Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/120449 
Year of Publication: 
2014
Series/Report no.: 
IES Working Paper No. 29/2014
Publisher: 
Charles University in Prague, Institute of Economic Studies (IES), Prague
Abstract: 
We examine potential selective reporting in the literature on the social cost of carbon (SCC) by conducting a meta-analysis of 809 estimates of the SCC reported in 101 studies. Our results indicate that estimates for which the 95% confidence interval includes zero are less likely to be reported than estimates excluding negative values of the SCC, which creates an upward bias in the literature. The evidence for selective reporting is stronger for studies published in peer-reviewed journals than for unpublished papers. We show that the findings are not driven by the asymmetry of confidence intervals surrounding the SCC and are robust to controlling for various characteristics of study design and to alternative definitions of confidence intervals. Our estimates of the mean reported SCC corrected for the selective reporting bias are imprecise and range between 0 and 130 USD per ton of carbon in 2010 prices for emission year 2015.
Subjects: 
social cost of carbon
climate policy
integrated assessment models
meta-analysis
selective reporting
publication bias
JEL: 
C83
Q54
Document Type: 
Working Paper

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