Transforming Qualitative Survey Data: Performance Comparisons for the UK

Driver, Ciaran; Urga, Giovanni

Abstract

This paper assesses different ways of converting qualitative data obtained in surveys into quantitative indices for a number of economic variables. The research reported here focuses on the main UK employers’ business survey for manufacturing – the CBI industrial trends survey. Six response variables are investigated – plant and machinery investment, output, employment, exports, price and cost. We find that the balance statistic is a satisfactory method of transforming three of the variables: investment, output and exports.

Citation

Driver, C., & Urga, G. (2004). Transforming Qualitative Survey Data: Performance Comparisons for the UK. Oxford Bulletin of Economics and Statistics, 66(1), 71-90. https://doi.org/10.1111/j.1468-0084.2004.00070.x

• Journal Article Type: Article
• Publication Date: Jan 1, 2004
• Deposit Date: Oct 22, 2010
• Journal: Oxford Bulletin of Economics and Statistics
• Print ISSN: 0305-9049
• Electronic ISSN: 1468-0084
• Publisher: Wiley
• Peer Reviewed: Peer Reviewed
• Volume: 66
• Issue: 1
• Pages: 71-90
• DOI: https://doi.org/10.1111/j.1468-0084.2004.00070.x