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This paper analyzes a model of investment with fixed investment costs and capital market imperfections. In this model … theoretical model is confronted with UK company data in a two-step estimation that first identifies the long-run relationship of …
Persistent link: https://www.econbiz.de/10005076705
methods and changes in the practice of panel data econometrics, and which are "real" and due to the evolution of the economy …
Persistent link: https://www.econbiz.de/10005408002
Philippines. We present multi-output profit maximizing model to elicit the role of relative prices on land allocation between … crops and fallowing. We estimate systems of random effects Tobit acreage equations using maximum simulated likelihood …
Persistent link: https://www.econbiz.de/10005118936
This paper explores the potential for futures contracts in tropical (hardwood) plywood, one of the few major internationally traded commodities for which there is no yet a futures market. Commodity characteristics and market structures and practices that have an impact on the feasibility of a...
Persistent link: https://www.econbiz.de/10005126115
The debate on the relationship between environmental regulation and competitiveness has been a topic of discussion for a number of years now. As early as 1991, the American economist Michael E. Porter proposed that stringent environmental regulation (under the condition that it is efficient) can...
Persistent link: https://www.econbiz.de/10005556930
This paper examines the two-way relationship between birth interval and child survival and compares the behaviour of households in the Indian and Pakistani provinces of Punjab. Birth interval and child survival are modelled here as correlated hazard processes, allowing for mother- specific...
Persistent link: https://www.econbiz.de/10005076550
Persistent link: https://www.econbiz.de/10005076604
In view of higher fertility and mortality rates in Pakistan compared to India, this paper examines the two-way relationship between birth interval and child mortality and compares the behaviour of households in the Indian and Pakistani provinces of Punjab. Birth interval and child survival are...
Persistent link: https://www.econbiz.de/10005125700
variables This is accomplished by using a model that transforms the duration such that for the population parameters, this …
Persistent link: https://www.econbiz.de/10005062568
Since recent immigrants tend to earn less than natives, their relative labor market status has been adversely impacted by an increase in the return to labor market skills and widening wage inequality over the past two decades. To evaluate the magnitude of this effect, this study uses Social...
Persistent link: https://www.econbiz.de/10005408315