AI summary · arXiv: 2501.06873v2 · econ.GN

Causal Claims in Economics

Prashant Garg, Thiemo Fetzer

Original paper · DOI Submitted to arXiv on 12 Jan. 2025 Data, code, prompts, and workflow documentation are publicly available at our GitHub repository: https://github.com/prashgarg/CausalClaimsInEconomics License: CC BY 4.0

The essentials

  • The volume of scholarly work in economics is continuously expanding due to working-paper repositories and advancements in machine-learning tools.
  • Challenges now involve organizing and interpreting vast bodies of literature, deciphering claims, identifying innovations, and understanding how incentives influence evidence production.
  • A novel solution proposed is paper-level claim graphs that map papers into a directed network of standardized economic concepts linked by relationships with evidentiary support annotations.
  • Claim graphs enable scalable comparison, aggregation, and analysis across documents by distilling core arguments in a consistent format.
  • They have the potential to enhance organization, comparison, and analysis of literature in economics and other fields like evidence synthesis and structured search.
  • Claim graphs bridge three strands of literature by complementing the "credibility revolution," tracking methodological evolution, and understanding diffusion of quasi-experimental styles within economics.

Key points written by AI: they may contain errors, check them against the paper.

AI-generated keywords: Economics research Scholarly communication Claim graphs Evidence synthesis Credibility revolution

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In the realm of economics research, the volume of scholarly work being produced and consumed is continuously expanding. With the proliferation of working-paper repositories and advancements in machine-learning tools such as large language models (LLMs), the process of drafting and revising manuscripts has become more efficient [Ludwig et al., 2025, Humlum and Vestergaard, 2025, Feyzollahi and Rafizadeh, 2025]. However, as the output of economic research grows, the challenge shifts from generating papers to organizing and interpreting vast bodies of literature. This involves deciphering what each paper claims and how these claims interconnect to form mechanisms. It also requires identifying genuine innovations and understanding how incentives influence the production and dissemination of evidence. While there have been advancements in technology that aid in this process, such as LLMs for drafting and revising manuscripts, the primary mode of scholarly communication still relies on narrative prose. Claims are articulated in diverse languages and spread across various sections within papers. This makes it challenging to systematically compare them when manual synthesis is impractical. To address this issue, a novel solution is proposed in the form of paper-level claim graphs. These structured representations map each paper into a directed network comprising standardized economic concepts linked by stated relationships. Nodes correspond to economic concepts aligned with a common ontology (JEL codes), while edges represent connections between source and sink concepts as articulated by authors. Importantly, these edges are annotated with information regarding evidentiary support – whether a relationship is backed by credible causal inference designs or relies on theoretical reasoning, descriptive evidence or correlational analysis. By distilling papers down to their core arguments in a consistent format that can be compared across documents, claim graphs enable scalable comparison, aggregation and analysis. The introduction of this standardized representation holds promise for facilitating various applications beyond those explored in this study. For instance, it could support evidence synthesis at the claim level across different literatures; facilitate structured search and discovery by linking questions, concepts and evidentiary support; as well as provide foundational elements for tracing how research claims are summarized and reframed in policy discussions or media discourse. This innovative approach bridges three distinct strands of literature that are typically studied independently: it complements existing work on the "credibility revolution" within economics by documenting the increasing use of quasi-experimental and experimental designs for empirical identification; it aligns with accounts tracking methodological evolution over time; and it contributes to understanding how quasi-experimental styles have diffused across subfields within economics. In summary, the use of claim graphs in economics research has the potential to greatly enhance our ability to organize, compare, and analyze vast bodies of literature. It also has implications for other fields beyond economics, such as evidence synthesis and structured search. By focusing on measuring causality at the level of relationships rather than broad methodological tags or topic classifications commonly used in previous approaches, claim graphs offer a more nuanced and comprehensive understanding of economic research.

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