Showing 1 - 10 of 101
This paper proposes and discusses an instrumental variable estimator that can be of particular relevance when many instruments are available. Intuition and recent work (see, e.g., Hahn (2002)) suggest that parsimonious devices used in the construction of the final instruments, may provide...
Persistent link: https://www.econbiz.de/10010284174
The aim of the paper is two-fold. It presents an integrated conceptual framework based on the literature on common-pool resource institutions, social capital and NGOs, and secondly, it applies the framework to the case of Bangladesh fisheries sector. Current theoretical and empirical research on...
Persistent link: https://www.econbiz.de/10013208443
fishery management. This article presents a hedonic analysis where attribute prices of size and quality ratings are estimated … for the Swedish Baltic Cod Fishery. Using information from 5307 landing days, hedonic inverse demand functions are …
Persistent link: https://www.econbiz.de/10013208661
How are market conditions affected by a change in fishery regulations? Who benefits and who loses? The paper discusses … the price effects of a reform in the Swedish Baltic cod fishery where vessels using active gear were given annual quotas … between fishers and buyers in the Swedish Baltic cod fishery. …
Persistent link: https://www.econbiz.de/10013208662
The importance of fish size for price per kilo is studied using an inverse demand approach. Prices per kilo in different size categories of the same species differ significantly. This means that the average price for a species may change due to e.g., high-grading, growth overfishing or a...
Persistent link: https://www.econbiz.de/10010369482
In recent years, the Indian Government has taken several policy initiatives to promote organic farming and organic food exports. Such measures are expected to enrich soil quality; attain sustainable development goals; ensure health and food safety for consumers; increase farmer's income and link...
Persistent link: https://www.econbiz.de/10011807881
This study investigates reactions to real exchange rate changes in the German, French and UK automobile and mechanical engineering sectors using monthly data from 1995 to 2010. Our findings indicate that EUR/USD appreciations hamper exports, but do not necessarily imply an aggravated business...
Persistent link: https://www.econbiz.de/10011660694
In the face of the dramatic economic events of recent months and the inability of academics and policymakers to prevent them, the New Consensus Macroeconomics (NCM) model has been the subject of several criticisms. This paper considers one of the main criticisms lodged against the NCM model,...
Persistent link: https://www.econbiz.de/10010266488
Graph-theoretic methods of causal search based in the ideas of Pearl (2000), Spirtes, Glymour, and Scheines (2000), and others have been applied by a number of researchers to economic data, particularly by Swanson and Granger (1997) to the problem of finding a data-based contemporaneous causal...
Persistent link: https://www.econbiz.de/10010274294
Multivariate random sums appear in many scientific fields, most notably in actuarial science, where they model both the number of claims and their sizes. Unfortunately, they pose severe inferential problems. For example, their density function is analytically intractable, in the general case,...
Persistent link: https://www.econbiz.de/10014581240