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In a recent article, Nowak-Lehmann, Dreher, Herzer, Klasen, and Martínez-Zarzoso (2012) (henceforth NDHKM) conclude that foreign aid has not had a significant effect on income, based on evidence from panel data potentially covering 131 countries over the period 1960-2006. The present study...
Persistent link: https://www.econbiz.de/10009765443
), Corporate Scandals and Regulation, Journal of Accounting Research 56(2): 617–671: a brief overview of the country's historical … the episodes of corporate scandals and (accounting) regulation that we identified (including a few illustrative examples …
Persistent link: https://www.econbiz.de/10012934134
In theory, network profits are independent of the reciprocal termination rates when operators charge nondiscriminatory … regulation. In our example, the termination rates have been part of a vertical restriction strategy. The observed network … competition, rest on a cost-based asymmetric price regulation. The further research allows a statistical assessment of the …
Persistent link: https://www.econbiz.de/10012012970
Persistent link: https://www.econbiz.de/10014301553
We present in this paper the panel econometrics estimation approach of measuring the technical change and total factor productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic variances has been used for the estimation of...
Persistent link: https://www.econbiz.de/10003323158
We present in this paper the panel econometrics estimation approach of measuring the technical change and total factor productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic variances has been used for the estimation of...
Persistent link: https://www.econbiz.de/10012780059
aggregation and empirical misspecification, relying on both theory and empirical evidence. Using data for a stylised aggregate …
Persistent link: https://www.econbiz.de/10009419804
The empirical literature on the relationship between inequality and growth offers a contradictory assessment: Estimators based on time-series variation indicate a positive link while estimators (also) exploiting the cross-sectional variation suggest a negative relationship. The present paper (i)...
Persistent link: https://www.econbiz.de/10013115713
In Lisbon the European Council proclaimed a European growth strategy. It considers an average economic "growth rate of around 3 percent as a realistic prospect for the coming years" and assigns public finances an important role in the process of achieving this goal. This paper addresses the...
Persistent link: https://www.econbiz.de/10013319727
This paper disaggregates energy consumption and GDP data according to end-use to analyze a broad number of developed and developing countries grouped in panels by similar characteristics. Panel long-run causality is assessed with a relatively under-utilized approach recommend by Canning and...
Persistent link: https://www.econbiz.de/10014159365