RESPONSE DYNAMICS IN BUSINESS TENDENCY SURVEYS: EVIDENCE FROM POLAND
RESPONSE DYNAMICS IN BUSINESS TENDENCY SURVEYS: EVIDENCE FROM POLAND

Summary/Abstract: In this paper, trends, business cycle correlates and macroeconomic patterns in response rates are explored. Two groups of respondents taking part in the RIED (Research Institute for Economic Development of the Warsaw School of Economics) economic tendency survey are taken into consideration: industrial enterprises and households. Empirical analysis indicates that household response rates rise slightly with consumer price index, and decline during current expansion phase of the economy. Gender, geographical location and city / country residence are not factors in determining household response rate dynamics. In case of industrial enterprises, willingness to answer seems to rise when business conditions deteriorate, and vice versa, although this effect is small in terms of absolute values of correlation coefficients. Non-response is found to be higher when economy expands but the relationship is weak.

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