A manual is designed to support and help the basic concepts of statistics and its implications in econometric, beside this, interpretation of further statistical techniques have been shown as well by illustrations and graphical methods. It is comprised on several instances of test, obtained from...

A possibility of the existence of a discontinuity of Prelec’s (probability weighting) function at the probability p = 1 is discussed. This possibility is supported by the purely mathematical theorems and the “certain–uncertain” inconsistency of the random–lottery incentive experiments....

The archipelagic geography and demography of Indonesian people due to the way people serve food and drinks on the table is analyzed. Statistically some properties about the food recipes are observed, while the analysis is followed by the methodology to see the clustering of the food and beverage...

Vietnamese rice production has achieved remarkable success over last decades. By the land and market reforms, known as “Doi Moi”, in which there were noticeable changes in policies such as land and production system were transformed from collective to individual contract system in 1980s, the...

The present work is a part of a larger study on panel data. Panel data or longitudinal data (the older terminology) refers to a data set containing observations on multiple phenomena over multiple time periods. Thus it has two dimensions: spatial (cross-sectional) and temporal (time series). The...

This note analyzes the distributional properties of Pareto Type III random variables. The orignal two parameters distribution proposed by Pareto is expanded in a three parameters version and both its density and characteristic function are derived. The analytic expression of the inverse...

The Western Balkans integration within the EU has started a legal process which is the rejection of former communist legal/political approaches and the transformation of former communist institutions. Indeed, the EU agenda has brought vertical/horizontal integration and Europeanization of...

Präsenzlücken entlang der Supply Chain sind ein häufig auftretendes Phänomen im Handel mit erheblichen Auswirkungen auf Umsatz und Gewinn. Vor diesem Hintergrund sind entscheidungsunterstützende Informationen zur Identifikation von Dauer und Ausmaß dieser Präsenzlücken, sowie über...

In this note, the author describes different ways one could try to replicate Choi and Varian (Predicting the present with Google trends, The Economic Record, 2012).

In modelling macroeconomic time series, often a monthly indicator of global real economic activity is used. We propose a new indicator, named World steel production, and compare it to other existing indicators, precisely the Kilian's index of global real economic activity and the index of OECD...