Open Access. Powered by Scholars. Published by Universities.®

Economics Commons™

Open Access. Powered by Scholars. Published by Universities.®

Econometrics

Selected Works

1999

Articles 1 - 3 of 3

Full-Text Articles in Economics

Selección Empírica Para El Desarrollo Económico Regional, Vicente German-Soto Oct 1999

Selección Empírica Para El Desarrollo Económico Regional, Vicente German-Soto

Vicente German-Soto

This work disscuses aspects linked to identification of the important sectors through the input-output coefficients for the regional levels of the economies. We base our empirical evidence in a technology structure derivated of that sectors pushing of final demand. Results reflect that a unique method method to select important sectors does not exist. An final demand index selects to commercial sector as the most important. Sectors wiht the highest index correspond to activities highly dependent of the government.

Go to article

Consumption Adjustment Under Time-Varying Income Uncertainty, Douglas Steigerwald, Joon-Ho Hahm Dec 1998

Consumption Adjustment Under Time-Varying Income Uncertainty, Douglas Steigerwald, Joon-Ho Hahm

Douglas G. Steigerwald

We study the effect of income uncertainty on consumption in a model that includes precautionary saving. In contrast to previous studies, we focus on time-series variation in income uncertainty. Our time-series measure of income uncertainty is constructed from a panel of forecasts. We find evidence of precautionary saving in that increases in income uncertainty are related to increases in aggregate rates of saving. We also find evidence that anticipated income growth rates have less explanatory power for consumption growth rates after conditioning on income uncertainty. The evidence indicates the presence of forward-looking consumers who gradually adjust precautionary savings in response …

Go to article

Demand For Ground Transportation Fuel And Pricing Policy In Asian Tigers, Ujjayant N. Chakravorty, Sara Banaszak, Pingsun Leung Dec 1998

Demand For Ground Transportation Fuel And Pricing Policy In Asian Tigers, Ujjayant N. Chakravorty, Sara Banaszak, Pingsun Leung

Ujjayant Chakravorty

This paper examines the demand for gasoline and diesel in the ground transportation sectors of Korea and Taiwan, comparing the effects of their different pricing policies and stages of economic growth.

Go to article