Is There a Cult of Statistical Significance in Agricultural Economics?

• McCloskey and Ziliak analyzed two decades of econometric practice in the American Economic Review (AER). We review the arguments and develop a questionnaire, applying it to three Agricultural Economics journals and the AER. Statistical practice improved over time, but a greater focus on economic significance is still needed. Considering the power of tests and discussing the economic consequences of type I and type II error were rarely practiced. The AER and the American Journal of Agricultural Economics did not substantially differ in their performance. We discuss examples of statistical practice and conclude with implications for the publication process and teaching.

Ämnesord

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)

SOCIAL SCIENCES  -- Economics and Business -- Economics (hsv//eng)

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv -- Ekonomisk historia (hsv//swe)

SOCIAL SCIENCES  -- Economics and Business -- Economic History (hsv//eng)

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