Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/24407 
Year of Publication: 
2000
Series/Report no.: 
ZEW Discussion Papers No. 00-58
Publisher: 
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim
Abstract: 
This paper aims at providing business survey analysts with simple econometric tools to quantify qualitative survey data. We extend the traditional and commonly applied method proposed by Carlson and Parkin (1975) to capture observable survey respondent heterogeneity. We also discuss specification tests. The empirical analysis is based on business survey data taken from the ZEW's 'Service Sector Business Survey', a quarterly business survey in the German business-related service sector carried out since 1994.
Subjects: 
quantification technique
ordered probit
specification tests
JEL: 
L8
C25
Document Type: 
Working Paper

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