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distortion. Bootstrapping is shown to be ineffective as a method of removing small sample bias in both the conventional and fully … modified estimators. Bootstrapping is effective however as a method of removing the size distortion and performs equally well …
Persistent link: https://www.econbiz.de/10005320345
Wilson's (1999) bootstrapping procedure. The main contribution of the paper is to account in the second stage for the … information provided by the bootstrap in the first stage. The DEA standard errors of the Malmquist indices given by bootstrapping …
Persistent link: https://www.econbiz.de/10005060651
While economies of scope of lending and mobilizing deposits in banking are justified theoretically (Diamond, 1984) and found empirically (see Saunders, 1999), in microfinance, the existence and the magnitudes of scope economies has not been investigated. We use a semi parametric smooth...
Persistent link: https://www.econbiz.de/10010880159
Persistent link: https://www.econbiz.de/10010880298
This paper investigates the effects of network based individual social capital on the access of rural households to services. In the context of development economics, an innovative data collection approach is used to determine network based social capital. The approach originates from the field...
Persistent link: https://www.econbiz.de/10010880311
This paper assesses the impact of the composition of government spending on economic growth in developing countries. We use a dynamic GMM model and a panel data set for 44 developing countries between 1980 and 2004. We find that the various types of government spending have different impact on...
Persistent link: https://www.econbiz.de/10010913389
The financial crisis arose in the industrial countries, but has affected developing countries through higher interest rates, sharp changes in commodity prices and reductions in investment, trade, migration and remittances. Some also see the recent food price crisis as a strongly related...
Persistent link: https://www.econbiz.de/10010913500
Persistent link: https://www.econbiz.de/10010913560
This paper evaluates the potential of Jatropha curcas Linnaeus (Jatropha) as an alternative source of energy for rural households. The plant is said to have potential to diversify rural incomes, reclaim unproductive lands, reduce importation of fossil fuels, and consequently accumulation of...
Persistent link: https://www.econbiz.de/10010913806
The objective of this paper is to analyze the factors that determine productivity of fruit and vegetable growers in central Chile, focusing especially on the effect of short-term credit on farm productivity for market-oriented farmers. We explicitly test for possible selection bias using a panel...
Persistent link: https://www.econbiz.de/10010913834