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Quantitative, Non-Experimental Approaches to the Microeconomic Evaluation of Public Policy Measures - A Survey

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  • Max Keilbach

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Abstract

The objective of evaluating public policy measures is to assess its implications and thus to obtain a measure for weather the respective program has been successful. In this paper, we consider and classify microeconomic and microeconometric approaches to measuring this success. To do so, the evaluation problem is outlined and three estimation priciples are presented. For each of these, underlying assumptions are identified and the consequences of their violation discussed.

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Bibliographic Info

Paper provided by Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group in its series Papers on Entrepreneurship, Growth and Public Policy with number 2005-30.

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Length: 13 pages
Date of creation: Oct 2005
Date of revision:
Handle: RePEc:esi:egpdis:2005-30

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Keywords: Evuluation Methods; Public Policy Measures; Microeconometrics;

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Cited by:
  1. Keilbach, Max & Engel, Dirk, 2002. "Firm Level Implications of Early Stage Venture Capital Investment: An Empirical Investigation," ZEW Discussion Papers 02-82, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.

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