Similar Search Results

A comparison of spatial error models through Monte Carlo experiments

Kato, Takafumi - In: Economic Modelling 30 (2013) C, pp. 743-753

A spatial error model is classified as a geostatistical model or a weight matrix model on the basis of the method of specification of spatial autocorrelation in the disturbance. Specification errors cannot be assumed to be absent, and the robustness of alternative specifications is useful for...

Persistent link: https://www.econbiz.de/10010608299

One-directional adjacency matrices in spatial autoregressive model: A land price example and Monte Carlo results

Yokoi, Takahisa; Ando, Asao - In: Economic Modelling 29 (2012) 1, pp. 79-85

In the context of spatial econometrics, we discuss the specification of one-directional effects, not mutual dependencies. Using an empirical study (a spatial autoregressive model of land price data in Fukui Prefecture, Japan) and Monte Carlo simulation results (contiguity matrices built based on...

Persistent link: https://www.econbiz.de/10010599353

The asymmetric reaction of monetary policy to inflation and the output gap: Evidence from Canada

Komlan, Fiodendji - In: Economic Modelling 30 (2013) C, pp. 911-923

This paper empirically analyzes the interest rate behavior of the Canadian monetary authorities by taking into account possible asymmetries in the loss function. We employ a switching regime framework using two estimation strategies: First, we follow Caner and Hansen's (2004) threshold approach....

Persistent link: https://www.econbiz.de/10011048697

Forecasting the yield curve and the role of macroeconomic information in Turkey

Kaya, Huseyin - In: Economic Modelling 33 (2013) C, pp. 1-7

In this study we investigate the yield curve forecasting performance of Dynamic Nelson–Siegel Model (DNS), affine term … variables in forecasting the yield curve. We have reached numbers of important results: 1—Macroeconomic variables are very … useful in forecasting the yield curve. 2—The forecasting performances of the models depend on the period under review. 3 …

Persistent link: https://www.econbiz.de/10011048868

Forecasting tourism demand to Catalonia: Neural networks vs. time series models

Claveria, Oscar; Torra, Salvador - In: Economic Modelling 36 (2014) C, pp. 220-228

The increasing interest aroused by more advanced forecasting techniques, together with the requirement for more … evaluate the forecasting performance of neural modelling relative to that of time series methods at a regional level … compare the forecasting performance of linear models to that of nonlinear alternative approaches. Pre-processed official …

Persistent link: https://www.econbiz.de/10010729816

Rent seeking opportunities and economic growth in transitional economies

Iqbal, Nasir; Daly, Vince - In: Economic Modelling 37 (2014) C, pp. 16-22

This study empirically explores the growth effects of rent seeking activity (RSA) for a group of 52 developing/transitional countries, using a dynamic panel data approach. The modeling framework is a Mankiw–Romer–Weil (MRW) conditional convergence model with path dependence and augmented by...

Persistent link: https://www.econbiz.de/10011048942

Impact of foreign political instability on Chinese exports

Bashir, Malik Fahim; Xu, Changsheng; Zaman, Khalid; … - In: Economic Modelling 33 (2013) C, pp. 802-807

International trade promotes economic development and leads to peace and stability in a country. Political instability affects trade through its direct effect on income and prices and indirectly through its influence on investment in physical capital. This study aims to examine the impact of...

Persistent link: https://www.econbiz.de/10010738024

Housing rent dynamics in Italy

Rondinelli, Concetta; Veronese, Giovanni - In: Economic Modelling 28 (2011) 1, pp. 540-548

In this paper we focus on tenant rents in Italy and compare results from several methods for the rent dynamic estimation. We first document the sources of data available and then introduce quality adjusted techniques, which enable us to separate the price variation due to qualitative changes in...

Persistent link: https://www.econbiz.de/10010577068

A smooth coefficient quantile regression approach to the social capital–economic growth nexus

Deng, Wen-Shuenn; Lin, Yi-Chen; Gong, Jinguo - In: Economic Modelling 29 (2012) 2, pp. 185-197

This analysis assesses the role of social capital in generating heterogeneity in growth processes across U.S. counties by estimating growth regressions, using the novel semiparametric smooth coefficient quantile regression method in which parameters are unspecified functions of a measure of...

Persistent link: https://www.econbiz.de/10010577135

Income distribution dynamics across European regions: Re-examining the role of space

Maza, Adolfo; Hierro, María; Villaverde, José - In: Economic Modelling 29 (2012) 6, pp. 2632-2640

This paper is aimed at exploring the role played by space on the dynamics of regional per capita income disparities in Europe between 1980 and 2005. To do that, an analysis based on the so-called distribution dynamics approach is used as benchmark. Therefore, the external shape of the per capita...

Persistent link: https://www.econbiz.de/10011048755

1
2
3
4
5
6
7
8
9
10
Next
Last