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Full-Text Articles in Econometrics

基於Bma方法的長期經濟增長因素確定—— 一個研究綜述, 路征, 鄧翔 Nov 2008

基於Bma方法的長期經濟增長因素確定—— 一個研究綜述, 路征, 鄧翔

Zheng Lu (Chinese: 路征)

將貝葉斯統計理論引入經濟學研究具有重要的理論與實踐價值,並已被國外經濟研究者廣泛應用於經濟研究中。BACE 方法是基於 BMA(Bayesian Model Averaging)的一個改進,由Doppelhofer 等提出並利用其研究長期經濟增長因素的確定,認為許多的潛在因素與經濟增長相關,從而支持了 Sala-i-Martin 而不是 Ross Levine 和 David Renelt 的研究結論。


Econometric Studies Of Higher Education, Ronald G. Ehrenberg Apr 2008

Econometric Studies Of Higher Education, Ronald G. Ehrenberg

Ronald G. Ehrenberg

[Excerpt] The economics of higher education goes back at least to Adam Smith, who suggested over 200 years ago in the Wealth of Nations that professors should get paid based upon the number of students enrolled in their classes. The econometrics of higher education is of much more recent vintage and emerged from the development of human capital theory and the efforts to estimate rates of return to education in the 1960s and 1970s. In the sections that follow, I survey the various strands of the literature on the econometrics of higher education that have developed during the last 40 …


Does Volatility In Government Borrowing Leads To Higher Inflation? Evidence From Pakistan, Safdar Khan Dec 2007

Does Volatility In Government Borrowing Leads To Higher Inflation? Evidence From Pakistan, Safdar Khan

Safdar Khan

No abstract provided.


An Analysis Of Pakistan’S Vulnerability To Crisis, Safdar Khan Dec 2007

An Analysis Of Pakistan’S Vulnerability To Crisis, Safdar Khan

Safdar Khan

No abstract provided.


Modes, Weighted Modes, And Calibrated Modes: Evidence Of Clustering Using Modality Tests, Daniel Henderson, Christopher Parmeter, R. Russell Dec 2007

Modes, Weighted Modes, And Calibrated Modes: Evidence Of Clustering Using Modality Tests, Daniel Henderson, Christopher Parmeter, R. Russell

Christopher F. Parmeter

We apply recent results from the statistics literature to test for multimodality of worldwide distributions of several (unweighted and population-weighted) measures of labor productivity. Specifically, we employ Silverman (Bump) and Dip modality tests, calibrated to correct for their incorrect asymptotic levels. We show that test results are sensitive to the test statistic employed and to population weighting. But regardless of the statistical criterion used, multimodality is present throughout, or emerges during, our sample period (1960–2000). We also examine (a) movements of economies between modal clusters and (b) relationships between certain key development factors and multimodality of the productivity distribution.


A Note On Sustained Economic Growth For Pakistan, Safdar Khan Dec 2007

A Note On Sustained Economic Growth For Pakistan, Safdar Khan

Safdar Khan

No abstract provided.


Fertility And The Health Of Children: An Application Of A Nonparametric Conditional Late Estimator, Daniel Henderson, Daniel Millimet, Christopher Parmeter, Le Wang Dec 2007

Fertility And The Health Of Children: An Application Of A Nonparametric Conditional Late Estimator, Daniel Henderson, Daniel Millimet, Christopher Parmeter, Le Wang

Christopher F. Parmeter

Although the theoretical trade-off between the quantity and quality of children is well established, empirical evidence supporting such a causal relationship is limited. This chapter applies a recently developed nonparametric estimator of the conditional local average treatment effect to assess the sensitivity of the quantity-quality trade-off to functional form and parametric assumptions. Using data from the Indonesia Family Life Survey and controlling for potential endogeneity of fertility, we find mixed evidence supporting the trade-off.


Heterogeneity In Smoker Preferences For Increased Efficacy Of Cessation Therapies, Robert Paterson, Kevin Boyle, Christopher Parmeter, James Neumann, Paul De Civita Dec 2007

Heterogeneity In Smoker Preferences For Increased Efficacy Of Cessation Therapies, Robert Paterson, Kevin Boyle, Christopher Parmeter, James Neumann, Paul De Civita

Christopher F. Parmeter

Promoting cessation is a cornerstone of tobacco control efforts by public-health agencies. Economic information to support cessation programs has generally emphasized cost-effectiveness or the impact of cigarette pricing and smoking restrictions on quit rates. In contrast, this study provides empirical estimates of smoker preferences for increased efficacy and other attributes of smoking cessation therapies (SCTs). Choice data were collected through a national survey of Canadian smokers. We find systematic preference heterogeneity for therapy types and SCT attributes between light and heavy smokers, as well as random heterogeneity using random parameters logit models. Preference heterogeneity is greatest between length of use …


Estimating Output Gap For Pakistan Economy: Structural And Statistical Approaches, Safdar Khan Dec 2007

Estimating Output Gap For Pakistan Economy: Structural And Statistical Approaches, Safdar Khan

Safdar Khan

No abstract provided.


The Effect Of Measurement Error On The Shape Of The World Distribution Of Income, Christopher Parmeter Dec 2007

The Effect Of Measurement Error On The Shape Of The World Distribution Of Income, Christopher Parmeter

Christopher F. Parmeter

This note examines the robustness that two modes exist in the world's density of per capita income. Our results suggest that this bimodal feature is robust and are arrived at using recently developed nonparametric deconvolution techniques.


Adaptive Estimation, Douglas G. Steigerwald Dec 2007

Adaptive Estimation, Douglas G. Steigerwald

Douglas G. Steigerwald

No abstract provided.


The Risk Components Of Liquidity, Lorán Chollete, Randi Naes, Johannes Skjeltorp Dec 2007

The Risk Components Of Liquidity, Lorán Chollete, Randi Naes, Johannes Skjeltorp

Lorán Chollete

No abstract provided.


Democracy Autocracy And Macroeconomic Performance In Pakistan, Nasir Iqbal, Sardar Javaid Iqbal Khan, Muhammad Irfan Chani Dec 2007

Democracy Autocracy And Macroeconomic Performance In Pakistan, Nasir Iqbal, Sardar Javaid Iqbal Khan, Muhammad Irfan Chani

Muhammad Irfan Chani

Pakistan showed a healthy growth rate of 5.6 percent during the entire history and faced many ups and downs in economic growth due to dramatic changes in political regimes. The literature shows mixed results regarding the impact of autocracy or democracy on economic growth. The aggregate growth of the economy under autocracy remained better as compared to democratic period. Financial indicators show consistent path through out the history of Pakistan. Different trade policies are designed in different regime to run the external sector and the impact of each policy was different.