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The rise of quantitative work in economics

The evolution of economic journals from 1940 to 2010 reflects a growing reliance on quantitative methods, driven by the increasing availability of data and the need for research to address complex economic challenges. This study analyses trends in the use of equations, figures, and tables across fiv...

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Main Author: Makhathini, Sbongakonke Sandisiwe
Other Authors: Georg, Co-Pierre
Format: Thesis
Language:English
English
Published: School of Economics 2026
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access_status_str Open Access
author Makhathini, Sbongakonke Sandisiwe
author2 Georg, Co-Pierre
author_browse Georg, Co-Pierre
Makhathini, Sbongakonke Sandisiwe
author_facet Georg, Co-Pierre
Makhathini, Sbongakonke Sandisiwe
author_sort Makhathini, Sbongakonke Sandisiwe
collection Thesis
description The evolution of economic journals from 1940 to 2010 reflects a growing reliance on quantitative methods, driven by the increasing availability of data and the need for research to address complex economic challenges. This study analyses trends in the use of equations, figures, and tables across five leading economics journals—American Economic Review, Econometrica, Journal of Political Economy, Quarterly Journal of Economics, and Review of Economic Studies—to investigate the empirical turn in economics. Regression analysis reveals significant increases in the use of quantitative methods over time, with z-scores identifying critical periods of change. These shifts are influenced by editorial mandates, historical economic events, and technological advancements. The findings underscore the methodological transformation of economics and its implications for the discipline's engagement with empirical and policy-relevant questions.
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institution University of Cape Town (South Africa)
language English
eng
last_indexed 2026-07-01T04:02:46.616Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2026
publishDateRange 2026
publishDateSort 2026
publisher School of Economics
publisherStr School of Economics
record_format dspace
source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/43405 The rise of quantitative work in economics Makhathini, Sbongakonke Sandisiwe Georg, Co-Pierre economic journals quantitative methods The evolution of economic journals from 1940 to 2010 reflects a growing reliance on quantitative methods, driven by the increasing availability of data and the need for research to address complex economic challenges. This study analyses trends in the use of equations, figures, and tables across five leading economics journals—American Economic Review, Econometrica, Journal of Political Economy, Quarterly Journal of Economics, and Review of Economic Studies—to investigate the empirical turn in economics. Regression analysis reveals significant increases in the use of quantitative methods over time, with z-scores identifying critical periods of change. These shifts are influenced by editorial mandates, historical economic events, and technological advancements. The findings underscore the methodological transformation of economics and its implications for the discipline's engagement with empirical and policy-relevant questions. 2026-06-26T13:15:11Z 2026-06-26T13:15:11Z 2026 2026-06-26T12:40:58Z Thesis / Dissertation Masters MPhil http://hdl.handle.net/11427/43405 en eng application/pdf School of Economics Faculty of Commerce University of Cape Town
spellingShingle economic journals
quantitative methods
Makhathini, Sbongakonke Sandisiwe
The rise of quantitative work in economics
thesis_degree_str Master's
title The rise of quantitative work in economics
title_full The rise of quantitative work in economics
title_fullStr The rise of quantitative work in economics
title_full_unstemmed The rise of quantitative work in economics
title_short The rise of quantitative work in economics
title_sort rise of quantitative work in economics
topic economic journals
quantitative methods
url http://hdl.handle.net/11427/43405
work_keys_str_mv AT makhathinisbongakonkesandisiwe theriseofquantitativeworkineconomics
AT makhathinisbongakonkesandisiwe riseofquantitativeworkineconomics