Recommendations On How To Write Economics Research Paper
Students will find that writing an economics paper is not a piece of cake; like any academic work, there are rules, and chances are the students aren’t familiar with all of them. This is why working with international economics data is such a hassle. However, there are a few tips and tricks that can help you write a research paper for economics quickly and efficiently.
Pay attention to the ideas
The very first thing you need to do is conduct a thorough reading of all the available literature and then create a summary of the important findings as well as the empirical methodology and data used. Now, it’s time to write a literature review. Every research paper for economics needs one, and here’s how to go about the process:
The literature review should always be 3-4 pages in length.
- It needs to be centered on ideas, rather than focusing on individual papers.
- Economics is a vast subject with numerous topics. You need to choose a particular topic of choice, and see how different papers have linked to this topic.
- When you’re focusing on a couple of major ideas, you get a clearer view of what was missing in the available literature and how you’re able to contribute.
- What can you bring to the table?
You always have to explain your contribution. Depending upon the literature review, take a couple of paragraphs to explain clearly to your readers what you intend to do with the data. Offer a good and solid reason on why this is important and novel, and the way it pertains to the literature. It is always important to convince your readers that what you’re going to do in your paper is going to be fresh and tackle the subject from a new perspective.
Understanding the available literature
You need to make two separate tables.
- In the first table, present a list of variables that have been used in the analysis, along with their sources, their definitions, and their coverage in terms of years and countries.
- The second table is used for statistics summaries – the standard deviation, the mean, the minimum, and the maximum for every variable. Moreover, you need to include variable correlations alongside an indicator of statistical significance for every pair-wise correlation coefficient.
- Consult the data present in these two tables and then describe accurately all the observations you can use regarding the number of countries and years, including outliers (if any), the validity of the correlations. Your primary objective should be an empirical analysis using data you understand. You should never run regressions without initially ensuring your data is clean and makes the most sense.
Writing the first draft
Once you’re thoroughly satisfied that you’ve got robust and interesting empirical results, you need to start putting your paper together. Start with the introduction to explain what you’re doing and the way it relates to the literature. Your contribution needs to be spelled out clearly on the very first page. The next part should be a description of your data, followed by the empirical approach, the description of the results, and the conclusion. Finally, you must include a list of references in a consistent citation style. In the end, you could place a few appendix tables along with figures. The tables with results ends your paper.