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The objective of this article is to compare the size and power properties of two modifications of the KPSS test of Kwiatkowski <italic>et al</italic>. (1992) proposed by Sul <italic>et al</italic>. (2005) and by Harris <italic>et al</italic>. (2007), using Monte Carlo simulations, in order to decide which version to use in applied research. The...
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This article examines how globalization and industrialization offered the nations of the European periphery opportunities to develop exports in sectors where they enjoyed a comparative advantage. As a case in point, we consider Spanish exports of Mediterranean horticultural products (MHP). Two...
Persistent link: https://www.econbiz.de/10008465592
This paper analyzes wood consumption in Britain over the period 1850–1938. We calculate the apparent consumption of wood, taking into account both net imports of wood and the home harvest. We then develop some quantitative exercises that correlate wood consumption with GDP, with prices of wood...
Persistent link: https://www.econbiz.de/10011043632
This article analyses not only the determinants of the height of Spain's male populations between 1859 and 1960 but also the influence that social inequality had upon biological well-being. The height data of 82,039 conscripts constitute the principal source for this analysis. The study area...
Persistent link: https://www.econbiz.de/10011117731
The main objective of this letter is to compare two concepts of the power of a test developed in the literature on non-nested hypotheses. Using Monte Carlo techniques it is shown that both definitions of power are asymptotically equivalent, but for small samples they differ in some cases very...
Persistent link: https://www.econbiz.de/10009213347
In this paper the behaviour of various non-nested hypothesis testing procedures are studied, namely the J and JA tests and the same bootstrap-adjusted tests, using graphical methods. These methods are the P value plot, the P value discrepancy plot and the size-power graph. The size and power of...
Persistent link: https://www.econbiz.de/10009207868
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