Showing 1 - 10 of 52
A new nonparametric estimator of production frontiers is defined and studied when the data set of production units is contaminated by measurement error. The measurement error is assumed to be an additive normal random variable on the input variable, but its variance is unknown. The estimator is...
Persistent link: https://www.econbiz.de/10008836146
The reduction theory of David F. Hendry provides a comprehensive probabilistic framework for the analysis and classification of the reductions associated with empirical econometric models. However, it is unable to provide an analysis on the sameunderlying probability space of the first reduction...
Persistent link: https://www.econbiz.de/10005008632
Using Belgian microdata, we assess the impact, on a hedonic regression, of the distortions arising from the choice of either a specific zoning system or the delineation of the study area. We also evaluate the biases that arise when spatial effects are not accounted for. Given that the dependent...
Persistent link: https://www.econbiz.de/10010927668
Following the model-based approach of Ellison and Glaeser (1997), we develop a framework to test for the link between concentration, spatial clustering and the size of plants. Concentration is an a-spatial concept of variability that can be measured with the standard locational Gini or the more...
Persistent link: https://www.econbiz.de/10005042915
Recent developments in the econometric estimation of multi-output, multi-input distance functions have provided a promising new solution to the single-output restriction implicit in the standard production function. However, a suspicion that regressor endogeneity may introduce possible...
Persistent link: https://www.econbiz.de/10005043326
We investigate and compare the spatial distribution of manufacturing activity and its determinants in Belguim, Ireland, and Portugal using comparable, exhaustive micro-level data sets.We find some similarities between Portugal and Belguim, but little for Ireland. Moreover, there is some evidence...
Persistent link: https://www.econbiz.de/10005043639
This paper derives exact expressions for the statistical curvature and related geometric quantities in the first order autoregressive models.
Persistent link: https://www.econbiz.de/10005634026
Recent developments in the econometric estimation of multi-output, multi-inp ut distance functions have provided a promising new solution to the single-output restriction implicit in the standard production function. However, a suspicion that regressor endogeneity may introduce possible sim...
Persistent link: https://www.econbiz.de/10005634199
Dans cet article, nous étudions l’impact des différences de longévité sur la conception des politiques publiques, en particulier celles liées au départ à la retraite. Nous montrons premièrement qu’alors même que l’espérance de vie a augmenté de manière très importante tout au...
Persistent link: https://www.econbiz.de/10011246289
Forgiveness is an ethical ideal that advocates that a fresh start should be conferred on those individuals who regret their past choices. Grounded on such a principle, Fleurbaey (2005) proposes the use of the equivalent endowment as the proper measure of the welfare loss experienced by those who...
Persistent link: https://www.econbiz.de/10010662643