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A constructive proof of identification of multilinear decompositions of multiway arrays is presented. It can be applied to show identification in a variety of multivariate latent structures. Examples are finite-mixture models and hidden Markov models. The key step to show identification is the...
Persistent link: https://www.econbiz.de/10011103471
We use latent class analysis to categorize development experiences. This technique allows us to consider a broad range of country characteristics including per capita income growth, health, inequality, environmental performance, and life satisfaction. We show that each of these indicators is...
Persistent link: https://www.econbiz.de/10011112000
The aim of this paper is to identify which factors explain why some countries are more prone to enjoy long durations of stability, while others experience crises in shorter intervals. To this end, we analyze the duration of stability periods between currency, debt, and banking crises from 1980...
Persistent link: https://www.econbiz.de/10010635131
We examined the relationship between unobserved risk preferences and four insurance purchase decisions: health Medigap insurance, long-term insurance, life insurance and annuity. Standard economic theory assumes that individuals take decision over a set of risky domains according to their own...
Persistent link: https://www.econbiz.de/10008455405
A common and longstanding assumption in the economic growth literature has been that total factor productivity growth is lower in the agriculture sector than in the rest of the economy. Using a stochastic production frontier finite mixture model, labor productivity change is decomposed into...
Persistent link: https://www.econbiz.de/10008463979
Purpose This paper aims to test the political-economy hypothesis that country sizes are related with constraints associated with Chinese trade. Design/methodology/approach This study applies a generalized linear mixed approach on panel data of Southern African (henceforth SADC) economies from...
Persistent link: https://www.econbiz.de/10014847654
Persistent link: https://www.econbiz.de/10012491020
perspective of efficient management of company resources, segmentation has become a key tool and is particularly significant and … current in the business-to-business context. The purpose of this paper is to study the segmentation of firms in the tourist … relationship with their main supplier, the authors attempt to examine the utility of these variables as segmentation criteria for …
Persistent link: https://www.econbiz.de/10014935293
Purpose This study aims to analyse the impact of digital divide (DD) on income inequality in sub-Saharan Africa over the period 2004–2016. Design/methodology/approach In applying a finite mixture model (FMM) to a sample of 35 sub-Saharan African (SSA) countries, this study posits that DD...
Persistent link: https://www.econbiz.de/10015022565
Journals favor rejection of the null hypothesis. This selection upon tests may distort the behavior of researchers. Using 50,000 tests published between 2005 and 2011 in the AER, JPE, and QJE, we identify a residual in the distribution of tests that cannot be explained by selection. The...
Persistent link: https://www.econbiz.de/10010293191