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An overview of meta-analytic methods for economic research

Amin Haghnejad, Mahboobeh Farahati

arXiv 13 Dec 2024 · Econometrics

arXiv:2412.10608 · PDF · DOI · OpenAlex · Extracted main text

Abstract

Meta-analysis employs statistical techniques to synthesize the results of individual studies, providing an estimate of the overall effect size for a specific outcome of interest. The direction and magnitude of this estimate, along with its confidence interval, offer valuable insights into the underlying phenomenon or relationship. As an extension of standard meta-analysis, meta-regression analysis incorporates multiple moderators -- capturing key study characteristics -- into the model to explain heterogeneity in true effect sizes across studies. This study provides a comprehensive overview of meta-analytic procedures tailored to economic research, addressing key challenges such as between-study heterogeneity, publication bias, and effect size dependence. It equips researchers with essential tools and insights to conduct rigorous and informative meta-analyses in economics and related fields.

Citation extraction

216
references
413
in-text mentions
216
distinct cited
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self-citations
21,199
main-text words

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Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Borenstein, M., Hedges, L. V., Higgins, J. P., & Rothstein, H. R (2021) Introduction to Meta-Analysis1.000125100%
2Hox, J. J., Moerbeek, M., & Van de Schoot, R (2010) Multilevel analysis: Techniques and applications1.00073100%
3Egger, M., Smith, G. D., Schneider, M., & Minder, C (1997) Bias in meta-analysis detected by a simple, graphical test0.87452100%
4Stanley, T. D., Doucouliagos, H., & Ioannidis, J. P. A (2017) Finding the power to reduce publication bias0.87452100%
5Greene, W. H (2012) Econometric analysis0.84333100%
6Higgins, J., & Thompson, S. G (2004) Controlling the risk of spurious findings from meta-regression0.81142100%
7Stanley, T. D., & Doucouliagos, H (2012) Meta-regression analysis in economics and business0.81142100%
8Thompson, S. G., & Sharp, S. J (1999) Explaining heterogeneity in meta-analysis: A comparison of methods0.81142100%
9Hedges, L. V., & Olkin, I (1985) Statistical methods for meta-analysis0.73732100%
10Lipsey, M. W., & Wilson, D. B (2001) Practical Meta-Analysis0.73732100%

Showing the top 10 of 216 scored citations.