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The presence of structural breaks can seriously affect the outcome of standard regression methods like OLS. Although there are many methods available to deal with them, we focus here on a particular linear filtering method, namely the Kalman Filter. Its results vis a vis a regular OLS approach...
Persistent link: https://www.econbiz.de/10005304478
R&D based models relating technical change and economic growth have been unsuccessful in explaining the recent productivity paradox: R&D efforts have risen continuously in advanced countries during the postwar period whereas productivity growth has, if anything, declined. Several explanations of...
Persistent link: https://www.econbiz.de/10005304562
The cost-minimization part of a specific factors model with perfect capital movements and production externalities for both perfect and imperfect competition is used here to explain the growth rate of wages as a function of technical change, terms of trade or import changes, interest rate...
Persistent link: https://www.econbiz.de/10005304565
The cost-minimization part of a specific factors model with perfect capital movements and both perfect and imperfect competition is used here to explain the growth rate of wages as a function of technical change, terms of trade changes, interest rate changes and the growth rate of the labour...
Persistent link: https://www.econbiz.de/10005304606
The sectoral shift hypothesis in the Netherlands cannot be easily tested for the presence of rigorous structural breaks in the data. Therefore, a Kalman Filter approach is adopted. What we find, is that the variables capturing the sectoral shift hypothesis are the most important in explaining...
Persistent link: https://www.econbiz.de/10005168926
Traditionally, management accounting has been regarded as a monodisciplinary field of study that mainly focuses on calculating costs and prices. Today, it is seen that the field encompasses an ever-increasing number of knowledge domains including, for example, economics, sociology, psychology,...
Persistent link: https://www.econbiz.de/10005278834
Purpose – The purpose of this paper is to identify some of the dilemmas involved in the debate on the how, when and why of mixed methods research. Design/methodology/approach – The authors' starting point is formed by developments in the philosophy of science literature, and recent...
Persistent link: https://www.econbiz.de/10009274318
Persistent link: https://www.econbiz.de/10010621312
Action learning programmes are supposed to result in both personal and organizational development. However, organizational development can be negligible because, as the term implies, a connection must be secured between what has been learned by action learning participants and other members of...
Persistent link: https://www.econbiz.de/10010621349
Becoming a ‘winning organization’ when one currently is an ‘ugly ducking’ can be a difficult and strenuous task. BAT Niemeyer in the Netherlands succeeded in making such a transformation over the course of four years. Action learning was used, among other methods, to steer part of this...
Persistent link: https://www.econbiz.de/10010621396