This article aims at discovering a coherent method for estimating country risk for non-developed countries, determining the components and most significant factors involved and thus avoiding the “black boxes” represented by external agency ratings. The data used form a panel of 40...

This paper aims to give a detailed explanation of the econometric methodology necessary to estimate dynamic probit models with ordinal dependent variables. A typology of cases are established which appear when considering different choices of individual heterogeneity along with time correlation....

During the last decade, there has been a substantial interest in how to determine the optimal number and locations of traffic counters for origin-destination (OD) trip matrices estimation. On the contrary, the optimal allocation of plate scanning devices has received very limited attention, even...

Wind power - a renewable energy source increasingly attractive from an economic viewpoint - constitutes an electricity production alternative of growing relevance in current electric energy systems. However, wind power is an intermittent source that cannot be dispatched at the will of the...