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continuous spatial heterogeneity: the spatial regimes model and the locally linear, geographically weighted regression (GWR). We …
Persistent link: https://www.econbiz.de/10008794748
This study aims at investigating the spatial dimension of the FDI. Considering the distribution of FDI between the provinces, our purpose is the spatial dependency that may be observed. Using data for 1992-2002, we find that taking into account the regional specification induces significant FDI...
Persistent link: https://www.econbiz.de/10008855837
This article is a comment on Margaret Slade (2005).
Persistent link: https://www.econbiz.de/10010750503
This paper studies large sample properties of the matrix exponential spatial specification (MESS). We find that the quasi-maximum likelihood estimator (QMLE) for the MESS is consistent under heteroskedasticity, a property not shared by the QMLE of the SAR model. For the general model that has...
Persistent link: https://www.econbiz.de/10010930191
This paper studies large sample properties of the matrix exponential spatial specification (MESS). We find that the quasi-maximum likelihood estimator (QMLE) for the MESS is consistent under heteroskedasticity, a property not shared by the QMLE of the SAR model. For the general model that has...
Persistent link: https://www.econbiz.de/10010935045
In this study, we examine the effect of structural economic vulnerability of developing countries on their public indebtedness. We perform our econometric analysis by relying on 96 developing countries over the period 1980-2008. The results suggest evidence of a "U-shaped" relationship between...
Persistent link: https://www.econbiz.de/10010587840
We estimate the informal-formal sector pay gap throughout the conditional wage distribution using panel data from Brazil, Mexico and South Africa. We control for time-invariant unobservables and identification is stemming from inter-sector movers. We control for observables in a non-linear way...
Persistent link: https://www.econbiz.de/10010933885
transition from one grade level to the next with observed and unobserved heterogeneity, and ii) a flexible version of the … celebrated Mincerian wage equation with skill heterogeneity, non linearity in schooling, non-separability between the effects of … on unobserved and observed skills. Skill heterogeneity is also found to be over-estimated when non-linearity is ignored …
Persistent link: https://www.econbiz.de/10008793057
microfoundations to such an argument, and revisits the impacts of worker heterogeneity and risk aversion. In our model, firms and …
Persistent link: https://www.econbiz.de/10008793597
It is widely recognized that the Euro area is an asymmetric monetary union which assembles countries with heterogeneous structures on financial, goods and labour markets stricken by asymmetric shocks. However, the main objective of the European Central Bank (ECB) is to preserve price stability...
Persistent link: https://www.econbiz.de/10008793725