Showing 1 - 10 of 5,354
Energy market volatility affects macroeconomic conditions and can unduly affect the economies of energy-producing countries. Large price swings can be detrimental to both producers and consumers. Market volatility can cause infrastructure and capacity investments to be delayed, employment...
Persistent link: https://www.econbiz.de/10014161014
The aim of this paper is to analyze the effects of corruption and the shadow economy on innovation in the Spanish … regions between 2000 and 2012. For this purpose, we use different proxies to approximate corruption and the shadow economy. We … find evidence that corruption negatively influences innovation according to the results of the estimations. Regarding the …
Persistent link: https://www.econbiz.de/10012868937
While traditional empirical models using determinants like size and trade costs are able to predict RTA formation reasonably well, we demonstrate that allowing for machine detected non-linear patterns helps to improve the predictive power of RTA formation substantially. We employ machine...
Persistent link: https://www.econbiz.de/10012602123
In this paper, a crisis index for the oil price shock is defined and a neural network model is specified for the prediction of the crisis index. This paper contributes to the literature in three ways. First, we build an early warning system for crude oil price. Although the oil price became one...
Persistent link: https://www.econbiz.de/10012942887
The Coronavirus Disease 2019 (COVID-19) continues to be a constant threat in 2022 and is important to design appropriate vaccination campaigns to face next pandemic impacts driven by new variants. This study develops a Machine Learning experiment that shows, between countries, a rapid reduction...
Persistent link: https://www.econbiz.de/10014080956
between prediction accuracy rates, which are obtained by seven different machine learning algorithms and Corruption Perception … Index (CPI) levels. Findings - It has been statistically shown that the indices of countries with low corruption levels are …
Persistent link: https://www.econbiz.de/10014318195
effect is strengthened in countries with lower level of public sector corruption and better functioning legal systems …
Persistent link: https://www.econbiz.de/10011526622
This paper analyzes the relationship between gender and corruption, controlling for country-specific heterogeneity in a … the involvement of women in society and the absence of corruption. However, once country-fixed effects are acknowledged … corruption by 2.5 index points (scale from zero to ten). Surprisingly, the link between the share of women in the labor force and …
Persistent link: https://www.econbiz.de/10011376241
Following the attempt by Alesina and Guiliano (2013) to measure global culture and to project these measurements onto real choropleth geographical world maps, we utilize the data from the World Values Survey (WVS) to arrive at robust measurement scales of global economic, political and social...
Persistent link: https://www.econbiz.de/10010354745
This study shows that the relative size of the youth bulge matters for how corruption affects the internal stability of … a political system. We argue that corruption cannot buy political stability (e.g., the greasing hypothesis) in countries … find a negative interaction effect between the relative size of the youth population and corruption on internal political …
Persistent link: https://www.econbiz.de/10011474632