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Exact Tests for Contemporaneous Correlation of Disturbances in Seemingly Unrelated Regressions

Dufour, Jean-Marie; Khalaf, Lynda - Centre Interuniversitaire de Recherche en Analyse des … - 2000

This paper proposes finite-sample procedures for testing the SURE specification in multi-equation regression models, i.e. whether the disturbances in different equations are contemporaneously uncorrelated or not. We apply the technique of Monte Carlo (MC) tests [Dwass (1957), Barnard (1963)] to...

Persistent link: https://www.econbiz.de/10005100560

The Aftermarket Performance of Initial Public Offerings in Canada

Kooli, Maher; Suret, Jean-Marc - Centre Interuniversitaire de Recherche en Analyse des … - 2001

In this paper, we empirically investigate Canadian initial public offerings (IPOs) to provide one case on the international evidence on the long-run performance of IPOs. Specifically, we examine whether the choice of a performance measurement methodology directly determines both the size and...

Persistent link: https://www.econbiz.de/10005100659

The Canadian Public Venture Capital Market

Carpentier, Cécile; Suret, Jean-Marc - Centre Interuniversitaire de Recherche en Analyse des … - 2009

observed for the private VC sector in Canada. Finally, the comparison of the returns shows that the public VC market … est prés de quatre fois supérieur à celui mesuré pour le marché privé. Au Canada, le marché public amène sept fois plus de …

Persistent link: https://www.econbiz.de/10005100826

The Underpricing of Initial Public Offerings: Further Canadian Evidence

Kooli, Maher; Suret, Jean-Marc - Centre Interuniversitaire de Recherche en Analyse des … - 2001

the IPO market in Canada is «good» only for large offerings. We have entertained a number of possible explanations for the … Capital Pool. Les résultats montrent que la sous évaluation initiale persiste au Canada, en moyenne. Toutefois, le degrés de … de taille moyenne et de grande taille semblent correctement évalués au Canada, contrairement à ce que l'on observe sur la …

Persistent link: https://www.econbiz.de/10005100896

How cost-effective are Canadian IPO markets?

Suret, Jean-Marc; Kooli, Maher - Centre Interuniversitaire de Recherche en Analyse des … - 2002

in the universe of firm-commitment and best-effort IPOs in Canada and in the United States, from 1997 to 1999, and …

Persistent link: https://www.econbiz.de/10005100915

A General Equilibrium Analysis of the Evolution of the Canadian Service Productivity

Mohnen, Pierre; Raa, Thijs Ten - Centre Interuniversitaire de Recherche en Analyse des … - 1997

This paper measures factor productivities (and hence total factor productivity growth) directly on the basis of the fundamentals of the economy (endowments, preferences and technology), without recourse to market prices. The factor productivities are the Lagrange multipliers of a linear program...

Persistent link: https://www.econbiz.de/10005101009

Sources of Productivity Growth: Technology, Terms of Trade, and Preference Shifts

Mohnen, Pierre; Raa, Thijs Ten - Centre Interuniversitaire de Recherche en Analyse des … - 1999

croissance de la productivité au Canada est passée du changement technique aux améliorations des termes de l'échange. …

Persistent link: https://www.econbiz.de/10005101031

Do Canadian Firms Respond to Fiscal Incentives to Research and Development?

Dagenais, Marcel; Mohnen, Pierre; Therrien, Pierre - Centre Interuniversitaire de Recherche en Analyse des … - 1997

This study examines the effectiveness of R&D tax incentives using an unbalanced panel of 434 Canadian firms. Not all firms in the sample are R&D performers. A B-index summarizing the various tax incentives for R&D is constructed for each firm, taking into account individual ceilings in the use...

Persistent link: https://www.econbiz.de/10005101042

Informal Thinkering: How Is It Important?

Tremblay, Pierre J. - Centre Interuniversitaire de Recherche en Analyse des … - 1998

countries: Canada and India. The overall analysis is based on direct observations at the mill level, face-to-face interviews and …, entrevues personnelles, documents internes) collectées dans neuf usines de pâtes et papiers dans deux pays (Canada et Inde). Ce …

Persistent link: https://www.econbiz.de/10005417580

Assessment of International Economic Policy Models and Measures: Lessons for Canada

Boyer, Marcel; Faye, Anne Catherine - Centre Interuniversitaire de Recherche en Analyse des … - 2011

recent economic growth led by trade in Chile. Finally, we draw important lessons for reforms in Canada. Nous analysons quatre … importantes et quelques avenues de réformes pour le Canada. …

Persistent link: https://www.econbiz.de/10008835413