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This article provides finite sample conditions for the ratio of permanent to total inequality based on methods of Gottschalk and Moffitt (1994) to be equivalent to the Shorrocks <italic>R</italic> constructed with a Theil General Entropy Index. A simple test emerges of whether the two measures can be seen as...
Persistent link: https://www.econbiz.de/10010971379
<title>Abstract</title> This paper explores the external costs of domestic container transportation in Taiwan by analysing the origin and destination of current container cargoes. After reviewing an extensive literature survey of methods of external cost, a comparison of external costs between trucking and...
Persistent link: https://www.econbiz.de/10010973270
In this paper we examine the finite sample performance of two estimators one developed by Blundell, Chen, and Kristensen (2007) (BCK) and the other by Gagliardini and Scaillet (2007) (TIR). This paper focuses on the generalization and expansion of these estimators to a full nonparametric...
Persistent link: https://www.econbiz.de/10010880413
In the crowd security research area a primary concern is to identify the macro state of crowd behaviors to prevent disasters and to supervise the crowd behaviors. The entropy is used to describe the macro state of a self-organization system in physics. The entropy change indicates the system...
Persistent link: https://www.econbiz.de/10011264586
The primary goal of multivariate statistical process performance monitoring is to identify deviations from normal operation within a manufacturing process. The basis of the monitoring schemes is historical data that have been collected when the process is running under normal operating...
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"Everybody talks about financial innovation, but (almost) nobody empirically tests hypotheses about it." Frame and White (2004) The financial turmoil from 2007 onwards has spurred renewed debates on the "bright" and "dark" sides of financial innovation. Using bank-, industry- and country-level...
Persistent link: https://www.econbiz.de/10009652293