Showing 541 - 550 of 615
The KPSS unit root test with lags is asymptotically valid and the fixed-b asymptotic distribution predicts its critical values well. A small positive number of lags improves the size of the test, without much loss in power.
Persistent link: https://www.econbiz.de/10010594154
This paper extends previous results on the equality of OLS and GLS. We give conditions under which GLS based on two different variance matrices gives the same estimate, and also conditions under which GLS equals a GMM estimator.
Persistent link: https://www.econbiz.de/10010594217
This paper considers a panel data model with time-varying individual effects. The data are assumed to contain a large number of cross-sectional units repeatedly observed over a fixed number of time periods. The model has a feature of the fixed-effects model in that the effects are assumed to be...
Persistent link: https://www.econbiz.de/10010662497
We consider stochastic frontier models in a panel data setting where there is dependence over time. Current methods of modelling time dependence in this setting are either unduly restrictive or computationally infeasible. Some impose restrictive assumptions on the nature of dependence such as...
Persistent link: https://www.econbiz.de/10010614866
Comparing the economic development and current situation of the internal markets of the U.S. and the EU, two things are noticeable. On the one hand, the EU is conducting massive regional policy programmes (notably the Structural Funds) to foster economic cohesion among the 27 nations belonging...
Persistent link: https://www.econbiz.de/10010575803
In order to combine a study of within-country value diversity and cross-country differences, we applied a person-centered approach. Instead of focusing on the distinct value items, respondents from the 33 European countries were classified on the basis of the whole set of Schwartz value items...
Persistent link: https://www.econbiz.de/10010714125
This study investigated relations of basic personal values to attitudes towards innovation among students in Russia, Canada, and Ñhina. Participants completed a questionnaire that included the SVS measure of values (Schwartz, 1992) and a new measure of attitudes towards innovation (Lebedeva,...
Persistent link: https://www.econbiz.de/10010714132
The objective of this research was to assess the mechanism through which the individual level components of social capital, that is, individuals‘ levels of trust, tolerance and civic identity affect their economic behavior. The sample of the study included 634 respondents aged 20 to 59. A...
Persistent link: https://www.econbiz.de/10010714138
This article examines the relationship between value orientations and entrepreneurial intention according to the reasoned action approach. The empirical base of this study are the results of a representative survey conducted in 2 regions of Russia (Central Federal District and the North...
Persistent link: https://www.econbiz.de/10010714155
Persistent link: https://www.econbiz.de/10008926067