From Retraction Watch:
The Journal of Economic Perspectives has published a second correction for a 2009 paper that argued that some amount of global warming could lead to economic gains. ...
After the first correction was published, several people contacted the JEP to point out more issues with the paper. Editors worked with [Richard] Tol and outside researchers to update the paper again. ...
The latest correction probably wouldn’t be the end of the argument. In the final section of the latest correction, the JEP has provided an index of methods and materials in anticipation of further debate:
For a list of studies that were included, what methods were used in these studies, what economic sectors were covered, and the like, we would point interested readers to the “Supplementary Material” table for Chapter 10. The full report, Chapter 10, and the Supplementary Material are all available at http://www.ipcc.ch/report/ar5/wg2/. Controversy over these estimates seems likely to continue. We recommend that readers interested in these questions use the figure and data from the IPCC report as their starting point.
When asked for a statement on the latest correction, Tol offered a brief response.
I am grateful to the editors for their constructive attitude in a painful episode.
Readers may also want to look at the latest assessment here: https://ideas.repec.org/p/sus/susewp/7515.html
The paper has been cited 133 times, according to Thomson Scientific’s Web of Knowledge.
I'm dreading when a painful episode happens to me.
