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firms in order to verify whether the effect of innovative capacity – measured by R&D expenditures – varies along the … conditional distribution of the export intensity, after controlling for censoring and potential endogeneity of the innovation … variable. We confirm that R&D expenditures positively affect export intensity and we find that such effect has a bell shaped …
Persistent link: https://www.econbiz.de/10010885022
estimation procedure. We derive invariance properties with respect to the reformulation of the dependent variable. We propose a …
Persistent link: https://www.econbiz.de/10005212564
This lecture explores conditions under which there is identification of the impact on an outcome of exogenous variation in a variable which is endogenous when data are gathered. The starting point is the Cowles Commission linear simultaneous equations model. The parametric and additive error...
Persistent link: https://www.econbiz.de/10005342177
regressions, and correcting for the endogeneity of schooling decisions using a control function approach. Our proposal enables us …
Persistent link: https://www.econbiz.de/10009399782
, using data on male workers from the 2001 wave of the European Community Household Panel. The issue of schooling endogeneity …
Persistent link: https://www.econbiz.de/10005822766
adjusts for endogeneity by adopting a control function approach and presents a simple two-step estimator that exploits the … partially linear structure of the model. The first step consists of estimation of the residuals of the reduced-form equation for … the endogenous explanatory variable. The second step is series estimation of the primary equation with the reduced …
Persistent link: https://www.econbiz.de/10005130190
endogeneity of schooling decisions using a control function approach. This makes it possible to isolate the effect on the wage …
Persistent link: https://www.econbiz.de/10010617636
allowing for the endogeneity of schooling, using the control function approach proposed by Lee (2007). Using household data … earnings distribution. It is also found that accounting for the endogeneity of schooling leads to a higher rate of return to …
Persistent link: https://www.econbiz.de/10008678684
An exogenous impact function is defined as the derivative of a structural function with respect to an endogenous variable, other variables, including unobservable variables held fixed. Unobservable variables are fixed at specific quantiles of their marginal distributions. Exogenous impact...
Persistent link: https://www.econbiz.de/10005119107
We analyze the well-known issue of economic growth convergence using quantile regres- sion. Most previous studies have used a least squares (LS) method or variation, which focuses on the issue only at the mean of the growth rate. Therefore, such results cannot provide a satisfactory answer to...
Persistent link: https://www.econbiz.de/10011191559