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The relatives are fine: use of qualitative firm data in economic analysis

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  • Richard Fabling
  • Arthur Grimes
  • Philip Stevens

Abstract

We use qualitative and quantitative data for the same firms to examine the robustness of firms' qualitative responses regarding their performance. In contrast to some prior studies, firms accurately respond to qualitative questions regarding productivity and profitability relative to other firms. One reason for this accuracy is that the qualitative response options specifically include a don't know category that reduces misreporting and bias.

Suggested Citation

  • Richard Fabling & Arthur Grimes & Philip Stevens, 2012. "The relatives are fine: use of qualitative firm data in economic analysis," Applied Economics Letters, Taylor & Francis Journals, vol. 19(7), pages 615-618, May.
    • Handle: RePEc:taf:apeclt:v:19:y:2012:i:7:p:615-618
    DOI: 10.1080/13504851.2011.591722
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    Cited by:

    1. Mok, Penny & Mason, Geoff & Stevens, Philip & Timmins, Jason, 2012. "A Good Worker is Hard to Find: Skills Shortages in New Zealand Firms," Occasional Papers 12/5, Ministry of Economic Development, New Zealand.
    2. Parker, Miles, 2016. "How exporters set prices: evidence from a large behavioural survey," Working Paper Series 1974, European Central Bank.
    3. Lynda Sanderson, 2024. "Born in bad times: Economic conditions, selection and employment," Working Papers 2024/01, New Zealand Productivity Commission.

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