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The poor economic performance and growth of ECOWAS economies have become so challenging and this has necessitated research and discussions. Experts have argued that the relationship between trade and economic growth in the ECOWAS region is unclear and the question of whether trade promotes...
Persistent link: https://www.econbiz.de/10011961659
This study empirically explores the effects of bank funding diversity on Vietnamese commercial banks' profitability and risk in the context of the COVID-19 pandemic. The panel regression method was used to analyze quarterly data from 27 Vietnamese commercial banks from Q1-2016 to Q1-2021. The...
Persistent link: https://www.econbiz.de/10014527685
This paper proposes a new approach to identification of the semiparametric multinomial choice model with fixed effects. The framework employed is the semiparametric version of the traditional multinomial logit with the fixed-effects model (Chamberlain (1980)). This semiparametric multinomial...
Persistent link: https://www.econbiz.de/10014536856
We consider fixed-effects binary choice models with a fixed number of periods T and regressors without a large support. If the time-varying unobserved terms are i.i.d. with known distribution F, Chamberlain (2010) shows that the common slope parameter is point identified if and only if F is...
Persistent link: https://www.econbiz.de/10014536867
Expectations affect economic decisions, and inaccurate expectations are costly. Expectations can be wrong due to either bias (systematic mistakes) or noise (unsystematic mistakes). We develop a framework for quantifying the level of noise in survey expectations. The method is based on the...
Persistent link: https://www.econbiz.de/10014536881
We use a dynamic panel Tobit model with heteroskedasticity to generate forecasts for a large cross-section of short time series of censored observations. Our fully Bayesian approach allows us to flexibly estimate the cross-sectional distribution of heterogeneous coefficients and then implicitly...
Persistent link: https://www.econbiz.de/10014536986
Logistics in trade has a pivotal role in the economic development and in the competitiveness of countries. This study aims to provide a strong empirical evidence in linking logistics performance with trade flows in the ASEAN region using panel data methods in an augmented gravity model. The...
Persistent link: https://www.econbiz.de/10014542163
With the increase in the health-related issues among the population, the number of hospitals, and the R&D into the medical science, the budget allocation for health has increased in the ASEAN region. However, in- creased activity related to healthcare also contributed to ecological degradation....
Persistent link: https://www.econbiz.de/10014544408
This paper examines asymmetries in the J-curve effects of real exchange rate on Kenya's trade balance by using panel data for bilateral trade with 30 trading partners. The data covers the period from 2006q1 to 2018q4 and the Pooled Mean Group (PMG) estimation technique, under both the linear and...
Persistent link: https://www.econbiz.de/10014547742
This paper introduces the 2018 wave of the Egypt Labor Market Panel Survey (ELMPS), previously fielded in 1998, 2006, and 2012. The ELMPS has already become the primary source of data for a large number of scholarly and policy studies on the labor market and human development issues in Egypt,...
Persistent link: https://www.econbiz.de/10014552484