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This paper examines the understanding of business concentration through the Her findahl-Hirschman Index (HHI), by showing that this index is conceptually a model according to which this concentration is the consequence of a renewal process. This process is prompted by firms engaging in different...
Persistent link: https://www.econbiz.de/10011310271
services industries, and analyses their impacts on structural change. VAR model, where activity is measured in terms of output …, shows social and business services to have more forecasting abilities than other variables. On the hand, VAR model where …
Persistent link: https://www.econbiz.de/10010289406
vector autoregressive model (Unrestricted VAR). Based on the impulse functions generated by the model, some principal …
Persistent link: https://www.econbiz.de/10010289413