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The effect of debt on corporate profitability Evidence from French service sector

Kebewar, Mazen; Noaman, Ahmed Shah Syed Muhammad - HAL - 2013

Current study aims to provide new empirical evidence on the impact of debt on corporate profitability. This impact can be explained by three essential theories: signaling theory, tax theory and the agency cost theory. Using panel data sample of 2240 French non listed companies of service sector...

Persistent link: https://www.econbiz.de/10010899356

Mimic Behavior in Home Waste-waters Management

Polomé, Philippe - HAL - 2013

We present results of a household-level survey on behaviors regarding refuses in the home waste-waters network. Interpreting survey results in a panel-data logit results show that most socio-economic and public good-related respondent's characteristics do not play a significant role in...

Persistent link: https://www.econbiz.de/10010899554

The impact of inter-municipal cooperation on local public spending

Frère, Quentin; Leprince, Matthieu; Paty, Sonia - HAL - 2012

The purpose of this paper is to assess the effects of inter-municipal fiscal cooperation on municipal public spending, based on the French experience. We estimate a model of municipal spending choice using panel data and spatial econometrics for municipalities over the period 1994-2003. We...

Persistent link: https://www.econbiz.de/10010899843

Persistent and Transient Productive Inefficiency: A Maximum Simulated Likelihood Approach

Filippini, Massimo; Greene, William - CER-ETH Center of Economic Research, Department of … - 2014

The productive efficiency of a firm can be seen as composed of two parts, one persistent and one transient. The … received empirical literature on the measurement of productive efficiency has paid relatively little attention to the … components of efficiency. The approach developed in the original presentation proved very cumbersome actually to implement in …

Persistent link: https://www.econbiz.de/10010900159

How does geographical mobility of inventors influence network formation?

Miguelez, Ernest - Economics and Statistics Division, Word Intellectual … - 2013

The goal of this paper is to assess the influence of spatial mobility of knowledge workers on the formation of ties of scientific and industrial collaboration across European regions. Co-location has been traditionally invoked to ease formal collaboration between individuals and firms, since tie...

Persistent link: https://www.econbiz.de/10010900208

Determinants of Urban Sprawl: A Panel Data Approach

DeSalvo, Joseph; Su, Qing - Department of Economics, University of South Florida - 2013

This paper employs panel-data estimation approaches to test hypotheses of the monocentric urban model. We apply both within- and between- groups estimation approaches to urbanized area data for the 1990-2010 period. From a fixed-effects (within-groups) model, we find that a 1-percent increase in...

Persistent link: https://www.econbiz.de/10010900527

Unit root tests for dependent and heterogeneous micropanels

Choi, In - Research Institute for Market Economy, Sogang University - 2014

This paper proposes a panel unit root test for micropanels with short time dimension (T) and large cross section (N). There are several distinctive features of this test. First, the test is based on a panel AR(1) model, which allows for cross-sectional dependency, which is introduced by the...

Persistent link: https://www.econbiz.de/10010900715

Major League Baseball Attendance: Long-term Analysis Using Factor Models

Ahn, Seung C.Ahn; Lee, Young H. - Research Institute for Market Economy, Sogang University - 2014

Although Major League Baseball (MLB) has a long history, most studies of attendance have focused on recent years because important explanatory data, such as ticket prices, are often missing for earlier periods. The present study aims to fill gaps in the data by analyzing individual team...

Persistent link: https://www.econbiz.de/10010900720

Changes in Habitual Attendance at Korean Baseball Games

Lee, Young Hoon; Jang, Hayley - Research Institute for Market Economy, Sogang University - 2013

Habit formation in sports game attendance is crucial for sports businesses. Teams with strong habitual attendance sell more tickets and can command higher ticket prices compared with teams without habitual attendance, assuming all other conditions are constant. However, previous empirical...

Persistent link: https://www.econbiz.de/10010900727

Do Dominant Firms Provide More Training?

Bilanakos, Christos; Green, Colin P.; Heywood, John S.; … - University of Cyprus Department of Economics - 2014

This paper examines the relationship between firm-specific training and product market competition. A canonical Cournot competition model shows that the profitability of training investments increases as the number of competitors decreases. Empirical evidence from British establishments in 1998,...

Persistent link: https://www.econbiz.de/10010901489