Showing 1 - 10 of 16
The results highlight the importance of robustness tests in identifying predictors or potential determinants of population health, and cast doubts on the findings of previous studies that fail to do so. </AbstractSection> Copyright Springer-Verlag Berlin Heidelberg 2014
Persistent link: https://www.econbiz.de/10010993833
In this article we model production technology in a state-contingent framework. Our model analyzes production under uncertainty without regard to the nature of producer risk preferences. In our model producers? risk preferences are captured by the risk-neutral probabilities they assign to the...
Persistent link: https://www.econbiz.de/10010910947
Interpretation in nonlinear regression models that include sets of dummy variables representing categories of underlying categorical variables is not straightforward. Partial effects giving the differences between each category and the reference category are routinely computed in the empirical...
Persistent link: https://www.econbiz.de/10010953311
This paper estimates with the least trimmed least squares (LTS) a specification suitable to estimate the permanent growth effects of human capital, using educational attainment (H) as a proxy. Our results show that H has significant permanent growth effects but these are much smaller than in...
Persistent link: https://www.econbiz.de/10009220665
This article estimates using the Bayesian methods a Constant Elasticity of Substitution (CES) production function for Singapore for 1960--2009. It is found that the elasticity of substitution is 0.6, technical progress is labour augmenting and the Steady-State Growth Rate (SSGR) of Singapore is...
Persistent link: https://www.econbiz.de/10010548802
Persistent link: https://www.econbiz.de/10010833762
Persistent link: https://www.econbiz.de/10010833786
In this paper we model production technology in a state-contingent framework. Our model analyzes production under uncertainty without being explicit about the nature of producer risk preferences. In our model producers’ risk preferences are captured by the risk-neutral probabilities they...
Persistent link: https://www.econbiz.de/10010866057
According to Academic Ranking of World Universities, the world’s top 500 universities are owned by only 38 countries, with the US alone having 157 of them. This paper investigates the socioeconomic determinants of the wide performance gap between countries and whether the US’s dominance in...
Persistent link: https://www.econbiz.de/10005004512
Corruption is a widespread phenomenon, but relatively little is confidently known about its macroeconomic consequences. This paper explicitly models the transmission channels through which corruption indirectly affects growth. Results suggest that corruption hinders growth through its adverse...
Persistent link: https://www.econbiz.de/10005004513