Showing 1 - 10 of 221
The present study of regional economic growth in Mexico is based on the new economic geography, where distance plays an important role in explaining urban regional economic growth. The results show that distance to the northern border of Mexico and labor migration between states of Mexico, after...
Persistent link: https://www.econbiz.de/10005556194
In order to reduce the finite sample bias and improve the rate of convergence, local polynomial estimators have been introduced into the econometric literature to estimate the regression discontinuity model. In this paper, we show that, when the degree of smoothness is known, the local...
Persistent link: https://www.econbiz.de/10005556256
In specifications of tastes and technology, econometricians often impose curvature globally, but monotonicity only locally or not at all. In fact monotonicity rarely is even mentioned in that literature. But without satisfaction of both curvature and monotonicity, the second order conditions for...
Persistent link: https://www.econbiz.de/10005556257
Persistent link: https://www.econbiz.de/10005556258
Persistent link: https://www.econbiz.de/10005556259
We review Hildreth's algorithm for computing the least squares regression subject to inequality constraints and Dykstra's generalization. We provide a geometric proof of convergence and several enhancements to the algorithm and generalize the application of the algorithm from convex cones to...
Persistent link: https://www.econbiz.de/10005556261
This paper is a user's guide to a set of Gauss procedures developed at the Bank of Canada for estimating regime-switching models. The procedures can estimate relatively quickly a wide variety of switching models and so should prove useful to the applied researcher. Sample program listings are...
Persistent link: https://www.econbiz.de/10005556265
This paper explores two very different models which might account for stock market crashes. A key innovative feature of our paper is that we use the models to show how their implications for stock market crashes may be tested using switching-regression econometrics. We are careful to show that...
Persistent link: https://www.econbiz.de/10005556270
This paper presents the econometric model of the Soviet economy that was built at the Osteuropa Institut in Munich. In the core of the model is the adaptive planning equation. Other equations are presented and discussed as well. The model is tested by ex post forcast and then some policy...
Persistent link: https://www.econbiz.de/10005556272
The aim of this research is to be examined and analysed the socio- economic characteristics of hunters of province Elassona, in the Prefecture of Larissa. The methodology that will follow will be models of linear regression with the method of least square and with models Logit for the more...
Persistent link: https://www.econbiz.de/10005556275