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Tunneling behavior, which is defined as the transfer of assets and profits out of a firm for the benefit of the firms controlling shareholders, has become the focus of increasing attention in the theoretical and empirical literature. There are some corporate governance procedures, however, that...
Persistent link: https://www.econbiz.de/10009428815
Limited dependent variable (LDV) panel data models pose substantial challenges in maximum likelihood estimation. The likelihood function in such models typically contains multivariate integrals that are often analytically intractable. To overcome such problem in a panel probit model with...
Persistent link: https://www.econbiz.de/10009428836
This dissertation consists of three essays that study the industrial organization of Chinas manufacturing sector from an empirical perspective. It focuses on applying industrial organization theory and econometrics to the analysis of the effects of market forces and globalization forces on the...
Persistent link: https://www.econbiz.de/10009428891
This dissertation contains three essays that combine applied models, institutional analysis and empirical work in order to understand developments in the Russian and Caspian energy sector following the breakup of the former Soviet Union. In the first essay entitled Partial Privatization:...
Persistent link: https://www.econbiz.de/10009428897
In my thesis I address two questions regarding the aluminum market in China. The first question analyzes the degree to which the Chinese aluminum market is integrated into the world market. I use the Johansen test for cointegration of time series data in SAS statistical software to compare the...
Persistent link: https://www.econbiz.de/10009428951