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This paper compares different versions of the simulated counterparts of the Wald test, the score test, and the likelihood ratio test in the multiperiod multinomial probit model. Monte Carlo experiments show that the simple form of the simulated likelihood ratio test delivers the most favorable...
Persistent link: https://www.econbiz.de/10011447384
business transfers from the German Inheritance Tax Statistic and combine them with a simulation of the future development of …
Persistent link: https://www.econbiz.de/10010425607
expectations concerning sales, prices, demand, profit and employment cannot be found. Binary probit model estimation results … bivariate probit model with sample selection estimation results show. In general, item-nonresponse tends to be higher for online-respondents. …
Persistent link: https://www.econbiz.de/10011446757
In this paper it is tested which of the various alternative approaches for constructing knowledge spillover pools suggested in existing literature measures the extent to which a firm can costlessly receive external knowlegde best. Since knowledge spillovers are unmeasurable, a 'goodness of fit'...
Persistent link: https://www.econbiz.de/10011443497
founded between 1994 and 1999. The estimation results indicate that the effect of limited liability depends upon firms …
Persistent link: https://www.econbiz.de/10011445915
direction of technical change is relevant in the estimation of aggregate CES and translog production functions. In particular, I …
Persistent link: https://www.econbiz.de/10010462681
for spatial heterogeneity. In particular, Bayesian and Maximum-Likelihood (ML) estimation methods are employed for model … estimation can be achieved by controlling for both phenomena. -- Spatial econometrics ; Bayesian spatial econometrics ; Spatial …
Persistent link: https://www.econbiz.de/10003922966
The study of the innovative output of firms often relies on a count of patents filed at one single office of reference such as the European Patent Office (EPO). Yet, not all firms file their patents at the EPO, raising the specter of a selection bias. Using a novel dataset of the whole...
Persistent link: https://www.econbiz.de/10009509662
between preferences and wages is key. To overcome this restriction, we propose a flexible estimation strategy that nests …
Persistent link: https://www.econbiz.de/10010366933
Dieser Beitrag stellt ausgew ahlte Ergebnisse des vom Zentrum für Europäische Wirtschaftsforschung (ZEW) im Auftrag des IAB und des Ministeriums für Arbeit und Soziales Rheinland-Pfalz bearbeiteten Forschungsprojekts "Arbeitsplatzeffekte gemeinnütziger Arbeitnehmerüberlassungen in...
Persistent link: https://www.econbiz.de/10011441728