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We analyze the United Nations commodities trade database (UN comtrade), comprised of international commodities exchanges in volume and price with monthly resolution. We introduce a trade impact index to quantify the impact, in terms of distance travelled, of importing a specific food raw...
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This paper deals with the identification of treatment effects when the outcome variable is ordered. If outcomes are measured ordinally, previously developed methods to investigate the impact of an endogenous binary regressor on average outcomes cannot be applied as the expectation of an ordered...
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estimating a finite mixture regression model for three different experimental data sets, two Swiss and one Chinese, over a large …. -- individual risk taking behavior ; latent heterogeneity ; finite mixture regression models …
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