Article,

Reproducible research in computational economics: guidelines, integrated approaches, and open source software

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Computational Economics, 30 (1): 19--40 (August 2007)

Abstract

Abstract  Traditionally, computer and software applications have been used by economists to off-load otherwise complex or tedious tasks onto technology, freeing up time and intellect to address other, intellectually more rewarding, aspects of research. On thenegative side, this increasing dependence on computers has resulted in research that has become increasingly difficult toreplicate. In this paper, we propose some basic standards to improve the production and reporting of computational resultsin economics for the purpose of accuracy and reproducibility. In particular, we make recommendations on four aspects of theprocess: computational practice, published reporting, supporting documentation, and visualization. Also, we reflect on currentdevelopments in the practice of computing and visualization, such as integrated dynamic electronic documents, distributedcomputing systems, open source software, and their potential usefulness in making computational and empirical research ineconomics more easily reproducible.

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