This paper presents an application of the Generalised Error Correction Model (GECM) for heterogeneous factor demands based on the quadratic cost function. Using data for 26 West German manufacturing industries over the period 1976-1995, it turns out that less general specifications such as the...

The thoughts that an individual has about the future contribute substantially to their life satisfaction in a positive or negative direction. This is a result found via five different methods, some of which control for personality and disposition and the potential endogeneity of thoughts and...

This empirical investigation into life satisfaction, using nationally representative German panel data, finds a substantial association with an individual's thoughts about the future, whether they are optimistic or pessimistic about it. Furthermore, including individuals' optimism and pessimism...

This paper presents an application of the Generalised Error Correction Model (GECM) for heterogeneous factor demands based on the quadratic cost function. Using data for 26 West German manufacturing industries over the period 1976-1995, it turns out that less general specifications such as the...

In diesem Beitrag wird der deutsche Außenhandel mit Produkten der Agrar- und Ernährungswirtschaft in einem Gravitationsmodell analysiert. Ziel ist es, die relevanten Bestimmungsgründe für den Außenhandel mit diesen Produkten zu identifizieren und zu quantifizieren. Ein Schwerpunkt liegt in...

The deepening of the Barcelona Agreement and the discussions of the creation of a Mediterranean Union has awakened the interest of the non-EU Mediterranean countries to expand their exports to the European markets. This study analyses the factors that influence the German imports of olive oil by...