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Short-term Forecasting of the COVID-19 Pandemic using Google Trends Data : Evidence from 158 Countries
Fantazzini, Dean - 2020
The ability of Google Trends data to forecast the number of new daily cases and deaths of COVID-19 is examined using a dataset of 158 countries. The analysis includes the computations of lag correlations between confirmed cases and Google data, Granger causality tests, and an out-of-sample...
Persistent link: https://www.econbiz.de/10012826063
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Estimating Benefits from Regional Amenities : Internal Migration and Life Satisfaction
Fasshauer, Angela - 2015
This paper is the first to link economic theory with empirical life-satisfaction analyses referring to internal migration. We derive an extension of the Roback (1982) model to account for benefits from regional amenities in the utility function, while controlling for income, housing costs, and...
Persistent link: https://www.econbiz.de/10013023261
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Does wealth bring happiness?
Altin, Hakan - In: Cogent economics & finance 11 (2023) 2, pp. 1-13
The main purpose of this study is to determine the relationship between wealth and happiness. The study, which uses the … 2023 World Happiness Report, uses data from 74 countries. For this purpose, three static and two dynamic models are … estimated in a panel data environment. According to all three models, wealth is a factor of happiness. However, happiness cannot …
Persistent link: https://www.econbiz.de/10014501172
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Modelling the Fisher hypothesis: World wide evidence
Herwartz, Helmut; Reimers, Hans-Eggert - 2006
In this paper we follow an empirical approach to examine the implications of the Fisher hypothesis, namely cointegration linking interest rates and inflation, and stationarity of the real interest rate implying in turn homogeneity of the potential equilibrium relation. The considered sample is...
Persistent link: https://www.econbiz.de/10010296257
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Structural Differences in Economic Growth
Basturk, Nalan; Paap, Richard; van Dijk, Dick - 2008
This paper addresses heterogeneity in determinants of economic growth in a data-driven way. Instead of defining groups of countries with different growth characteristics a priori, based on, for example, geographical location, we use a finite mixture panel model and endogenous clustering to...
Persistent link: https://www.econbiz.de/10010325727
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A pair-wise approach to testing for output and growth convergence
Pesaran, Mohammad Hashem - 2004
This paper proposes a pair-wise approach to testing for output convergence that considers all N(N-1)/2 possible pairs of log per capita output gaps across N economies. A general probabilistic definition of output convergence is also proposed, which suggests that all such output gap pairs must be...
Persistent link: https://www.econbiz.de/10010276156
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A Pair-Wise Approach to Testing for Output and Growth Convergence
Pesaran, Mohammad Hashem - 2004
This paper proposes a pair-wise approach to testing for output convergence that considers all N(N-1)/2 possible pairs of log per capita output gaps across N economies. A general probabilistic definition of output convergence is also proposed, which suggests that all such output gap pairs must be...
Persistent link: https://www.econbiz.de/10010276183
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A dynamic causality study between electricity consumption and economic growth for global panel : evidence from 76 countries
Hossain, Md. Sharif; Saeki, Chikayoshi - 2012
This paper empirically examines the dynamic causal relationships between electricity consumption and economic growth for five different panels (namely high income, upper middle income, lower middle income, low income based on World Bank income classification and global) using time series data...
Persistent link: https://www.econbiz.de/10009690044
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Do business visits cause productivity growth?
Tani, Massimiliano; Joyeux, Roselyne - 2013
The production and diffusion of knowledge have increasingly been seen as potential causes of the observed international differences in total factor productivity and, in turn, as possible sources of economic growth. This paper presents the results of a causality study between business visits and...
Persistent link: https://www.econbiz.de/10010228788
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Do Financial Systems Converge?
Antzoulatos, Angelos A. - 2011
We apply the new panel convergence methodology developed by Phillips and Sul (Econometrica, 2007) on thirteen financial development indices from the World Bank's Financial Development and Structure database, to test for financial system convergence across a large set of industrial and developing...
Persistent link: https://www.econbiz.de/10013134631