{"title":"Selective reporting of placebo tests in top economics journals","authors":"Anna Dreber, Magnus Johannesson, Yifan Yang","doi":"10.1111/ecin.13217","DOIUrl":null,"url":null,"abstract":"<p>Placebo tests provide incentives to underreport statistically significant tests, a form of reversed p-hacking. We test for such underreporting in 11 top economics journals between 2009 and 2021 based on a pre-registered analysis plan. If the null hypothesis is true in all tests, 2.5% of them should be significant at the 5% level with an effect in the same direction as the main test (and 5% in total). The actual fraction of statistically significant placebo tests with an effect in the same direction is 1.29% (95% CI [0.83, 1.63]), and the overall fraction of statistically significant placebo tests is 3.10% (95% CI [2.2, 4.0]).</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 3","pages":"921-932"},"PeriodicalIF":1.7000,"publicationDate":"2024-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.13217","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economic Inquiry","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/ecin.13217","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Placebo tests provide incentives to underreport statistically significant tests, a form of reversed p-hacking. We test for such underreporting in 11 top economics journals between 2009 and 2021 based on a pre-registered analysis plan. If the null hypothesis is true in all tests, 2.5% of them should be significant at the 5% level with an effect in the same direction as the main test (and 5% in total). The actual fraction of statistically significant placebo tests with an effect in the same direction is 1.29% (95% CI [0.83, 1.63]), and the overall fraction of statistically significant placebo tests is 3.10% (95% CI [2.2, 4.0]).
期刊介绍:
Published since 1962, (formerly Western Economic Journal), EI is widely regarded as one of the top scholarly journals in its field. Besides containing research on all economics topic areas, a principal objective is to make each article understandable to economists who are not necessarily specialists in the article topic area. Nine Nobel laureates are among EI long list of prestigious authors.