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It is usual to estimate willingness-to-pay in discrete choice models through Logit models –or their expanded versions-. Nevertheless, these models have very restrictive distributional assumptions. This paper is intended to examine the above mentioned issue and to propose an alternative...
Persistent link: https://www.econbiz.de/10005125037
are, according to the discount dividend model, annual earnings and, according to Q-theory, net worth. In December 2002 …. For each of them, the Q model showed earlier and more persistent signals of significant overvaluation of stock prices than … for the P/E model. Finally, in December 2002, both models indicated that the stock price had come back largely within the …
Persistent link: https://www.econbiz.de/10005125064
The evolution of the economy of Puerto Rico has been characterized by a long period of economic instability, decelerating therefore the economic activity, in most of the studied years. For such reason, in this work, by means of the creation of binary choice models, the factors that affect the...
Persistent link: https://www.econbiz.de/10005126319
To measure the economic effects of political movements in China a simple econo-metric model is constructed. Investment … the events are measured by comparing the time paths generated by the model with and without the changes in the shocks …
Persistent link: https://www.econbiz.de/10005062562
We construct a structural econometric model to measure partially the economic effects of political movements in China. …
Persistent link: https://www.econbiz.de/10005062573
This paper explores the causes of deforestation and biodiversity loss in Guatemala and is organized into 4 parts. First, an overview about deforestation in Guatemala from 1950-2000 is provided, and the relationship between deforestation and biodiversity loss is explored. Secondly, some...
Persistent link: https://www.econbiz.de/10005407648
This paper explores the causes of deforestation and biodiversity loss in Guatemala and is organized into 4 parts. First, an overview about deforestation in Guatemala from 1950-2000 is provided, and the relationship between deforestation and biodiversity loss is explored. Secondly, some...
Persistent link: https://www.econbiz.de/10005407693
This paper explores the causes of deforestation and biodiversity loss in Guatemala and is organized into 4 parts. First, an overview about deforestation in Guatemala from 1950-2000 is provided, and the relationship between deforestation and biodiversity loss is explored. Secondly, some...
Persistent link: https://www.econbiz.de/10005556109
This is a survey paper on five important developments in econometrics, with illustrative applications to economic …
Persistent link: https://www.econbiz.de/10005556306
Der Artikel liefert einen Einblick in die wirtschaftswissenschaftliche Sichtweise der Terrorismusforschung und versucht Aspekte der zukünftigen Entwicklung zu beleuch-ten. Dabei werden Konzepte des Angebots und der Erträge terroristischer Aktivitäten beschrieben und Ansatzpunkte einer...
Persistent link: https://www.econbiz.de/10005556530