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In this paper, we perform an extensive Monte Carlo study of the finite sample properties of different estimators for panel data sample selection models. The estimators investigated are various two-step estimators and maximum likelihood estimators with simultaneous equations for the samle...
Persistent link: https://www.econbiz.de/10005652444
This paper examines the major economic and institutional factors underlying the surge in foreign direct investment (FDI) flows to Mexico during the 1990s. It presents evidence that indicates that market-friendly economic reforms and major changes in the institutional-legal status of foreign...
Persistent link: https://www.econbiz.de/10005641776
This paper examines the Granger causality between total expenditures, own source revenues, grants received from the State and long-term loans for 12 subgroups of Finnish municipalities. Two panel data sets that cover the years 1985-1992 and 1993-1999 are used in order to compare the effect of...
Persistent link: https://www.econbiz.de/10005545937
Hungarian Abstract: A 2008-as évhez kötődő pénzügyi és gazdasági válság számos szabályozási kérdést vetett fel világszerte. Természetes reakcióként a jogalkotók a pénzügyi piacok egyes intézményeire, illetve azok egyes szereplőire vonatkozó szabályok gyors...
Persistent link: https://www.econbiz.de/10013043397
also investigated. The conclusion which came out was, on one side that the export growth in Romania since 2007 is mainly … export developments of the country. On the other side, the significant imports growth was due to strong reduction in …
Persistent link: https://www.econbiz.de/10009650791
In this paper we investigate the relationship between sustainability and economic growth starting from Stern (2006 …
Persistent link: https://www.econbiz.de/10010494609
In this paper we investigate the relationship between sustainability and economic growth starting from Stern (2006 …
Persistent link: https://www.econbiz.de/10010462537
, quality of life indicators and economic growth in the Italian regions. Previous studies stress the importance of institutional … literature, we consider a three-sector model of semi-endogenous growth with negative externalities depending on structural and … translation of innovation into economic growth. It is suggested that generating a development strategy designed to improve social …
Persistent link: https://www.econbiz.de/10009370176