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Economic growth is driven by technical change. Understanding the many factors that influence technical change is therefore key to an understanding of economic growth and its potential. Technical change has two aspects first, it has to be generated, and second, it has to be implemented....
Persistent link: https://www.econbiz.de/10005037856
The paper questions the appropriateness of the practice known as 'error-autocorrelation correcting' in linear regression, by showing that adopting an AR(1) error formulation is equivalent to assuming that the regressand does not Granger cause any of the regressors. This result is used to...
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Individuals, on average, tend to overestimate the amount of fat contained in meat products. Misperceptions of the fat content are greatest for pork products, averaging 11.1 percentage points higher than the actual fat content. The perceived percentage fat content of beef products averaged 6.6...
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This paper addresses the specification of the econometric models used in the paper “Level of Development, Rate of Economic Growth, and Income Inequality†by Jih Y. Chang and Rati Ram (2000). We find that when accounting for regional heterogeneity, the Kuznets hypothesis no longer...
Persistent link: https://www.econbiz.de/10008484425
Purpose: Since the emergence of e-commerce uprooted traditional brick-and-mortar retail in the early 2000s, many retailers have reacted by first independently servicing both the online and in-store channels (multichannel retailing) and subsequently integrating both channels to provide a...
Persistent link: https://www.econbiz.de/10012070051
The first part of this doctorate dissertation examines the factors influencing the occurrence and costs of pinhole leak corrosion as well as the household decisions for corrosion prevention and plumbing material selection. Three mail surveys of households were used to elicit the experiences with...
Persistent link: https://www.econbiz.de/10009433948