Showing 71 - 80 of 758,484
Purpose - This paper introduces previously missing financial components (efficiency, activity and size) in the assessment of the finance-investment nexus. Design/Methodology/Approach - VAR models in the perspectives of VECM and short-run Granger causality are employed. Usage of optimally...
Persistent link: https://www.econbiz.de/10013032577
Despite the widespread use of graphs in empirical research, little is known about readers' ability to process the statistical information they are meant to convey ("visual inference"). We study visual inference within the context of regression discontinuity (RD) designs by measuring how...
Persistent link: https://www.econbiz.de/10012792608
The paper introduces the appropriate within estimators for the most frequently used three-dimensional fixed effects panel data models. It analyzes the behavior of these estimators in the cases of no self-flow data, unbalanced data, and dynamic autoregressive models. The main results are then...
Persistent link: https://www.econbiz.de/10010500421
Heckman’s (1976, 1979) sample selection model has been employed in many studies of linear or nonlinear regression applications. It is well known that ignoring the sample selectivity problem may result in inconsistency of the estimator due to the correlation between the statistical errors in...
Persistent link: https://www.econbiz.de/10010857153
Understanding what determines Foreign Direct Investment (FDI) inflows remains a primary concern of economists and policy makers; yet, the uncertainty surrounding FDI theories and empirical approaches has created much ambiguity regarding the determinants of FDI. This paper undertakes an...
Persistent link: https://www.econbiz.de/10010943342
It is claimed that introducing flexibility in regulation is a sufficient condition for curbing the level of informality in the developing world. This dissertation tries to test the validity of this claim using data for 46 countries over the time period 1980-2008 to explore the dynamics between...
Persistent link: https://www.econbiz.de/10009211209
matching methods for robustness check. Our results consistently show that access to public credit lines has a significant and …
Persistent link: https://www.econbiz.de/10009416001
This paper estimates production functions of child cognitive and social development using a panel data of nine-year old children each with over two hundred home and school inputs as well as family background variables. A tree regression method is used to conduct estimation under various...
Persistent link: https://www.econbiz.de/10009365077
The application of nonlinear fixed effects models in econometrics has often been avoided for two reasons, one methodological, one practical. The methodological question centers on a incidental parametres problem that raises questions about the statistical properties of the estimator. The...
Persistent link: https://www.econbiz.de/10005776453
In this the size and power properties of the common factor Im, Pesaran and Shin (CIPS), Wald (W), likelihood ratio (LR) and Lagrange multiplier (LM) tests are investigated when the error term follows a spatial error model. The results from the Monte Carlo simulations used in this study, firstly...
Persistent link: https://www.econbiz.de/10010585719