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using Bayesian methods, before calculating posterior model probabilities to select the best model. Our results demonstrate …
Persistent link: https://www.econbiz.de/10011515681
The role of the housing market in the everyday life of society is difficult to overestimate. The housing rents and prices directly affect standard of living of virtually every person. Housing loans constitute the largest liability of households and account for a large proportion of bank lending....
Persistent link: https://www.econbiz.de/10011505867
This empirical paper wants to analyze determinants for regional differences in German unemployment rates using a spatial panel model. The analysis of regional differences is of particular interest in the German case due to its specific history. Twenty-two years after German reunification, there...
Persistent link: https://www.econbiz.de/10011522646
Leasing is an effective method of using agricultural land in Romania? This paper will answer this question, it will analyze the impact assessment produced by leasing land, the benefit to the farmer concerned. Take into account the causes of the lease, such as inability plot work, the health of...
Persistent link: https://www.econbiz.de/10011590592
Economic efficiency is defined by the obtaining of useful economic effects, provided that material, human and financial resources are used rationally. Thus, in general terms, economic efficiency can be defined as the connection between the useful effects obtained from a certain economic activity...
Persistent link: https://www.econbiz.de/10012058727
We analyze the influence of newly constructed globalization measures on regional growth for the EU-27 countries between 2001 and 2006. The spatial Chow-Lin procedure, a method constructed by the authors, was used to construct on a NUTS-2 level a complete regional data for exports, imports and...
Persistent link: https://www.econbiz.de/10011540876
Added and Labor Cost) and jointly modeled in order to exploit their correlation. We adopt a Bayesian approach to inference …
Persistent link: https://www.econbiz.de/10011535413
rates in conjunction with Bayesian model comparison methods. A second step uses a Bayesian space-time panel data model to …
Persistent link: https://www.econbiz.de/10011518150
step calculates Bayesian probabilities for various assignments of regions to two clubs using a general stochastic space …
Persistent link: https://www.econbiz.de/10011685263
We use a neoclassical production function to analyze the effects of knowledge spillovers via entrepreneurship on economic performance of 337 German districts. To take the spatial dependence structure of the data into account, we estimate a spatial Durbin model. We highlight the importance of the...
Persistent link: https://www.econbiz.de/10011555808