Showing 1 - 10 of 61
We quantify general equilibrium effects of place-based policies in a multiregion framework with mobility, trade and agglomeration economies. Using detailed data on EU transfers, we infer the local effects of different transfer types on productivity, income and transportation cost. Based on these...
Persistent link: https://www.econbiz.de/10012112062
Consumers often face choice settings in which alternatives are discrete. Examples include choices between variants of differentiated products, modes of urban transportation, residential locations, etc. In this paper compensated price elasticities and a corresponding(aggregate) Slutsky equation...
Persistent link: https://www.econbiz.de/10013480199
The Human Development Index (HDI) published in the Human Development Report (HDR) of the United Nations Development Program is calculated as a simple average of the Life Expectancy Index (LEI), the Education Index (EI) and the Gross Domestic Product Index (GDPI). This paper provides statistical...
Persistent link: https://www.econbiz.de/10010329981
In this paper, we compare Principal Component Analysis (PCA) and Partial Least Squares (PLS) methods to generate weights for composite indices. In this context we also consider various treatments of non-metric variables when constructing such composite indices. Using simulation studies we find...
Persistent link: https://www.econbiz.de/10010500172
This paper reviews various treatments of non-metric variables in Partial Least Squares (PLS) and Principal Component Analysis (PCA) algorithms. The performance of different treatments is compared in the extensive simulation study under several typical data generating processes and...
Persistent link: https://www.econbiz.de/10010504410
In this paper the Social Institutions and Gender Index (SIGI) is constructed with Principal Component Analysis (PCA) and Partial Least Squares (PLS). Using the SIGI, we test the effects of social institutions related to gender inequality on several development outcomes, such as female education,...
Persistent link: https://www.econbiz.de/10010504411
The Multidimensional Poverty Index (MPI) is not the first attempt to examine poverty along multiple definitions. Vis-a-vis the existing work and other presently available measures, this method has greater advantage in terms of international comparability and reporting. However, the methodology...
Persistent link: https://www.econbiz.de/10011335960
Existing indices of ethnic diversity are generally based on pre-defined groups, disregarding the (dis)similarities between them. This paper proposes an index that includes the dissimilarity in language, ethno-racial characteristcs and religion between groups. The resulting distance-adjusted...
Persistent link: https://www.econbiz.de/10011422513
We examine estimation of a model of producer behavior in the presence of correlated measurement errors in the regressors. Scale economies and price-cost margins are estimated from a set of panel data for manufacturing plants. The paper presents a somewhat new model for estimation of these...
Persistent link: https://www.econbiz.de/10011967884
This paper develops a new framework for empirical modelling of consumer demand with particular reference to products that are differentiated with respect to quality and location attributes. The point of departure is a flexible representation of the distribution of product attributes and consumer...
Persistent link: https://www.econbiz.de/10011967938