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This paper suggests and tests a simple stochastic growth model with international technological links, where growth could be driven either by exogenous or endogenous accumulation of technological knowledge. The main prediction of the model is that per capita output in different countries are...
Persistent link: https://www.econbiz.de/10013095871
We present a comprehensive framework for Bayesian estimation of structural nonlinear dynamic economic models on sparse grids. The Smolyak operator underlying the sparse grids approach frees global approximation from the curse of dimensionality and we apply it to a Chebyshev approximation of the...
Persistent link: https://www.econbiz.de/10003636133
Carbon abatement efforts in China are penetrating to sub-national level. Zhejiang province, as the 4th wealthy region in China and important player in global market (e.g., textiles, cloth, petroleum and chemical products), lacks in-depth study of its climate change mitigation efforts, especially...
Persistent link: https://www.econbiz.de/10014079993
Problem: How to help practitioners, academics, and decision makers use experimental research findings to substantially reduce forecast errors for all types of forecasting problems. Methods: Findings from our review of forecasting experiments were used to identify methods and principles that lead...
Persistent link: https://www.econbiz.de/10012914177
Calculation of vegetation indices, especially Normalized Difference Vegetation Index (NDVI), has become one of the most successful, popular and traditional attempts in biogeographical research methods, because NDVI has certain advantages over other vegetation indices or band combinations. The...
Persistent link: https://www.econbiz.de/10014108997
Persistent link: https://www.econbiz.de/10003773688
We provide an overview of recent empirical research on patterns of cross-country growth. The new empirical regularities considered differ from earlier ones, e.g., the well-known Kaldor stylized facts. The new research no longer makes production function accounting a central part of the analysis....
Persistent link: https://www.econbiz.de/10014024246
Persistent link: https://www.econbiz.de/10012264109
This paper presents a trend analysis of the Sustainable National Income (SNI) indicator for the Netherlands over the period 1990-2000. The SNI indicator, first proposed by Hueting, corrects net national income (NNI) for the costs to bring back environmental resource use to a 'sustainable' level....
Persistent link: https://www.econbiz.de/10012729291
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