The Journal of Economic History · 2024 · Andreas Ferrara、Joung Yeob Ha、Randall Walsh
中文摘要
本文展示如何利用一个可从数字化报纸中便捷生成的辅助测度,消除回归分析中因特定关注变量的历史数据存在测量误差而导致的衰减偏误。我们提供三种利用该辅助变量处理二元处理变量中非经典测量误差的方法:集合识别、通过样本限制降低偏误,以及参数化偏误修正。我们通过复现四篇近期的经济史论文来展示这些方法的实用性。相对于初始分析,我们的结果得到明显更大的系数估计值。
Abstract
This paper shows how to remove attenuation bias in regression analyses due to measurement error in historical data for a given variable of interest by using a secondary measure that can be easily generated from digitized newspapers. We provide three methods for using this secondary variable to deal with non-classical measurement error in a binary treatment: set identification, bias reduction via sample restriction, and a parametric bias correction. We demonstrate the usefulness of our methods by replicating four recent economic history papers. Relative to the initial analyses, our results yield markedly larger coefficient estimates.