Showing 331 - 338 of 338
This paper develops a specification test for functional form for models identified by moment restrictions, including IV and GMM settings. The general framework is one where the moment restrictions are specified as functions of data, a finite-dimensional parameter vector, and a nonparametric real...
Persistent link: https://www.econbiz.de/10008838300
Within the affiliated private-values paradigm, we develop a tractable empirical model of equilibrium behaviour at first-price, sealed-bid auctions. The model is non-parametrically identified, but the rate of convergence in estimation is slow when the number of bidders is even moderately large,...
Persistent link: https://www.econbiz.de/10008838301
We use a spokes model to analyze ?ms?customization incentives when facing the choices of standard and niche products. Products at or near the end of the spokes are customized products, while products near the origin are more standardized products that cater to the taste of many consumers. Our...
Persistent link: https://www.econbiz.de/10011093635
The paper analyses the agricultural transformation in ten Central and Eastern European countries between 1990 and 2010. We provide evidence that despite of diversity of farm structure, heterogeneous preconditions in agricultural policy and economic policy reforms these countries follow the Lewis...
Persistent link: https://www.econbiz.de/10011106497
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Persistent link: https://www.econbiz.de/10011106498
In this paper, we comprehensively describe spatial patterns of long-term changes in Indian agriculture at the district level. Variables of concern include the land use intensity, the ratio of rice and wheat in areas under foodgrains, the ratio of non-foodgrains in gross cultivated area, the...
Persistent link: https://www.econbiz.de/10011166882
This paper explores the role of state capacity in the comparative economic development of China and Japan. Before 1850, both nations were ruled by stable dictators who relied on bureaucrats to govern their domains. We hypothesize that agency problems increase with the geographical size of a...
Persistent link: https://www.econbiz.de/10010895334
Indonesia has long been a major producer of minerals for international markets. Starting in 2014, it implemented legislation banning exports of unprocessed minerals and requiring producers to invest in processing facilities to add more value before export. This paper establishes what light past...
Persistent link: https://www.econbiz.de/10010895335