Record Details

Regression Discontinous Design as Policy Assessment Tool - Problems and Possibilities

Research Journal of Economics, Business and ICT

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Field Value
 
Title Regression Discontinous Design as Policy Assessment Tool - Problems and Possibilities
 
Creator Cadil, Jan; Unicorn College, Prague
Hartman, David; Unicorn College, Prague
Hajek, Petr; Unicorn College, Prague
 
Subject —
Regression Discontinous Design , Propensity Score Matching , Contrafactual Impact Analysis ,Cohesion Policy
C40
 
Description The contemporary economic policy is using variety of tools. Some of them focus on support of chosen groups of agents. This is the case of EU policies, namely the Cohesion Policy. Therefore it is necessary to analyze the impact of such support on affected groups. One of the widely used analytical tools is Regression Discontinous Design (RDD). European Union has started to utilize the RDD  in combination with Propensity Score Matching (PSM) quite recently and is trying to use this tool as a basic method for Contrafactual Impact Analysis (CIA). Although the RDD is a sophisticated and well documented method its application might be quite difficult. We face standard problems related to this method like the proper groups matching but regarding the Cohesion Policy we face some new problems as well. One of the most serious ones is the issue of different regional price levels which  affects the assessment process and should be dealt with. Otherwise we could get spurious results.
 
Publisher English Time Schools & Overseas Education
 
Contributor —
 
Date 2011-06-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://ojs.journals.cz/index.php/RJEBI/article/view/189
 
Source Research Journal of Economics, Business and ICT; Vol 2 (2011)
2047-7848
2045-3345
 
Language eng
 
Relation http://ojs.journals.cz/index.php/RJEBI/article/view/189/193
 
Rights Copyright (c) 2011 Jan Cadil, David Hartman, Petr Hajek
https://creativecommons.org/licenses/by/3.0/