For the first essay, the outline is included at “Data Analysis guidelines” and the data used is included at “chineseaidafrica.dta” and “donations.dta”.You can find them at additional files. It need around 1500 words and around 5 references .Also in the appendix please include your STATA do file used to answer ALL the questions in the analysis of the two datasets provided. It is really important. The guidelines provided is really long and please be careful to read it.
For the second essays,the guidelines are included at “Second essay guidelines”, it also requires you to use STATA. It is compulsory to include in appendix the stata do file used for econometric analysis and graphs in case these were also done in stata. It requires 2500 words and 20 to 22 references. The topic I choose is “To what extent are foreign donors self-interested giving aid to countries they can extract benefits from?”
The DATA and REFERENCES you will use is in the PAGE 7 in the “Second essay guidelines”, also, you can find more data from PAGE 8 TO PAGE 11,there are some useful links.
It requires to write an Empirical essay.
The format is like this.
Empirical essays analyse data from a developing country (countries) using econometric methods with the aim of gaining knowledge on an important research question. These essays will be assed based on the quality of arguments and method presented, and not on whether the results presented support the hypothesis being tested.
Typical structure of an empirical essay
Insert assessment feedback for second essay with your id and user name. Submit in Word version only.
1. Introduction This section describes the question you want to address empirically, and why is important for the developing word. This is not the place to do an extensive literature review nor describe in detail your results. However this section needs to very broadly describe the hypotheses you will test, the data used and results. Also briefly explain your contributions. Is it new data not previously analysed? Are you answering a question more broadly/specifically? If your analysis is inconclusive, it is fine, as long as you are clear about it, and why you think found no evidence.
2. Literature Review This section should discuss and critically review previous research that is directly relevant to your essay. You can refer to empirical or theoretical research. Discuss what can we learn from these previous studies, what are the shortcomings.
Depending on your essay topic you might also include here a subsection of historical background/setting of problem you are assessing.
3. Hypotheses to test In this section you want to discuss the hypotheses that you are going to empirically test based on the literature review. Provide a rational of why you are testing these hypotheses and what predictions you think are based on previous literature. (A good example of this section is the article by Acemoglu et al. read in Topic 7)
4. Data description This section should be in two parts. The first part should describe the name and source of the data you are using and the period it covers.
Describe whether you have a panel, cross section or time series, what the unit of observation is and how many observations you have. Discuss limitations of the data such as missing variables, small number of observations, etc.
The second part should present (relevant) descriptive statistics of the data. So present a table with means and standard deviations for the variables you will be using in the analysis (dependent and independent variables). The names of the variables should be clear.
If possible present scatter plot about the main relationships you are testing.
5. Econometric Model This section consists of two parts. First, you should write out the basic econometric specification and explain how this model will help you test your hypotheses. Discuss whether you are using basic OLS, IV, etc. and why this is appropriate.
Second, present your results. Interpret the meaning of the regression coefficients, and whether they confirm your stated hypotheses and why it might be important for the development literature.
Tips on interpreting results:
-Your results tables should state your dependent variable and control variables. Report standard errors. Look at the do file we did in our stata seminar.
-Discuss the most interesting and important estimates. Are the parameter estimates are statistically significant, what is the sign? Do these estimates support your hypotheses?
-If you don’t get significance suggest why that might have the case. Do you have enough data?
-Interpret the magnitude of your parameter estimates in a meaningful way. “we find that b=0.10, so that increasing X by one unit increases y by 0.10..”.
-Compare your results to previous research. Why your results may differ from past research.
6. Conclusions Summarize your findings and point out limitations of the results and possible extensions. This is a good place to speculate in a more casual manner about the implications of your results.
7. References List the full references used, including any replication data you might have used from a previously published article. You can use either Harvard or Chicago referencing system.
8. Appendix It is compulsory to include in appendix the stata do file used for econometric analysis and graphs in case these were also done in stata.