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Non-Linear Taylor Rule through Threshold Estimation

Bhaduri, Saumitra; Sethudurai, Raja - Volkswirtschaftliche Fakultät, … - 2013

This paper tries to identify non-linearity in the estimation of Taylor type reaction function for Reserve Bank of India … using a threshold estimation technique of Hansen (2000). For the monthly data from March 2001 to October 2009 with Repo rate … as the policy rate the estimation significantly identifies two thresholds with inflation and one threshold with output …

Persistent link: https://www.econbiz.de/10011113954

Marże monopolistyczne i przychody skali w gospodarce polskiej

Gradzewicz, Michal; Hagemejer, Jan - Volkswirtschaftliche Fakultät, … - 2007

and services sectors during 1996-2004. Methodology based on instrumental variables allows joint estimation of both, scale …

Persistent link: https://www.econbiz.de/10011258773

Indian Agriculture in the New Economic Regime, 1971-2003: Empirics based on the Cobb Douglas Production Function

Kamat, Manoj; Tupe, Sanjay; Kamat, Manasvi - Volkswirtschaftliche Fakultät, … - 2007

This paper reviews the trends in Indian Agriculture before and after the introduction of the economic reforms, and the advent of WTO regime. We employ the Cobb Douglas Production Function using the OLS specification to investigate the determinants of agricultural gross domestic product for the...

Persistent link: https://www.econbiz.de/10005260322

Estimating Verdoorn law for Italian firms and regions

Fazio, Giorgio; Maltese, Enza; Piacentino, Davide - Volkswirtschaftliche Fakultät, … - 2011

In empirical regional economics, returns to scale are typically estimated at the regional level in search for evidence on alternative theories of growth and agglomeration. However, returns to scale may also have a firm-level dimension. In this paper, we exploit micro level data and estimate the...

Persistent link: https://www.econbiz.de/10009386703

Conflict and Conflict Managment with Asymmetric Stakes (The Bad-Cop and the Good Cop part II)

Caruso, Raul - Volkswirtschaftliche Fakultät, … - 2007

This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents evaluate differently the contested stake. Differently from common contest models, agents have the option of choosing a second instrument to affect the outcome of the conflict....

Persistent link: https://www.econbiz.de/10005835709

Globalization and Structural Changes in the Indian Industrial Sector: An Analysis of Production Functions

Mishra, SK - Volkswirtschaftliche Fakultät, … - 2006

In 1991 India chose to open her economy and formulated the New Economic Policy (NEP). Under the structural adjustment and reform programmes, the NEP aimed at promoting growth by eliminating supply bottlenecks that hinder competitiveness, efficiency and dynamism in the economic system This study...

Persistent link: https://www.econbiz.de/10005619394

The relationship between farm size and productivity: empirical evidence from the Nepalese mid-hills

Thapa, Sridhar - Volkswirtschaftliche Fakultät, … - 2007

This paper examines the farm size and productivity relationship using data from Nepalese mid hills. The household data used has been drawn from a survey conducted by the author and financed by the Norwegian University of Life Science. The analysis uses models both allowing for and not allowing...

Persistent link: https://www.econbiz.de/10005619483

Strategies for trade liberalization in the Americas

Chichilnisky, Graciela - Volkswirtschaftliche Fakultät, … - 1995

Regional free trade zones have been unexpectedly successful in the last decade. Since 1980 the European Community enlarged significantly its membership and its scope. It now includes southern European countries, and market-integrating features allowing goods, people, services and capital to flow...

Persistent link: https://www.econbiz.de/10005619917

Profit Maximization and the Threshold Price

Mynbaev, Kairat - Volkswirtschaftliche Fakultät, … - 1998

If the output market is perfectly competitive and the firm’s production function is not concave, an increase in the output price may lead to an explosive increase in firm’s profits at some point. We explore the properties of this point, called a threshold price. We derive the formula for the...

Persistent link: https://www.econbiz.de/10008623462

Retornos a escala en agua y saneamiento: estimaciones para América Latina

Ferro, Gustavo; Lentini, Emilio; Mercadier, Augusto; … - Volkswirtschaftliche Fakultät, … - 2010

In the whole world there are strong discussions on how to yield a more equitable access and a more efficient provision. One issue linked to efficiency is the achievement of scale economies in the industry, and the optimal dimension of water and sanitation providers. Changes in the industrial...

Persistent link: https://www.econbiz.de/10008623474