The dynamics of irrotational shallow water wave turbulence forced at large scales and dissipated at small scales is investigated. First, we derive the shallow water analogue of the 'four-fifths law' of Kolmogorov turbulence for a third-order structure function involving velocity and displacement increments. Using this relation and assuming that the flow is dominated by shocks, we develop a simple model predicting that the shock amplitude scales as (epsilon d)(1/3), where epsilon is the mean dissipation rate and d the mean distance between the shocks, and that the pth-order displacement and velocity structure functions scale as (epsilon d)(p/3) r/d, where r is the separation. Then we carry out a series of forced simulations with resolutions up to 76802, varying the Froude number, F-f = (epsilon L-f)(1/3)/c, where L-f is the forcing length scale and c is the wave speed. In all simulations a stationary state is reached in which there is a constant spectral energy flux and equipartition between kinetic and potential energy in the constant flux range. The third-order structure function relation is satisfied with a high degree of accuracy. Mean energy is found to scale approximately as E similar to root epsilon L(f)c, and is also dependent on resolution, indicating that shallow water wave turbulence does not fit into the paradigm of a Richardson-Kolmogorov cascade. In all simulations shocks develop, displayed as long thin bands of negative divergence in flow visualisations. The mean distance between the shocks is found to scale as d similar to F-f(1/2) L-f. Structure functions of second and higher order are found to scale in good agreement with the model. We conclude that in the weak limit, F-f -> 0, shocks will become denser and weaker and finally disappear for a finite Reynolds number. On the other hand, for a given F-f, no matter how small, shocks will prevail if the Reynolds number is sufficiently large.