Skip Ribbon Commands
Skip to main content
Home | Support RFF | Join E-mail List | Contact
RFF Logo
Skip navigation links
RESEARCH TOPICS
CENTERS
PUBLICATIONS
NEWS
EVENTS
RESEARCHERS
ABOUT RFF
 

 

 
Join E-mail List
Please provide your e-mail address to receive periodic newsletters and invitations to public events
 
 
Can Panel Data Designs and Estimators Substitute for Randomized Controlled Trials in the Evaluation of Environmental Policy
RFF Academic Seminar
Presenters
Paul J. Ferraro
Professor, Department of Economics, Andrew Young School of Policy Studies,
Georgia State University
 
Abstract
In environmental policy, as in other areas of social policy, randomized evaluation designs are difficult to implement and thus researchers must rely on non-experimental empirical designs to evaluate program impacts. Yet there is considerable debate about whether non-experimental designs can generate accurate estimates of program impact. Design-replication studies assess the ability of non-experimental designs to replicate unbiased (experimental) estimators of program impact. Our design-replication study uses, as a benchmark, a large-scale randomized field experiment that tested the effectiveness of messages designed to induce voluntary reductions in water consumption during a drought. We find that, in general, traditional panel data estimators are unable to replicate the estimates from the experimental design except in one case: when caliper-matching methods are used to pre-process the data before applying a fixed-effects panel data estimator. Understanding how the caliper matching changes the sample, however, will be critical for interpreting the estimates from such an estimator in other contexts. Insights for best-practice econometric analysis are offered.
Date
Thursday, October 18, 2012
12:00 - 1:30 p.m.
Lunch will be provided.
Location
1st Floor Conference Room
1616 P St. NW
Washington, D.C. 20036
All seminars will be in the 7th Floor Conference Room at RFF, 1616 P Street NW unless otherwise noted. Attendance is open, but involves pre-registration no later than two days prior to the event. For questions and to register to an event, please contact Khadija Hill at khill@rff.org (tel. 202-328-5174). Updates to our academic seminars schedule will be posted at www.rff.org/academicseminarseries.
RFF Home | RFF Press: An Imprint of Routledge Terms of Use | Privacy Policy | Copyright Notice
1616 P St. NW, Washington, DC 20036 · 202.328.5000 Feedback | Contact Us