Showing 1 - 10 of 1,449
Investment statistics of the People's Republic of China are a source of many puzzles. Some investment data are of … dubious quality, while the particular concepts of investment and their changing definitions over time are often poorly … understood. Fixed asset investment, a remnant of the planned economy, comes with severe limitations in terms of data coverage and …
Persistent link: https://www.econbiz.de/10012165950
reduces owners' capital investment -we find that granting formal control rights to workers raises capital formation. The … relations whereby shared governance raises capital by permitting workers to bargain over investment or by institutionalizing …
Persistent link: https://www.econbiz.de/10012138860
) and gross investment (INV) in physical capital. The evidence accruing from a dynamic panel data estimation indicates an … as a response to previous physical capital investment with an ultimate goal of inducing higher rates. Theoretical models … like Spiegel and Spulber [1997, RAND Journal of Economics] highlight that effect. The present paper considers a panel data …
Persistent link: https://www.econbiz.de/10003854388
pooled mean group estimator (SPMG) to deal with these features. Using this new panel estimator and a dataset spanning almost …
Persistent link: https://www.econbiz.de/10013041372
impact on a government's decisions on how to allocate government expenditure between public consumption and investment. Using … estimate panel regressions for several OECD economies over a period 1960-95. Our empirical evidence on the effects of political …
Persistent link: https://www.econbiz.de/10009781587
This paper investigates the long-run economic relationship between health care expenditure and income in the world … using data on 167 countries over the period 1995-2012, collected from the World Bank data set. The analysis is carried using … panel data methods that allow one to account for unobserved heterogeneity, temporal persistence, and crosssection dependence …
Persistent link: https://www.econbiz.de/10011540773
-dependent panel data model accounting in particular for program participation selection and the potential conditionality of the output … ; panel sample selection models ; conditional pooling …
Persistent link: https://www.econbiz.de/10008696785
using time series data from 1980 to 2004. We first estimate a panel data model (using fixed and random effects) for the real … of real exchange rate misalignment using panel cointegration methods. The variables used in our real exchange rate models …-step System GMM panel growth models indicate that the coefficients for real exchange rate misalignment are positive for different …
Persistent link: https://www.econbiz.de/10003969632
markets, LIBOR markets have minimal frictions which could lead to rejecting UIP. Using panel unit root test suggested by Palm … to the long-run equilibrium is proportional to the maturity of the underlying instrument. -- UIP ; LIBOR ; panel …
Persistent link: https://www.econbiz.de/10009570031
dynamic panel including annual data for 119 countries over the period 1970-2010, and also carry out multivariate Granger …
Persistent link: https://www.econbiz.de/10009162091