Showing 61 - 70 of 35,993
We propose a new methodology to estimate the share of household income accruing to children (i.e., the cost of children). Following the principle of the Rothbarth approach, the identification of the children's share requires the observation of at least one adult-specific good. However, our...
Persistent link: https://www.econbiz.de/10013152955
The fund size is highly persistent and correlated with risk factor loadings. Hence, it is unrealistic to assume constant diseconomies of scale over a long time. The traditional two-step method underestimates the uncertainty of diseconomies of scale. We propose a one-step procedure with a random...
Persistent link: https://www.econbiz.de/10012840104
Boussemart et al. (2009, 2010, 2018) propose to identify a global α-returns to scale that allows to minimise the inefficiency of the production set. This paper extends this notion to the concept of specific α-returns to scale. In such case, it is possible to identify the impact of each input...
Persistent link: https://www.econbiz.de/10012842484
Economic growth is frequently explained by an increase in the quantity of production. However, economic growth is an increase in the productive capacity of an economy and it is explained by an outward shift of production possibility frontier. The aim of this study is to measure economic growth...
Persistent link: https://www.econbiz.de/10012955214
We consider how size matters for banks in three size groups: small community banks with assets less than $1 billion, large community banks with assets between $1 billion and $10 billion, and midsize banks with assets between $10 billion and $50 billion. To illustrate the differences between...
Persistent link: https://www.econbiz.de/10012899819
The paper uses data envelope analysis model to measure the scale effect of agricultural SMEs exporting in Vietnam in the period of 2010 - 2015 and use the Tobit regression model to assess the impact of factors such as region, domain, inventory, salary, capital, tax to affect the scale of...
Persistent link: https://www.econbiz.de/10012867295
In this paper we characterise the propensity of big capital investments to systematically deliver poor outcomes as "fragility," a notion suggested by Nassim Taleb. A thing or system that is easily harmed by randomness is fragile. We argue that, contrary to their appearance, big capital...
Persistent link: https://www.econbiz.de/10012969894
We propose a novel modification to the popular principal component analysis (PCA) by scaling each predictor with its predictive slope on the target to be forecasted. Unlike the PCA that maximizes the common variation of predictors, our scaled PCA, sPCA, puts more weights on those predictors that...
Persistent link: https://www.econbiz.de/10012849774
Stevens redefined measurement as “the assignment of numerals to objects and events according to a rule.” Using this … definition, he defined four scales of measurement (nominal, ordinal, interval, and ratio) and set out criteria for the … it is not grounded in either science or mathematics and confuses measurement with labeling and mathematization …
Persistent link: https://www.econbiz.de/10012856736
Persistent link: https://www.econbiz.de/10012519113