Showing 1 - 10 of 14
We establish a `map' for describing a wide class of Limited Dependent Variables models much used in the econometric literature. The classification system, or language, is an extension of Amemiya's typology for tobit models and is intended to facilitate communication among researchers. The class...
Persistent link: https://www.econbiz.de/10011107314
By using conditional directional distance functions this paper investigates the effect of regional economic growth on regions’ environmental efficiency in greenhouse gas emissions. A sample of ninety eight regions (NUTS 2 level) from Germany, France and the U.K. has been used and regional...
Persistent link: https://www.econbiz.de/10011258816
This paper examines the relationship between renewable energy consumption and economic efficiency. For this reason conditional Data Envelopment Analysis (DEA) estimators alongside with nonparametric regressions are applied in a sample of 25 European countries for the year 2010. Our results...
Persistent link: https://www.econbiz.de/10011259333
Based on the theoretical background of the link between countries’ transparency and environmental policy our paper provides empirical evidence for a sample of 68 countries for the time period of 2001-2010. By assuming that countries’ transparency levels shape their environmental policy which...
Persistent link: https://www.econbiz.de/10011259465
We introduce a two-step procedure for more efficient nonparametric prediction of a strictly stationary process admitting an ARMA representation. The procedure is based on the estimation of the ARMA representation, followed by a nonparametric regression where the ARMA residuals are used as...
Persistent link: https://www.econbiz.de/10005019454
This paper by applying nonparametric techniques measures spatial environmental heterogeneities of 98 regions from Germany, France and the UK. Specifically environmental performance indexes are constructed for the 98 regions (NUTS 2 level) identifying their ability to produce higher growth rates...
Persistent link: https://www.econbiz.de/10009323459
This paper applies a probabilistic approach to investigate how the top European football clubs’ current value and debt levels influence their performance. Specifically, a bootstrapped conditional data envelopment analysis (DEA) is used in order to measure the effect of football clubs’...
Persistent link: https://www.econbiz.de/10009644157
Over the last two decades, the degree of international financial integration has increased substantially, becoming an important area of research for many financial economists. This paper explores the determinants of the asymmetries in the international integration of banking systems. We consider...
Persistent link: https://www.econbiz.de/10008472244
We propose in this paper a model for the description of electricity spot prices, which we use to describe the dynamics of forward curves. The spot price model is based on a long-term/short-term decomposition, where the price is thought of as made up of two factors: A long-term equilibrium level...
Persistent link: https://www.econbiz.de/10005619322
It is known that semiparametric time series regression is often used without checking its suitability and compactness. In theory, this may result in dealing with an unnecessarily complicated model. In practice, one may encounter the computational difficulty caused by the spareness of the data....
Persistent link: https://www.econbiz.de/10005621775