Showing 1 - 10 of 159
This paper extends the Laplace estimators proposed by Chernozhukov and Hong (2003) to incorporate the statistic that tests the overidentifying restrictions in the GMM. This information was previously ignored during parameter estimation in econometrics with Bayesian methods. The parameters and...
Persistent link: https://www.econbiz.de/10009441071
Firm panel data sets over the period 1993 to 2002 are used to estimate translog production functions with labour …
Persistent link: https://www.econbiz.de/10009443890
competition in export markets for manufactured goods. Export equations are estimated for a panel consisting of twenty major …
Persistent link: https://www.econbiz.de/10009468021
Properties of GMM estimators are sensitive to the choice of instruments. Usingmany instruments leads to high asymptotic asymptotic efficiency but can causehigh bias and/or variance in small samples. In this paper we develop and implementasymptotic mean square error (MSE) based criteria for...
Persistent link: https://www.econbiz.de/10009479998
This study proposes an alternative approach for examining volatility linkages between Standard & Poor's 500, Eurodollar futures and 30 year Treasury Bond futures markets using implied volatility from the three markets. Simple correlation analysis between implied volatilities in the three markets...
Persistent link: https://www.econbiz.de/10009448691
Technology transfer to the industrial sector for geopressured-geothermal technology has included diverse strategies, with successes and obstacles or roadblocks. Numerical data are tabulated in terms of response to the various strategies. Strategy categories include the following: feasibility...
Persistent link: https://www.econbiz.de/10009435412
This paper deals with the market for SO{sub 2} emission allowances over time and electric utility compliance choices. For currently high emitting plants ( 2.5 lb SO{sub 2}/MMBtu), the 1990 Clean Air Act Amendments (CAAA) provide for about twice as many SO{sub 2} allowances to be issued per year...
Persistent link: https://www.econbiz.de/10009435433
The city of Susanville, in response to an unemployment rate exceeding 20 percent and other related community needs, has embarked on a comprehensive effort in community and economic development. To improve the local job market, an effort is underway to enhance the competitive position of the...
Persistent link: https://www.econbiz.de/10009435442
oil stocks, demand, and trade in OECD countries. World oil production and OECD demand data are for the years 1970 through … 1992; OECD stocks from 1973 through 1992; and OECD trade from 1982 through 1992. Data for the United States are developed … published sources including International Energy Agency publications, the EIA International Energy Annual, and the trade press …
Persistent link: https://www.econbiz.de/10009435449
Classical economic base analysis is grounded in the concept that export activity drives the local economy and that economic impacts due to development can be traced to changes in the export base. Local government activities are frequently treated as a consequence of economic change, but no...
Persistent link: https://www.econbiz.de/10009435674