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simple investment model, based on Tobin’s q-theory is calibrated to Bulgarian data before and after the reform. Based on …
Persistent link: https://www.econbiz.de/10012225689
distributions for parameters of significance were used for model evaluation. Results: The outcome variable (number of guests), was …
Persistent link: https://www.econbiz.de/10012217531
this end, within the stochastic frontier framework, we employ true fixed effects model, where the unobserved bank … inefficiency correlates, we first adopt a search algorithm and then utilize the model averaging approach to verify that our results … are not exposed to model selection bias. Overall, our empirical results reveal that cost efficiencies of Turkish banks …
Persistent link: https://www.econbiz.de/10012217549
This paper considers the estimation of dynamic threshold regression models with fixed effects using short panel data. We examine a two-step method, where the threshold parameter is estimated nonparametrically at the N-rate and the remaining parameters are estimated by GMM at the ÍN-rate. We...
Persistent link: https://www.econbiz.de/10012696238
Persistent link: https://www.econbiz.de/10011994996
Using a quasi-experimental design with pooled cross section over time model, this paper explore the effect of the … to offset the decline of the income (substitution effect is larger than income effect). The model suggest that the …
Persistent link: https://www.econbiz.de/10011966827
Using firm-level data, this study explores the microeconomic factors affecting global value chain (GVC) participation in Zimbabwe. GVCs are important as a result of the fragmentation of global production across countries. As expected, firm size and credit financing are important determinants in...
Persistent link: https://www.econbiz.de/10014001520
This paper examined a set of over two thousand crypto-coins observed between 2015 and 2020 to estimate their credit risk by computing their probability of death. We employed different definitions of dead coins, ranging from academic literature to professional practice; alternative forecasting...
Persistent link: https://www.econbiz.de/10014332505
Discriminant Analysis (MDA) and Probit techniques are employed in the estimation of Z-Score and X-Score models, whereas Logit … this paper is to develop a bankruptcy prediction model for Indian manufacturing companies on a sample of 208 companies … 78 are holdout for model validation. The study reestimates the accounting based models such as Altman EI (Journal of …
Persistent link: https://www.econbiz.de/10011808214
compared with the Logit model to determine the reliability of the DEA method. Also, an optimal cut-off point for the ADD model … and Logit model was determined. The main conclusion is that the DEA method is a suitable alternative for predicting the … failure of the analysed sample of businesses. In contrast to the Logit model, its results are independent of any assumptions …
Persistent link: https://www.econbiz.de/10012611423