Showing 1 - 10 of 167
Economists expect positive returns to investments in infrastructure. However a project with higher national returns might have less favourable effects on a regional level than the alternative. Therefore new infrastructure should also be assessed on a regional level, but econom(etr)ic evaluation...
Persistent link: https://www.econbiz.de/10010293987
We investigate the sensitivity of consumer surplus estimates to parametric assumptions on individual preference heterogeneity in a discrete choice framework. We compare results from a parametric random coefficients logit model and a recently proposed nonparametric sieve estimator. In particular,...
Persistent link: https://www.econbiz.de/10010303001
The European Union (EU) provides grants to disadvantaged regions of member states to allow them to catch up with the EU average. Under the Objective 1 scheme, NUTS2 regions with a GDP per capita level below 75% of the EU average qualify for structural funds transfers from the central EU budget....
Persistent link: https://www.econbiz.de/10010273782
The paper analyzes the contribution of public capital to private output using several meta-analytical techniques. Both fixed and random effects models are estimated by Weighted Least Squares. Sample overlap across studies is explicitly controlled for by employing a full' Generalized Least...
Persistent link: https://www.econbiz.de/10010275668
This paper explores the complex process of rural development at the community level in the Philippines. From the complementation among the essential elements of rural development (social infrastructure, physical infrastructure, and financial services), linkages are traced towards the attainment...
Persistent link: https://www.econbiz.de/10010279702
This volume was prepared by Constantin Mang while he was working at the Ifo Institute. It was completed in 2014 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes a short introduction and four self-contained chapters that focus on ICT...
Persistent link: https://www.econbiz.de/10011698360
In this paper we apply two statistical models to the measurement of polarization to Israeli income data over the past decade in order to empirically detect income classes as sub-populations of incomes concentrated around an optimal number of poles. The statistical models compared are a...
Persistent link: https://www.econbiz.de/10010310638
In this paper we study income polarization by first comparing the efficiency of two statistical models to identify the number of poles in the income distribution empirically. The statistical models used are a multi-resolution analysis (MRA) and a log-normal approach (LNA). We then apply the...
Persistent link: https://www.econbiz.de/10010312012
We investigate the sensitivity of consumer surplus estimates to parametric assumptions on individual preference heterogeneity in a discrete choice framework. We compare results from a parametric random coefficients logit model and a recently proposed nonparametric sieve estimator. In particular,...
Persistent link: https://www.econbiz.de/10008702154
This paper explores the complex process of rural development at the community level in the Philippines. From the complementation among the essential elements of rural development (social infrastructure, physical infrastructure, and financial services), linkages are traced towards the attainment...
Persistent link: https://www.econbiz.de/10003554798