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On the Estimation of Supply and Demand Elasticities of Agricultural Commodites
Santeramo, Fabio Gaetano - Volkswirtschaftliche Fakultät, … - 2014
The report provides a literature review on the topic of estimation of demand and supply elasticities. To this end, it … identification problem in estimating elasticities, i.e. the issue of having to solve for unique values of the parameters of the …, using instrumental variables, adopting a recursive structure, holding demand constant, and imposing inequality constraints …
Persistent link: https://www.econbiz.de/10011110694
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GMM Unit Root Inference in Generally Trending and Cross-Correlated Dynamic Panels
Robertson, Donald; Sarafidis, Vasilis; Westerlund, Joakim - Volkswirtschaftliche Fakultät, … - 2014
This paper proposes a new panel unit root test based on the generalized method of moments approach for panels with a small number of time periods and a large number of cross-section units, N. In the model that we consider the deterministic trend function is essentially unrestricted and the...
Persistent link: https://www.econbiz.de/10011259926
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Sparse Linear Models and Two-Stage Estimation in High-Dimensional Settings with Possibly Many Endogenous Regressors
Zhu, Ying - Volkswirtschaftliche Fakultät, … - 2013
This paper explores the validity of the two-stage estimation procedure for sparse linear models in high-dimensional settings with possibly many endogenous regressors. In particular, the number of endogenous regressors in the main equation and the instruments in the first-stage equations can grow...
Persistent link: https://www.econbiz.de/10011109953
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Book review: public duties in Islam
Islahi, Abdul Azim - Volkswirtschaftliche Fakultät, … - 1983
Public Duties in Islam is the English translation of Ibn Taymiyah’s al-Hisba fi'l Islam by Muhtar Holland. It is a useful addition to Islamic economic literature in English language. Notwithstanding a few small errors, the translation reads well and the notes are excellent. This book is a good...
Persistent link: https://www.econbiz.de/10011261136
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An empirical investigation of the effects of concentration on profitability among US banks
Fiona, Tregenna - Volkswirtschaftliche Fakultät, … - 2006
This paper analyses the effects of concentration on profitability in the US banking sector from 1994-2005, using bank-level panel data. A new index of concentration is proposed, which reflects the depth and intensity of concentration. The econometric specification facilitates the simultaneous...
Persistent link: https://www.econbiz.de/10005835748
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Cena węgla brunatnego jako wyznacznik podziału zysku w układach kopalń i elektrowni. Część II – Formuły cen węgla brunatnego.
Jurdziak, Leszek - Volkswirtschaftliche Fakultät, … - 2006
For methods of the profit division in the bilateral monopoly of the mine and the power station sug-gested in the first part of this paper the formulae for lignite price and shares in the joint profit of the mine and the power station are calculated. The proposed profit division contain: the...
Persistent link: https://www.econbiz.de/10005836131
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Behavioral industrial organization, firm strategy, and consumer economics
Azar, Ofer H. - Volkswirtschaftliche Fakultät, … - 2006
The field of behavioral economics is one of the fastest-growing fields in economics in recent years. Not long ago this was a small field, but over the last decade or so, the field gained more recognition, and today it seems clear that psychological motivations and biases affect economic behavior...
Persistent link: https://www.econbiz.de/10005836571
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Information Acquisition and Innovation under Competitive Pressure
Barbos, Andrei - Volkswirtschaftliche Fakultät, … - 2009
This paper studies information acquisition under competitive pressure and proposes a model to examine the relationship between product market competition and the level of innovative activity in an industry. Recent empirical papers point to an inverted-U shape relationship between competition and...
Persistent link: https://www.econbiz.de/10008548840
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Spanish Merino wools and the Nouvelles Draperies: an industrial transformation in the late-medieval Low Countries
Munro, John H. - Volkswirtschaftliche Fakultät, … - 2004
This article seeks to explain why Spanish merino wools arrived so late in the Low Countries, only from the 1420s, why initially only those cloth producers known as the 'nouvelles draperies' chose to use them, and why their resort to such merino wools allowed at least some of them to escape the...
Persistent link: https://www.econbiz.de/10005004705
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Patterns of technological progress and corporate innovation
Waśniewski, Krzysztof - Volkswirtschaftliche Fakultät, … - 2010
The bulk of the global innovative effort takes place in 5 countries: USA, Japan and China as leaders, with France and United Kingdom as immediate followers, which all display, on the long run, a negative marginal value added on innovation. The present paper attempts to answer the following...
Persistent link: https://www.econbiz.de/10008645123