Showing 1 - 10 of 11
This study aims at investigating the spatial dimension of the FDI. Considering the distribution of FDI between the provinces, our purpose is the spatial dependency that may be observed. Using data for 1992-2002, we find that taking into account the regional specification induces significant FDI...
Persistent link: https://www.econbiz.de/10008855837
This paper presents various approaches dealing with heterogeneous reaction combined with interaction between neighboring units of observation developed in the spatial econometric literature, in the framework of cross-sectional models, and applied to the study of growth and convergence processes....
Persistent link: https://www.econbiz.de/10008794748
This paper studies large sample properties of the matrix exponential spatial specification (MESS). We find that the quasi-maximum likelihood estimator (QMLE) for the MESS is consistent under heteroskedasticity, a property not shared by the QMLE of the SAR model. For the general model that has...
Persistent link: https://www.econbiz.de/10010930191
This paper studies large sample properties of the matrix exponential spatial specification (MESS). We find that the quasi-maximum likelihood estimator (QMLE) for the MESS is consistent under heteroskedasticity, a property not shared by the QMLE of the SAR model. For the general model that has...
Persistent link: https://www.econbiz.de/10010935045
This study aims at evaluating the actual profile of marginal productivity across the age groups within the workforce. As age-productivity profile might differ between occupations, we differentiate the workforce simultaneously by skills (low-skilled, high-skilled) and by age (young, middle-aged,...
Persistent link: https://www.econbiz.de/10008866181
We propose an instrumental variables method for inference in high-dimensional structural equations with endogenous regressors. The number of regressors K can be much larger than the sample size. A key ingredient is sparsity, i.e., the vector of coefficients has many zeros, or approximate...
Persistent link: https://www.econbiz.de/10009021745
Cooperation among local governments has been encouraged to enable the aggregation of resources and improved public sector efficiency. However, if cooperation through the joint delivery of local public services is likely to be welfare enhancing for the agglomeration, but will lead to losses for...
Persistent link: https://www.econbiz.de/10010618137
relatives' discarding behavior. We use Dong's endogeneity test [7] to show that that regressor is not endogenous. We argue that …
Persistent link: https://www.econbiz.de/10010899554
In this paper, we develop a test to detect the presence of endogeneity in conditional quantiles. Our test is a Hausman …-type test based on the distance between two estimators, of which one is consistent only under no endogeneity while the other is … consistent regardless of the presence of endogeneity in conditional quantile models. We derive the asymptotic distribution of the …
Persistent link: https://www.econbiz.de/10010933896
simultaneous equations is defined, free of endogeneity relating to the explanatory variables. The estimations on recent French data …
Persistent link: https://www.econbiz.de/10010821218