A review paper is the one that simply appraises already published articles.  It does not contain any primary research.

Advantages of such studies include:

• Since no primary data collection and analysis is involved, it is simpler and faster to write a review paper than an empirical one.
• Flexibility in length. A review study can be presented anywhere between 1500 and 8000 words.
• The presentation of arguments is possible in the review paper.

Critical disadvantages include:

• Empirical evidence can be unavailable if it is an unpopular topic.
• It can be hard to convince publishers of the novelty of your research if the data is not presented robustly.
• There are limited options for analyzing and presenting the review. Some of these are critical reviews and a systematic review.
• Review papers lack originality as compared to empirical studies.
• Review studies do not involve hypothesis testing.

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Priya Chetty

Partner at Project Guru

Priya is a master in business administration with majors in marketing and finance. She is fluent with data modelling, time series analysis, various regression models, forecasting and interpretation of the data. She has assisted data scientists, corporates, scholars in the field of finance, banking, economics and marketing.

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