Showing 51 - 60 of 17,277
We bring together the spatial and global vector autoregressive (GVAR) classes of econometric models by providing a detailed methodological review of where they meet in terms of structure, interpretation, and estimation methods. We discuss the structure of cross-section connectivity (weight)...
Persistent link: https://www.econbiz.de/10011853322
We present an analysis of interregional consumption risk sharing in Russia between 1999 and 2009 using novel estimation methods. In addition to standard fixed effects panel estimations, we use system and difference GMM estimators to reflect time dynamic properties and possible endogeneity...
Persistent link: https://www.econbiz.de/10011877225
This paper investigates the main determinants of the representation of foreign employees across German regions. Since migration determinants are not necessarily the same for workers of different nationalities, spatial patterns are explained not only for total foreign employment but also for the...
Persistent link: https://www.econbiz.de/10011927926
Per capita income and human population levels in a country have direct influences on itsenvironmental outcomes. Countries with same level of income may have different rate ofincome growth and vice versa, suggesting that the influence of the rate of income growth onenvironmental outcomes could be...
Persistent link: https://www.econbiz.de/10009443801
Persistent link: https://www.econbiz.de/10009445735
This paper revisits the excess entry theorem in spatial models à la Vickrey (1964) and Salop (1979) while relaxing the assumption of inelastic demand. Using a demand function with a constant demand elasticity, we show that the number of firms that enter a market decreases with the degree of...
Persistent link: https://www.econbiz.de/10010264705
This paper explores the implications of price-dependent demand in spatial models of product differentiation. We introduce consumers with a quasi-linear utility function in the framework of the Salop (1979) model. We show that the so-called excess entry theorem relies critically on the assumption...
Persistent link: https://www.econbiz.de/10010264758
Overdispersion in count data regression is often caused by neglection or inappropriate modelling of individual heterogeneity, temporal or spatial correlation, and nonlinear covariate effects. In this paper, we develop and study semiparametric count data models which can deal with these issues by...
Persistent link: https://www.econbiz.de/10010266199
Starting from Professor Kornai's assertion about the necessity to focus on the long-term perspectives of the transformation process, we analyze in this paper the Lisbon performance of the countries of the European Union from such a long-term, structural perspective. We present in a simple form...
Persistent link: https://www.econbiz.de/10010268253
In this qualitative sociological and quantitative economic policy paper, we start out from the assumption of a very recent European Commission Background paper on the Efficiency and effectiveness of social spending, which says the effectiveness of social spending can be defined by the degree to...
Persistent link: https://www.econbiz.de/10010268861