Showing 1 - 10 of 62
exchange rate, expressed in real terms. To this end, weproceed to a cointegration and causality study between the two variables …. Our results indicate that causality runs from oil prices to the exchange rate and that the relationship between the two …
Persistent link: https://www.econbiz.de/10008789406
This paper investigates the relationship between private and public investment in R&D, while taking into account the effect of several instruments policies such as subsidies and taxes. We design a new look of knowledge spillovers and R&D cooperation to explain the contribution of public and...
Persistent link: https://www.econbiz.de/10008791563
Recent literature tried to explain the Indian growth miracle in different ways, ranging from trade liberalization to industrial reforms. Using data on Indian manufacturing firms, this paper analyzes the relationship between firm's productivity and export market participation during 1991-2004....
Persistent link: https://www.econbiz.de/10010635258
to infer causality of improvement of public transport. The size of companies, defined by the number of jobs they offer … largely defined by the level of improvement to urban public transport in each zone of the city but the causality relationship … seams to have a causality relationship with the income of inhabitants in each zone and the number of jobs, and this changes …
Persistent link: https://www.econbiz.de/10011025830
This paper elaborates an axiomatic treatment of the Subjective Expected Utility (SEU) model that dispenses with the assumption of an exogenous state space. Within a state-free description of uncertainty and alternatives, axioms for preferences are formulated and shown to characterize the...
Persistent link: https://www.econbiz.de/10011025910
, researchers control endogeneity skews (e.g., reverse causality, omitted variables) when conducting empirical analysis. With these …
Persistent link: https://www.econbiz.de/10010820607
The mainstream view in economics has been a key factor in designing climate policies. Given that the controversy over the “efficiency paradox” has shown that mainstream economics is not neutral in the way it deals with climate change, the purpose of this paper is to investigate what insights...
Persistent link: https://www.econbiz.de/10008791603
Venezuela, for the period 1951-2011. By relying on cointegration techniques and applying Bernard and Durlauf's (1995) stochastic …
Persistent link: https://www.econbiz.de/10010933150
We analyze, in a unified theoretical framework, the two main models for equilibrium exchange rate, namely, the BEER and the FEER approaches. In order to understand the interactions between them, we study in detail the temporal links between these two measures. Our results show that, in average,...
Persistent link: https://www.econbiz.de/10009645460
Standard tests for the rank of cointegration of a vector autoregressive process present distributions that are affected … cointegration properties between global temperatures and the radiative forcing of human gas emissions. We find new evidence of … Granger Causality. …
Persistent link: https://www.econbiz.de/10010898470