In this note, we provide the application of HCCME-type refinements to nonlinear GMM models with Bayesian interpretations.

In this article we survey military spending, the evolution of national defense policy, and the role that defense spending played in economic activities in Taiwan from 1952 to 2009. With the ongoing cross-Strait dialogue and closer commercial ties between Taiwan and China, the share of military...

This paper takes advantage of the Taiwan Education Panel Survey data set to empirically evaluate whether a student's academic performance, measured by his or her test score, is affected by the body weight status of the student. We show that a student's weight status has no impact on his or her...

This article investigates the relationship between foreign direct investment (FDI, including outward FDI and inward FDI), imports and exports, and product innovation. Our theoretical model predicts that inward FDI, outward FDI, imports, and exports have positive influences on firm innovative...

Horrace and Oaxaca (2001) treat the regressors in gender wage gap by industry measures as non-stochastic when computing the corresponding standard errors. However, the non-stochastic regressors assumption is thought to be inappropriate in modern econometrics. In this paper, we derive the correct...