Showing 1 - 10 of 189
-Oaxaca decomposition analysis for wage differentials. The decomposition method is first developed for a single probit model and later …
Persistent link: https://www.econbiz.de/10010334340
In this paper we develop a simple maximum likelihood estimator for probit models where the regressors have measurement …
Persistent link: https://www.econbiz.de/10013208441
European SMEs belonging to different sectors that are involved in products, processes and organizational eco-innovations. Our …
Persistent link: https://www.econbiz.de/10011739620
Asian economies. Meanwhile, small and medium enterprises (SMEs) make a small contribution to supply chain activity … also influence jo ining supply chains. The paper suggests that governments can facilit ate SMEs joining supply chains … through a market-oriented strategy for SMEs, modern physical infrastructure, streamlined bureaucratic procedures and good …
Persistent link: https://www.econbiz.de/10011807683
Investment banks imitate other banks innovative corporate securities with their own varieties, and compete with the innovator to underwrite new issues. This paper uses data of all the corporate offerings of Equity-Linked and Derivative Securities from the SDC records to estimate the issuers...
Persistent link: https://www.econbiz.de/10005859085
This paper develops an econometric model of industry dynamics for concentrated markets that can be estimated very quickly from market-level panel data on the number of producers and consumers using a nested fixed-point algorithm. We show that the model has an essentially unique symmetric...
Persistent link: https://www.econbiz.de/10010352172
outcome of interest lies. For binary data (two categories) probit and logit models or semiparametric methods are used. For …, multinomial probit, and random parameters logit. The last two models are estimated using simulation or Bayesian methods. For … ordered data, standard multinomial models are ordered logit and probit, or count models are used if ordered discrete data are …
Persistent link: https://www.econbiz.de/10010266391
It is a widely held opinion that apprenticeship training represents a net investment for training firms, and that therefore firms only train if they have the possibility to recoup these investments after the training period. A recent study using a new firm-level dataset for Switzerland showed,...
Persistent link: https://www.econbiz.de/10010315596
As previously argued, the correlation between included and omitted regressors generally causes inconsistency of standard estimators for count data models. Using a specific residual function and suitable instruments, a consistent generalized method of moments estimator can be obtained under...
Persistent link: https://www.econbiz.de/10010315597
The German health care reform of 1997 provides a natural experiment for evaluating the price sensitivity of demand for physicians' services. As a part of the reform, co-payments for prescription drugs were increased step up to 200%. However, certain groups of people were exempted from the...
Persistent link: https://www.econbiz.de/10010315599