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Remittances, Value Added Tax and Tax Revenue in Developing Countries
Ebeke, Christian - HAL - 2011
This paper examines the impact of international remittances on both the level and the instability of government tax revenue in receiving countries. It investigates in particular whether the presence of a value added tax (VAT) system increases the benefit of the inflows of remittances in terms of...
Persistent link: https://www.econbiz.de/10008793925
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Export upgrading and growth in China: the prerequisite of domestic embeddedness
Poncet, Sandra; Starosta, Felipe - HAL - 2013
Our work contributes to the literature relating output structure and economic development by showing that growth gains from upgrading are not unconditional. Relying on data from a panel of Chinese cities, we show that the level of capabilities available to domestic _rms operating in ordinary...
Persistent link: https://www.econbiz.de/10010898392
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Testing interval forecasts: a GMM-based approach
Dumitrescu, Elena-Ivona; Hurlin, Christophe; Madkour, Jaouad - HAL - 2011
, our GMM test has good small-sample properties. These results are corroborated by an empirical application on SP500 and … Nikkei stock market indexes. It con rms that using this GMM test leads to major consequences for the ex-post evaluation of …
Persistent link: https://www.econbiz.de/10009322690
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The 2007-2008 financial crisis: Is there evidence of disaster myopia?
Cornand, Camille; Gimet, Céline - HAL - 2012
The disaster myopia hypothesis is a theoretical argument that may explain why crises are a recurrent event. Under very optimistic circumstances, investors disregard any relevant information concerning the increasing degree of risk. Agents' propensity to underestimate the probability of adverse...
Persistent link: https://www.econbiz.de/10009278316
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Addiction to car use and dynamic elasticity measures in France
Collet, Roger; Lapparent, Mathieu De; Hivert, Laurent - HAL - 2010
This article presents a microeconometric analysis of the annual mileage travelled by French households with their personal cars, defining their automobility. To feature car use dependence, the rational addiction model of Becker et al. (1994) is applied on a panel dataset, drawn from the French...
Persistent link: https://www.econbiz.de/10009278319
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Deficit, Seigniorage and the Growth Laffer Curve in developing countries
Ehrhart, Hélène; Minea, Alexandru; Villieu, P. - HAL - 2011
developing countries provides GMM-system estimators that support our theoretical conclusions. …
Persistent link: https://www.econbiz.de/10008793465
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Backtesting Value-at-Risk: A GMM Duration-Based Test
Hurlin, Christophe; Colletaz, Gilbert; Tokpavi, Sessi; … - HAL - 2008
This paper proposes a new duration-based backtesting procedure for VaR forecasts. The GMM test framework proposed by …-Carlo simulations show that for realistic sample sizes, our GMM test outperforms traditional duration based test. An empirical … application for Nasdaq returns confirms that using GMM test leads to major consequences for the ex-post evaluation of the risk by …
Persistent link: https://www.econbiz.de/10008794030
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La structure du capital et la profitabilité : Une étude empirique sur données de panel françaises
Kebewar, Mazen - HAL - 2012
'une étude sur panel dynamique en utilisant la méthode des moments généralisée (GMM), qu'il y a une hétérogénéité des …
Persistent link: https://www.econbiz.de/10010618158
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Fostering the potential endogenous development of European regions: a spatial dynamic panel data analysis of the Cohesion Policy on regional convergence over the period 1980-2005
Agha, S. Bouayad; Turpin, Nadine; Védrine, Lionel - HAL - 2010
In this paper, we use a conditional-convergence econometric model to investigate whether the Cohesion Policy and the structural funds this policy mobilises, affect the European economies in such a way that the poorer regions catch up with the rich ones. In this model, regional convergence...
Persistent link: https://www.econbiz.de/10010636829
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The effect of debt on corporate profitability Evidence from French service sector
Kebewar, Mazen; Noaman, Ahmed Shah Syed Muhammad - HAL - 2013
(GMM) econometric technique on three measures of profitability ratio (PROF1, PROF2 and ROA), we show that debt ratio has no …
Persistent link: https://www.econbiz.de/10010899356