Showing 1 - 10 of 41
farmers’ food production. We investigate whether there are differences in the food production functions of farm households … compare the expected food production under the actual and counterfactual cases that the farm household adapted or not to … group of farm households that did not adapt. The relationship between production and average temperature is inverted U …
Persistent link: https://www.econbiz.de/10010746462
We propose a new estimator for nonparametric regression based on local likelihood estimation using an estimated error score function obtained from the residuals of a preliminary nonparametric regression. We show that our estimator is asymptotically equivalent to the infeasible local maximum...
Persistent link: https://www.econbiz.de/10010745013
consistent. Furthermore, two kinds of asymptotic efficiency of the selected model are proved. Both simulated and real data are …
Persistent link: https://www.econbiz.de/10010745153
The paper specifies and estimates a production function for the airline industry, identifying firms' network … characteristics and efficiency as the main determinants of their productivity. The application of this analysis to the European market …
Persistent link: https://www.econbiz.de/10010745526
We develop new tests of the capital asset pricing model which are valid under the assumption that the distribution generating returns is elliptically symmetric; this assumption is necessary and sufficient for the validity of the CAPM. Our test is based on semiparametric efficient estimation...
Persistent link: https://www.econbiz.de/10010746304
Although there is evidence that CO2-efficiency enhancing innovations in one country diffuse into other countries to … the strength of cross-border CO2-efficiency interdependence working through import ties and inward foreign direct … investment (FDI) stocks is greater in (a) countries with lower existing levels of domestic CO2-efficiency and (b) countries with …
Persistent link: https://www.econbiz.de/10010746369
services, the greater the potential for economic efficiency and growth. There is, however, little empirical evidence to … governments with their own revenue source respond better to local demands and promote greater economic efficiency. …
Persistent link: https://www.econbiz.de/10011071215
scenarios are then used to generate risk scenarios for Florida using a coupled climate-catastrophe modeling approach. The … is likely to be the dominant driver of the level and volatility of wind-related risk over the coming decade; however … notably increased levels of risk within the decade. Finally, we present a series of analyses to better understand the relative …
Persistent link: https://www.econbiz.de/10011071427
. In the special case of a nonparametric regression subject to time series errors our estimator achieves efficiency …
Persistent link: https://www.econbiz.de/10011071509
We propose a modification of kernel time series regression estimators that improves efficiency when the innovation …
Persistent link: https://www.econbiz.de/10010928799