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Barriers to prosperity: Developing countries and the need for trade liberalisation

Mohan, Sushil; Khorana, Sangeeta; Choudhury, Homagni - 2012

Trade expert Sushil Mohan, in a paper published by the IEA, argues that non-tariff barriers are an important impediment to trade for less developed countries and need to be brought to the forefront of the trade debate.Non-tariff barriers are an important impediment to trade for less developed...

Persistent link: https://www.econbiz.de/10015334084

Large panels with common factors and spatial correlations

Pesaran, Mohammad Hashem; Tosetti, Elisa - 2007

This paper considers the statistical analysis of large panel data sets where even after condi-tioning on common observed effects the cross section units might remain dependently distrib-uted. This could arise when the cross section units are subject to unobserved common effects and/or if there...

Persistent link: https://www.econbiz.de/10010276213

Weak and strong cross section dependence and estimation of large panels

Chudik, Alexander; Pesaran, Mohammad Hashem; Tosetti, Elisa - 2009

This paper introduces the concepts of time-specific weak and strong cross section dependence. A double-indexed process is said to be cross sectionally weakly dependent at a given point in time, t, if its weighted average along the cross section dimension (N) converges to its expectation in...

Persistent link: https://www.econbiz.de/10010276230

Stochastic Frontier Models for Long Panel Data Sets: Measurement of the "Underlying Energy Efficiency" for the OECD Countries

Filippini, Massimo; Tosetti, Elisa - 2014

In this paper we propose a general approach for estimating stochastic frontier mod- els, suitable when using long panel data sets. We measure efficiency as a linear combi- nation of a finite number of unobservable common factors, having coefficients that vary across firms, plus a time-invariant...

Persistent link: https://www.econbiz.de/10011753262

Weak and strong cross section dependence and estimation of large panels

Chudik, Alexander; Pesaran, Hashem; Tosetti, Elisa - 2009

This paper introduces the concepts of time-specific weak and strong cross section dependence. A double- indexed process is said to be cross sectionally weakly dependent at a given point in time, t, if its weighted average along the cross section dimension (N) converges to its expectation in...

Persistent link: https://www.econbiz.de/10011605146

Generalized reduced rank regression

Hansen, Peter Reinhard - 2002

I introduce a technique to estimate parameters in regressions with reduced rank parameters in a general setting. The framework can handle a general class of parameter restrictions and allows for specifications with heteroskedastic and autocorrelated regression errors. Applications of this...

Persistent link: https://www.econbiz.de/10010318886

Consistent estimation of global VAR models

Mutl, Jan - 2009

In this paper, I propose an instrumental variable (IV) estimation procedure to estimate global VAR (GVAR) models and show that it leads to consistent and asymptotically normal estimates of the parameters. I also provide computationally simple conditions that guarantee that the GVAR model is stable.

Persistent link: https://www.econbiz.de/10010293999

A nonlinear panel model of cross-sectional dependence

Kapetanios, George; Mitchell, James; Shin, Yongcheol - 2010

This paper proposes a new panel model of cross-sectional dependence. The model has a number of potential structural interpretations that relate to economic phenomena such as herding in financial markets. On an econometric level it provides a flexible approach to the modelling of interactions...

Persistent link: https://www.econbiz.de/10010280753

Trade Liberalization and Developing Countries under the Doha Round

Francois, J.; van Meijl, H.; van Tongeren, F. - 2003

. Our Doha scenarios include agriculture, manufactures, and services liberalization, and trade facilitation. With …

Persistent link: https://www.econbiz.de/10010324865

Klimaanpassung in Land- und Forstwirtschaft: Ergebnisse eines Workshops der Ressortforschungsinstitute FLI, JKI und Thünen-Institut

Schimmelpfennig, Sonja; Heidecke, Claudia; Beer, Holger; … - 2018

bieten aber auch Chancen für die deutsche Landwirtschaft, vor allem für den Pflanzenbau. Im Vergleich zu anderen Regionen der … Wettbewerbsfähigkeit der deutschen Landwirtschaft an den Weltagrarmärkten zu verbessern. Zum Teil kann durch eine Anpassung der … departmental research and the future challenges of adaptation to climate change in German agriculture and forestry. German …

Persistent link: https://www.econbiz.de/10011796107