Date and time: Wednesday 20th March 2019 5.30 - 7.00 pm
Topic: Counterfactual Impact Evaluation - Evaluating business programs using the Business Longitudinal Analytic Database Environment
Presenters: Professor Beth Webster, Swinburne University of Technology
Venue: VicHealth Seminar Room, Ground Floor, 15‐31 Pelham Street, Carlton South
Register online by: lunchtime on Monday 18th March 2019
This is a free seminar organised by the VIC Regional Network Committee of the AES. Our monthly seminar series provides an opportunity for you to meet with AES members and others in Victoria and to share and learn from the experiences of fellow evaluators. Members are encouraged to bring along colleagues with an interest in the topic even if they are not yet members of the AES. Please pass this onto your colleagues and networks.
The arrival of Business Longitudinal Analytic Database Environment (BLADE) – the first economic dataset in Australia to provide a census of businesses – is a game changer for evaluation technology. Evaluation of business programs require, as a minimum, both a control group and access to reliable information on economic performance. A control group is needed as one cannot merely look at the before and after performance of a business who participated in a program. We need to abstract from changes in macro-economic conditions and potential confounding factors (e.g. that a business’s new manager, or new strategy, has contributed to both the decision to undertake the program and to perform better).
Adjusting for both these factors requires access to panel data sets with large numbers of business records and BLADE is the only game in town. In this talk, I will introduce BLADE and discuss one of the well-accepted evaluation methods – difference-in-difference analysis.
Professor Beth Webster is the Director of the Centre for Transformative Innovation at Swinburne University of Technology and Pro Vice Chancellor (Research Policy and Impact). She has a PhD (Cambridge), M Economics (Monash) and B Ec (hons) (Monash). She is also an Honorary Professorial Fellow, at the Universities of Melbourne and Oxford. Her research interests cover several areas of applied economics. She has authored over 100 articles on the economics of innovation and firm performance and has been published in RAND Journal of Economics, Review of Economics and Statistics, Oxford Economic Papers, Journal of Law & Economics and Cambridge Journal of Economics. She has been appointed to a number of committees including the Lomax-Smith Base funding Review; the Bracks’ Review of the Automotive Committee; CEDA Advisory Council; the Advisory Council for Intellectual Property; European Policy for Intellectual Property Association; and Asia Pacific Innovation Network.
AES Evaluator’s Professional Domain of Competence:
This seminar relates to Domain 2: Evaluation Theory (Theoretical Foundations) and Domain 4: Research Methods and Systematic Inquiry