Showing 1 - 10 of 134
-specific and Europe-wide risk factors. The estimation results indicate a high, time-varying degree of spatial spillovers in the …
Persistent link: https://www.econbiz.de/10010491085
We introduce a new model for time-varying spatial dependence. The model extends the well-known static spatial lag model. All parameters can be estimated conveniently by maximum likelihood. We establish the theoretical properties of the model and show that the maximum likelihood estimator for the...
Persistent link: https://www.econbiz.de/10010391531
Persistent link: https://www.econbiz.de/10001689297
Persistent link: https://www.econbiz.de/10001718549
Persistent link: https://www.econbiz.de/10001792789
Persistent link: https://www.econbiz.de/10001853337
The paper investigates whether the impact of regulations on entrepreneurship depends on corruption. We first test whether regulations robustly deter firm entry into the markets. Our results show that some regulations are indeed important determinants of entrepreneurial activity. Specifically,...
Persistent link: https://www.econbiz.de/10014050262
The paper presents a political economy model linking terror and governments' respect for human rights. Using panel data for 111 countries over the period 1973-2002, we then empirically analyze whether and to what extent terror affects human rights - measured by three indices covering a wide...
Persistent link: https://www.econbiz.de/10014052801
This paper assesses the relationship between institutions, output, and productivity, when official output is corrected for the size of the shadow economy. Our results confirm the usual positive impact of institutional quality on official output and total factor productivity, and its negative...
Persistent link: https://www.econbiz.de/10014222613
-based approach also allows to get a growth rate indicator. In the empirical analysis for the Euro area, both indicators are obtained … more parsimonious approach leads to a growth rate indicator for the Euro area that is similar to the one of EuroCOIN. The … belonging to the Euro area …
Persistent link: https://www.econbiz.de/10014075576