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Milly Stuchinski

What is the best econometric tool for impact assessment of a...

Bertrand Wengher  Follow

In any given research study the analytical tool to be used depends on the objective and purpose of the study. Depending on the nature of the technology, and also time of evaluation i.e., pre or post impact assessment we have to decide on to use a qualitative or quantitative impact assessment tool. There are number of qualitative and quantitative analytical techniques available for that purpose. Further, ther I recommend to go through the following link for research article particularly on research impact assessment in agriculture using various approaches by Peter Weißhuhn Katharina Helming Johanna Ferretti published in Research Evaluation Volume 27, issue 1, pages 36-42.

https://doi.org/10.1093/reseval/rvx034

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David Aucoin  Follow

Following.

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Alison Gray  Follow
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Dave Walter  Follow

simultaneous equations to link different sectors, see interactions , transmission effects

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Bob Clark  Follow

I do not what do you mean by econometric tool. If you mean econometric software, I recommend you Stata to work with panel data.

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Dan Koren  Follow
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Alan Feldman  Follow

In addition to the comments made so far, consider following two premises.
First, who are intended beneficiaries of the technology. If your cross section data covers the benefits accrued to them you may use any of the econometric tool.
Second, technology impact has implications on social dimensions. How far did you go on cross section data on qualitative aspects in the demand side. For this, you may have to consider any econometric tool capturing qualitative information on before and after or with and without type approaches.

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Albert Hsieh  Follow

Panel data. See fixed effects and random effects


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Castle Richard  Follow

There is no best approach...because it depends! Each of the method's strength depends on what econometric problems you may try to account for while evaluating the impact of a certain technology in a panel data setting, e.g. endogeneity, sample selection, attrition, etc. The best way to understand these is to read some sections of Greene's Econometric Analysis and/or Wooldridge's Econometric Analysis of Cross-Section and Panel Data and/or Baltagi's Econometric Analysis of Panel Data. All these books are available online... Good Luck!!

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