Quantitative, Non-Experimental Approaches to the Microeconomic Evaluation of Public Policy Measures - A Survey
AbstractThe 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 InfoPaper 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.
Length: 13 pages
Date of creation: Oct 2005
Date of revision:
Find related papers by JEL classification:
- H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
- O22 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis
- O38 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Government Policy
- O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
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- Engel, Dirk & Keilbach, Max, 2007.
"Firm-level implications of early stage venture capital investment -- An empirical investigation,"
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Elsevier, vol. 14(2), pages 150-167, March.
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