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Selected Works

2005

Articles 1 - 12 of 12

Full-Text Articles in Econometrics

Together...We Compete... (In Greek), Triantafillia Giotopoulou, Andreas Drichoutis, Vassilis Karalis, Lykouropoulou Eirini Dec 2005

Together...We Compete... (In Greek), Triantafillia Giotopoulou, Andreas Drichoutis, Vassilis Karalis, Lykouropoulou Eirini

Andreas Drichoutis

No abstract provided.

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Food Consumption Issues In The 21st Century, Andreas Drichoutis, Panagiotis Lazaridis Jul 2005

Food Consumption Issues In The 21st Century, Andreas Drichoutis, Panagiotis Lazaridis

Andreas Drichoutis

No abstract provided.

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Structural Break In India's Growth, Ambrish A. Dongre, Neeraj Hatekar Apr 2005

Structural Break In India's Growth, Ambrish A. Dongre, Neeraj Hatekar

Ambrish A Dongre

How significant was the shift in the economic growth performance that occurred in the 1950s, relative to the shift that is supposed to have occurred in the 1980s? If one were to identify the single most significant break date in India’s growth performance, does it turn out to be 1951-52 or 1980-81 or some such year in the post 1980s? The hypothesis in this paper is that the single most important trend break in GDP growth is to be found not in the 1980s, as the existing literature claims, but in the early 1950s. This is not because the performance …

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The Economics Of Nutritional Label Use: A Theoretical Perspective, Andreas Drichoutis, Panagiotis Lazaridis, Rodolfo M. Nayga, Jr. Apr 2005

The Economics Of Nutritional Label Use: A Theoretical Perspective, Andreas Drichoutis, Panagiotis Lazaridis, Rodolfo M. Nayga, Jr.

Andreas Drichoutis

No abstract provided.

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The Economics Of Nutritional Label Use: A Theoretical Perspective, Andreas C. Drichoutis, Panagiotis Lazaridis, Rodolfo M. Nayga, Jr. Jan 2005

The Economics Of Nutritional Label Use: A Theoretical Perspective, Andreas C. Drichoutis, Panagiotis Lazaridis, Rodolfo M. Nayga, Jr.

Andreas Drichoutis

In this paper we develop a theoretical model about nutritional food label use. The model is based on the model of demand for health developed by Grossman (1972a, 1972b). In our model, consumers use as inputs on their gross investment function their diet along with time inputs to influence their level of health. The comparative statics analysis of our model shows among others a healthier eating behaviour for older people. The model also predicts that a shift in the efficiency of the consumers in deriving information from nutritional labels can increase or decrease label use time. The consumption of healthy …

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On Measuring The Efficiency Of The Social Security System Reforms. The Case Of Poland, Joanna Tyrowicz, Piotr Mularczyk Jan 2005

On Measuring The Efficiency Of The Social Security System Reforms. The Case Of Poland, Joanna Tyrowicz, Piotr Mularczyk

Joanna Tyrowicz

As other European countries, transition economies face the reform of the social security system. As one of the first, Poland has introduced a pension reform in 1999, which changed a standard pay-as-you-go system into a one constructed of three pillars and based on addressed contributions. The five years from the reform allow to take a first look at the reform, both in terms of assessing the legal implementation as well as the realization of main assumptions and aims. In this paper we consider the effectiveness of the reform. We find that in many aspects this reform should not be considered …

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Stochastic Convergence Among European Economies, Mauro Costantini, Claudio Lupi Jan 2005

Stochastic Convergence Among European Economies, Mauro Costantini, Claudio Lupi

Claudio Lupi

The aim of this paper is to test the stochastic convergence in real per capita GDP for 15 European countries using non−stationary panel data approaches over the period 1950−2003. Cross−sectional dependence is assumed due to the existence of strong linkages among European economies. However, tests derived under the assumption of cross−sectional independence are also carried out for completeness and comparison. We also split the whole sample into two sub−periods (1950−1976, 1977−2003) in order to take into account the effects of the first oil crisis (1973−1974) and to evaluate the robustness of the statistical analysis. Our results offer little support to …

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Poverty And Malnutrition In India (Marathi), Ambrish A. Dongre Dec 2004

Poverty And Malnutrition In India (Marathi), Ambrish A. Dongre

Ambrish A Dongre

This article discusses how poverty is measured in India, evolution of poverty in India in the 1990s and problems associated with interpreting poverty numbers in the 55th round of NSS and comparing them with previous numbers.

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Economic Growth, Saving And Investment, Safdar Khan Dec 2004

Economic Growth, Saving And Investment, Safdar Khan

Safdar Khan

Extract:
Despite an evident slowdown in major economies around the global amidst a sustained rise in international oil prices, the domestic economy surpassed its growth target by a wide margin for the third consecutive year, witnessing a growth rate of 8.4 percent in FY05, the highest during the last two decades (see Figure 2.1 & 2.2).

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Identifying A Source Of Financial Volatility, Douglas G. Steigerwald, Richard Vagnoni Dec 2004

Identifying A Source Of Financial Volatility, Douglas G. Steigerwald, Richard Vagnoni

Douglas G. Steigerwald

How should one combine stock and option markets in models of trade and asset price volatility? We address this question, paying particular attention to the identification of parameters of interest.

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Inferring Information Frequency And Quality, Douglas G. Steigerwald, John Owens Dec 2004

Inferring Information Frequency And Quality, Douglas G. Steigerwald, John Owens

Douglas G. Steigerwald

We develop a microstructure model that, in contrast to previous models, allows one to estimate the frequency and quality of private information. In addition, the model produces stationary asset price and trading volume series. We find evidence that information arrives frequently within a day and that this information is of high quality. The frequent arrival of information, while in contrast to previous microstructure model estimates, accords with nonmodel-based estimates and the related literature testing the mixture-of-distributions hypothesis. To determine if the estimates are correctly reflecting the arrival of latent information, we estimate the parameters over half-hour intervals within the day. …

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Are Credit Constraints In Italy Really More Binding In The South?, Claudio Lupi Dec 2004

Are Credit Constraints In Italy Really More Binding In The South?, Claudio Lupi

Claudio Lupi

This paper is motivated by a very practical question: are there significant geographical differences in the accessibility to the credit market on the part of Italian households? The investigation is carried using robust probit model. Estimation is carried out in a Bayesian framework. The results are somewhat surprising, showing that the area where households are more likely to be credit constrained is not the South, as could be easily imagined, but rather the highly developed and industrialized North-West.

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