IDEAS home Printed from https://ideas.repec.org/a/bpj/econoa/v17y2023i1p7n1.html
   My bibliography  Save this article

A Replication of “The Effect of the Conservation Reserve Program on Rural Economies: Deriving a Statistical Verdict from a Null Finding” (American Journal of Agricultural Economics, 2019)

Author

Listed:
  • Tian Jiarui (Alex)

    (Department of Economics and Finance, University of Canterbury, Christchurch, New Zealand)

Abstract

This study replicates the paper “Brown, J. P., Lambert, D. M., & Wojan, T. R. (2019). The effect of the conservation reserve program on rural economies: deriving a statistical verdict from a null finding. American Journal of Agricultural Economics, 101(2), 528–540” and their procedure for calculating the so-called ex post power of statistical tests of significance for regression coefficients. There appears no generally accepted method for calculating ex post power, and Brown, Lambert, and Wojan (BLW) provided a bootstrapping method that can be applied after the parameter of interest is estimated. They recommend researchers to use this procedure to investigate whether a statistically insignificant finding is likely to be due to a low power property of the significance test. This study makes two main contributions. First, it verifies whether the data and code that BLW provided are reliable to reproduce their results. Second, it constructs Monte Carlo experiments to assess the performance of BLW’s method. The results indicate that their method produces ex post power estimates that are relatively close to the true power values. Mean power estimates are generally unbiased, and 95% of the estimates lie within +/− 5% points of the true power. In conclusion, my replication provides further evidence of the reliability of BLW’s method.

