universite Nancy 2.
  14. T. D. Stanley, 2005. "Beyond Publication Bias," Journal of Economic Surveys, Wiley Blackwell, vol. 19(3), pages 309-345, 07.
  15. Gorg, Holger & Strobl, Eric, 2001. "Multinational Companies and Productivity Spillovers: A Meta-analysis," Economic Journal, Royal Economic Society, vol. 111(475), pages F723-39, November.
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