Showing 1 - 10 of 51
This paper investigates the long-run economic relationship between health care expenditure and income in the world … using data on 167 countries over the period 1995-2012, collected from the World Bank data set. The analysis is carried using …
Persistent link: https://www.econbiz.de/10011540773
This paper investigates the long-run economic relationship between health care expenditure and income in the world … using data on 167 countries over the period 1995-2012, collected from the World Bank data set. The analysis is carried using …
Persistent link: https://www.econbiz.de/10012979662
Persistent link: https://www.econbiz.de/10011396621
integration strategies are complex and the degree of vertical integration varies in a multilateral world with many possible …. Overall, this may explain the fact that a high percentage of world trade is actually controlled by multinational firms … question asked in the present paper: what is the impact of RTAs on FDI in an interdependent world? The paper focuses on the …
Persistent link: https://www.econbiz.de/10013127137
This paper addresses the empirical question of whether trade and financial openness can help explain the recent pace in financial development, as well as its variation across countries in recent years. Utilising annual data from developing and industrialised countries and dynamic panel...
Persistent link: https://www.econbiz.de/10013127163
This paper updates Baltagi’s (2003, Econometric Theory 19, 165-224) rankings of academic institutions by publication …
Persistent link: https://www.econbiz.de/10014183166
This paper gives a brief survey of forecasting with panel data. Starting with a simple error component regression model and surveying best linear unbiased prediction under various assumptions of the disturbance term. This includes various ARMA models as well as spatial auto-regressive models....
Persistent link: https://www.econbiz.de/10014183176
This paper derives a joint Lagrange Multiplier (LM) test which simultaneously tests for the absence of spatial lag dependence and random individual effects in a panel data regression model. It turns out that this LM statistic is the sum of two standard LM statistics. The first one tests for the...
Persistent link: https://www.econbiz.de/10014183452
This paper proposes a generalized panel data model with random effects and first-order spatially autocorrelated residuals that encompasses two previously suggested specifications. The first one is described in Anselin's (1988) book and the second one by Kapoor, Kelejian, and Prucha (2007). Our...
Persistent link: https://www.econbiz.de/10014183595
The paper develops a general Bayesian framework for robust linear static panel data models using ε-contamination. A two-step approach is employed to derive the conditional type-II maximum likelihood (ML-II) posterior distribution of the coeffcients and individual effects. The ML-II posterior...
Persistent link: https://www.econbiz.de/10012919765