Narrow search
Showing 1 - 10 of 39
Cover Image
Panels with nonstationary multifactor error structures
Kapetanios, G.; Pesaran, M. Hashem; Yamagata, T. - HAL - 2010
The presence of cross-sectionally correlated error terms invalidates much inferential theory of panel data models. Recently, work by Pesaran (2006) has suggested a method which makes use of cross-sectional averages to provide valid inference in the case of stationary panel regressions with a...
Persistent link: https://www.econbiz.de/10010820521
Cover Image
A two-step estimator for large approximate dynamic factor models based on Kalman filtering
Doz, Catherine; Reichlin, Lucrezia - HAL - 2011
This paper shows consistency of a two step estimation of the factors in a dynamic approximate factor model when the panel of time series is large ( large). In the first step, the parameters of the model are estimated from an OLS on principal components. In the second step, the factors are...
Persistent link: https://www.econbiz.de/10010820665
Cover Image
A two-step estimator for large approximate dynamic factor models based on Kalman filtering
Doz, Catherine; Reichlin, Lucrezia - HAL - 2011
This paper shows consistency of a two step estimation of the factors in a dynamic approximate factor model when the panel of time series is large ( large). In the first step, the parameters of the model are estimated from an OLS on principal components. In the second step, the factors are...
Persistent link: https://www.econbiz.de/10010898831
Cover Image
Panels with nonstationary multifactor error structures
Kapetanios, G.; Pesaran, M. Hashem; Yamagata, T. - HAL - 2010
The presence of cross-sectionally correlated error terms invalidates much inferential theory of panel data models. Recently, work by Pesaran (2006) has suggested a method which makes use of cross-sectional averages to provide valid inference in the case of stationary panel regressions with a...
Persistent link: https://www.econbiz.de/10010899019
Cover Image
An Examination of the Convergence in the Output of South American Countries: The Influence of the Region's Integration Projects
Bonilla, Andrea - HAL - 2014
and improve citizens' living standards. This study evaluates the convergence in real GDP per-capita, as a suitable proxy … definitions of convergence and common trends, the presented evidence supports the existence of common long-run trends driving … output in South America, meaning that the region is involved in a dynamic process of convergence in living standards. …
Persistent link: https://www.econbiz.de/10010933150
Cover Image
Convergence des émissions par tête de dioxyde de carbone : Le rôle de l'éducation
Kinda, Somlanaré Romuald - HAL - 2009
'une convergence des émissions par tête de dioxyde de carbone au niveau mondial. Dans les pays en développement il y a une divergence …Cet article a pour but d'analyser le rôle de l'éducation dans la convergence des émissions par tête de dioxyde de … convergence si et seulement si elle est associée à de bonnes institutions politiques. En absence de celles-ci, l'éducation est …
Persistent link: https://www.econbiz.de/10010547614
Cover Image
The Third sector in Europe; Does it exhibit a converging movement?
Archambault, Edith - HAL - 2008
The European Union in its widening movement shows five clusters of Third sector organisations with complex bonds and ties with the surrounding societies and national identities In introduction, we compare briefly the Europe's Third sector features to North America's ones (Historical and...
Persistent link: https://www.econbiz.de/10009643776
Cover Image
Diversité et fragilité des associations en Europe
Archambault, Edith - HAL - 2012
Formant un modèle régional diversifié, les institutions sans but lucratif en Europe sont fragilisées par la crise économique et l'évolution libérale de la politique communautaire. Appauvries, transformées en sous-traitantes des programmes européens, leur innovation bridée, elles...
Persistent link: https://www.econbiz.de/10010610163
Cover Image
Regional convergence and agglomeration in Argentina : a spatial panel data approach
Madariaga, Nicole; Montout, Sylvie; Ollivaud, Patrice - HAL - 2005
This paper examines the per capita income convergence process among 23 Argentinian provinces over the period 1983 … conditional convergence process between Argentinian provinces and a positive and significant impact of agglomeration variables on … underestimates the speed of convergence specifically for provinces which are distant from Buenos Aires. Moreover, we improve …
Persistent link: https://www.econbiz.de/10010750954
Cover Image
The Third sector in Europe; Does it exhibit a converging movement?
Archambault, Edith - HAL - 2009
The European Union in its widening movement shows five clusters of Third sector organisations with complex bonds and ties with the surrounding societies and national identities In introduction, we compare briefly the Europe's Third sector features to North America's ones (Historical and...
Persistent link: https://www.econbiz.de/10010738515