Suggested Citation

  • Tian Jiarui (Alex), 2023. "A Replication of “The Effect of the Conservation Reserve Program on Rural Economies: Deriving a Statistical Verdict from a Null Finding” (American Journal of Agricultural Economics, 2019)," Economics - The Open-Access, Open-Assessment Journal, De Gruyter, vol. 17(1), pages 1-7, January.
    • Handle: RePEc:bpj:econoa:v:17:y:2023:i:1:p:7:n:1
    DOI: 10.1515/econ-2022-0036
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/econ-2022-0036
    Download Restriction: no
    File URL: https://libkey.io/10.1515/econ-2022-0036?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Jason P Brown & Dayton M Lambert & Timothy R Wojan, 2019. "The Effect of the Conservation Reserve Program on Rural Economies: Deriving a Statistical Verdict from a Null Finding," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 101(2), pages 528-540.
    2. Hoenig J. M. & Heisey D. M., 2001. "The Abuse of Power: The Pervasive Fallacy of Power Calculations for Data Analysis," The American Statistician, American Statistical Association, vol. 55, pages 19-24, February.
    3. Paige Marta Skiba & Jeremy Tobacman, 2019. "Do Payday Loans Cause Bankruptcy?," Journal of Law and Economics, University of Chicago Press, vol. 62(3), pages 485-519.
    4. John P. A. Ioannidis & T. D. Stanley & Hristos Doucouliagos, 2017. "The Power of Bias in Economics Research," Economic Journal, Royal Economic Society, vol. 127(605), pages 236-265, October.
    5. Sullivan, Patrick & Hellerstein, Daniel & Hansen, LeRoy T. & Johansson, Robert C. & Koenig, Steven R. & Lubowski, Ruben N. & McBride, William D. & McGranahan, David A. & Roberts, Michael J. & Vogel, S, 2004. "The Conservation Reserve Program: Economic Implications for Rural America," Agricultural Economic Reports 33987, United States Department of Agriculture, Economic Research Service.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jiarui Tian, 2021. "A Replication of “The effect of the conservation reserve program on rural economies: Deriving a statistical verdict from a null finding” (American Journal of Agricultural Economics, 2019)," Working Papers in Economics 21/12, University of Canterbury, Department of Economics and Finance.
    2. Srabashi Ray & Thomas W. Hertel, 2025. "Effectiveness and Distributional Impacts of Conservation Policies: The Role of Labor Markets," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 88(5), pages 1147-1193, May.
    3. Mykel R. Taylor & Nathan P. Hendricks & Gabriel S. Sampson & Dillon Garr, 2021. "The Opportunity Cost of the Conservation Reserve Program: A Kansas Land Example," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 43(2), pages 849-865, June.
    4. Leah H. Palm-Forster & Paul J. Ferraro & Nicholas Janusch & Christian A. Vossler & Kent D. Messer, 2019. "Behavioral and Experimental Agri-Environmental Research: Methodological Challenges, Literature Gaps, and Recommendations," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(3), pages 719-742, July.
    5. Holla,Alaka & Bendini,Maria Magdalena & Dinarte Diaz,Lelys Ileana & Trako,Iva, 2021. "Is Investment in Preprimary Education Too Low ? Lessons from (Quasi) ExperimentalEvidence across Countries," Policy Research Working Paper Series 9723, The World Bank.
    6. Jennifer Elena Feichtmayer & Klaus Gründler, 2021. "Global Evidence on Misperceptions and Preferences for Redistribution," CESifo Working Paper Series 9381, CESifo.
    7. Daniel Bjorkegren & Joshua Blumenstock & Omowunmi Folajimi-Senjobi & Jacqueline Mauro & Suraj R. Nair, 2022. "Instant Loans Can Lift Subjective Well-Being: A Randomized Evaluation of Digital Credit in Nigeria," Papers 2202.13540, arXiv.org.
    8. Anna Sokolova, 2023. "Marginal Propensity to Consume and Unemployment: a Meta-analysis," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 813-846, December.
    9. Dominika Ehrenbergerová & Martin Hodula & Zuzana Gric, 2022. "Does capital-based regulation affect bank pricing policy?," Journal of Regulatory Economics, Springer, vol. 61(2), pages 135-167, April.
    10. Assogba, Noel Perceval & Zhang, Daowei, 2022. "The conservation reserve program and timber prices in the southern United States," Forest Policy and Economics, Elsevier, vol. 140(C).
    11. Neves, Pedro Cunha & Afonso, Oscar & Silva, Diana & Sochirca, Elena, 2021. "The link between intellectual property rights, innovation, and growth: A meta-analysis," Economic Modelling, Elsevier, vol. 97(C), pages 196-209.
    12. Vigren, Andreas & Pyddoke, Roger, 2020. "The impact on bus ridership of passenger incentive contracts in public transport," Transportation Research Part A: Policy and Practice, Elsevier, vol. 135(C), pages 144-159.
    13. Gechert, Sebastian & Heimberger, Philipp, 2022. "Do corporate tax cuts boost economic growth?," European Economic Review, Elsevier, vol. 147(C).
    14. Jennifer M. Alix-Garcia & Elizabeth N. Shapiro & Katharine R. E. Sims, 2012. "Forest Conservation and Slippage: Evidence from Mexico’s National Payments for Ecosystem Services Program," Land Economics, University of Wisconsin Press, vol. 88(4), pages 613-638.
    15. Dimos, Christos & Pugh, Geoff & Hisarciklilar, Mehtap & Talam, Ema & Jackson, Ian, 2022. "The relative effectiveness of R&D tax credits and R&D subsidies: A comparative meta-regression analysis," Technovation, Elsevier, vol. 115(C).
    16. Mattia Filomena & Matteo Picchio, 2023. "Retirement and health outcomes in a meta‐analytical framework," Journal of Economic Surveys, Wiley Blackwell, vol. 37(4), pages 1120-1155, September.
    17. Giulia Bettin & Claudia Pigini & Alberto Zazzaro, 2023. "Lifting You up or Dragging You Down? The Role of Financial Inclusion in Poverty Transitions Among Italian Households," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 69(3), pages 606-639, September.
    18. Carroll, James & Denny, Eleanor & Lyons, Ronan C. & Petrov, Ivan, 2024. "Better energy cost information changes household property investment decisions: Evidence from a nationwide experiment," Energy Economics, Elsevier, vol. 139(C).
    19. Wilson, Joshua & Thilmany, Dawn D., 2005. "Exploring Spillover Effect of Public Investments in Conservation Programs onto Agritourism," 2005 Annual meeting, July 24-27, Providence, RI 19189, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    20. Nelson, Jon Paul, 2020. "Fixed-effect versus random-effects meta-analysis in economics: A study of pass-through rates for alcohol beverage excise taxes," Economics Discussion Papers 2020-1, Kiel Institute for the World Economy (IfW Kiel).

    More about this item

    Keywords

    ex post power; statistical insignificance; Monte Carlo experiments; bootstrapping; replication;
    All these keywords.

    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
    • C18 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Methodolical Issues: General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:econoa:v:17:y:2023:i:1:p:7:n:1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.