Showing 1 - 10 of 602
Rwanda in the early 90s, and using micro data to carry out econometric analysis, this paper finds that households and …
Persistent link: https://www.econbiz.de/10010287624
This paper performs a comparative analysis of estimation as well as of out-of-sample forecasting results of more than … estimates of the migration function. Out-of-sample forecasting results indicate the following: (i) the standard fixed effects … estimator exhibit the superior forecast performance, (iii) the fixed effects estimators outperform GMM and other instrumental …
Persistent link: https://www.econbiz.de/10010267584
This paper compares various forecasts using panel data with spatial error correlation. The true data generating process is assumed to be a simple error component regression model with spatial remainder disturbances of the autoregressive or moving average type. The best linear unbiased predictor...
Persistent link: https://www.econbiz.de/10010268987
This paper provides a novel approach to forecasting time series subject to discrete structural breaks. We propose a … Bayesian estimation and prediction procedure that allows for the possibility of new breaks over the forecast horizon, taking …
Persistent link: https://www.econbiz.de/10010276180
Prediction markets - markets used to forecast future events - have been used to accurately forecast the outcome of …
Persistent link: https://www.econbiz.de/10010287666
The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated interest among researchers, consumers and producer organizations, managers, regulators and policymakers, This research reviews the growing literature on models used to study...
Persistent link: https://www.econbiz.de/10010284018
While most empirical analysis of prediction markets treats prices of binary options as predictions of the probability of future events, Manski (2004) has recently argued that there is little existing theory supporting this practice. We provide relevant analytic foundations, describing sufficient...
Persistent link: https://www.econbiz.de/10010267377
This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion...
Persistent link: https://www.econbiz.de/10010282579
Many developed countries have recently experienced a significant inflow of immigrants in the agricultural sector. At the same time, the sector is still in a process of structural transformation resulting in fewer but bigger and presumably more efficient farms. In this paper, we exploit detailed...
Persistent link: https://www.econbiz.de/10010291420
induced by changes in wind across years, I show that higher levels of pollution lead to decreased agricultural productivity …, with large changes in productivity being common. The negative effects of pollution are larger in areas growing more labor …-intensive crops, indicating that the pollution works at least partly through direct effects on labor productivity. Finally, combining …
Persistent link: https://www.econbiz.de/10014377219