This paper investigates the Generalized Empirical Likelihood (GEL) estimators when there are local violations of the exogeneity condition (near exogeneity) in the case of many weak moments. We also examine the tradeoff between the degree of violation of the exogeneity and the number of nearly...

This paper investigates the relationship between intra-industry trade (IIT) and immigration flows using a gravity model for the period 2000-2010 between Portugal and European Union’s Member States (EU-27). The present study uses the methodology of Kandogan (2003) for separating IIT into its...

Under the hypotheses IA and IB, OLS estimators are both linear and stationary. For it to provide the same minimum variance of all linear and stationary estimators and to take part of BLUE, it is necessary that the classical assumptions IIB and IIC should be available. As in the case of...

The macroeconomic indicators concern both the flows that are not fully or partially compensated over a time interval, which can be cumulated or integrated, and the stocks or funds identified in a particular moment. These indicators are addressed either as free real and nominal indicators, or as...

This paper aims to assess the operational efficiencies and technology gaps in hotel and guesthouse business in Thailand. The study classified the hotels and guesthouse into five groups with distinctive levels of operational technologies. A meta-frontier analysis is applied to evaluate the...

This study attempts to identify a stable money demand function for Pakistan’s economy, where the monetary aggregate is considered the nominal anchor. With evolving financial innovations and regulations, the stability of money demand has been the focus of numerous debates. Where earlier studies...

Recent literature has advanced the view that the Gibson paradox, or the positive correlation of the price level with nominal interest rates, is nearly always a gold standard phenomenon. We argue that the Gibson correlation is more accurately classified as a statistical artifact of commodity...

The aim of this paper is to reach the following objectives: to identify the determinants that have significant influence on life expectancy for European countries, in 2007; to measure the significance level of the influence of the determinants on life expectancy; to classify the European countries...

This 1977 paper is one of several by Alaouze about estimating Armington elasticities for the ORANI model. It postulates that during periods of high demand, domestic producers are unable to supply goods promptly and so purchasers must wait for delivery. The implicit cost of waiting for domestic...

This paper uses the gravity model to assess the determinants of intra- UEMOA trade flows and focuses on the impact of the wave of economic reforms of the 1980s and 1990s on internal trade. Furthermore, it computes trade potentials among UEMOA member nations. The model is tested for 1990-1994 and...