scholarly journals Industrial robots, employment growth, and labor cost: A simultaneous equation analysis

2020 ◽  
Vol 159 ◽  
pp. 120202
Author(s):  
Jin Hwa Jung ◽  
Dong-Geon Lim
Keyword(s):  
Employment Growth ◽  
Labor Cost ◽  
Simultaneous Equation ◽  
Industrial Robots ◽  
Equation Analysis

A Simultaneous Equation Analysis of Advertising, Concentration and Profitability

1981 ◽  
Vol 47 (3) ◽  
pp. 728 ◽  
Author(s):  
Emilio Pagoulatos ◽  
Robert Sorensen
Keyword(s):  
Simultaneous Equation ◽  
Equation Analysis

State ownership and firm profitability in emerging markets

2018 ◽  
Vol 31 (2) ◽  
pp. 167-183 ◽  
Author(s):  
Mouna Ben Rejeb Attia ◽  
Naima Lassoued ◽  
Mohamed Chouikha
Keyword(s):  
Developing Countries ◽  
Explanatory Power ◽  
Simultaneous Equation ◽  
State Ownership ◽  
Governance System ◽  
Internal Governance ◽  
Content Type ◽  
Public Firms ◽  
Equation Analysis ◽  
Firm Profitability

Purpose The purpose of this paper is to examine the relationship between state ownership and firm profitability in developing countries by considering the endogenous nature of state ownership and firm profitability. Design/methodology/approach A simultaneous equation analysis is applied to study 232 Tunisian firms over the 2001-2013 period. This analysis is compared with OLS estimates to show its power in terms of an endogenous setting and its potential to improve estimation. Findings Unlike the OLS estimates that show a non-significant relationship between state ownership and firm profitability, the simultaneous equation analysis reveals a non-symmetrical concave relationship. Specifically, state ownership affects positively firm profitability when it is relatively small and negatively when state ownership dominates. Specification test indicates that both state ownership and firm profitability are endogenous. Furthermore, the simultaneous model’s explanatory power exceeds that of OLS estimates and proves to be a suitable estimation technique. Practical implications Taking into account public firms’ categorization, the authors implicitly examine the effect of privatization and corporatization on firm profitability. The findings imply that privatization is not the only solution to the operational problems of public firms, but an internal governance system restructuring can also be favorable for these firms. Originality/value In addition to focusing on a new database of developing countries, the case of Tunisian firms, the main empirical analysis is conducted by considering the endogeneity issue. Thus, the findings improve understanding of the role played by state ownership and suggest that a partial state control appears to be beneficial to firm profitability.

scholarly journals Two-stage least squares simultaneous equation analysis of the demand and supply of chicken meat

Respuestas ◽  
2021 ◽  
Vol 26 (1) ◽  
Author(s):  
Giovanni Cancino Escalante ◽  
Susan Cancino ◽  
Daniel Francisco Cancino Ricketts
Keyword(s):  
Least Squares ◽  
Simultaneous Equation ◽  
Chicken Meat ◽  
Meat Production ◽  
Two Stage ◽  
Demand And Supply ◽  
Financial Decisions ◽  
Equation Analysis ◽  
Short Run ◽  
Two Stage Least Squares

Abstract Chicken meat production is one of the fastest growing industries in Colombia with an average per person consumption of 35.6 kg. Due to the increase in demand and to the growing importance of the chicken meat production to the Colombian economy the objective of the study was to estimate the demand and supply response and the short run elasticities for chicken meat using a two-stage least squares technique for simultaneous equations. Results indicated that chicken meat demand was responsive to changes in own and beef prices as well as income. The direction of the independent variables were as expected, with the exception of pork prices. The response of chicken meat supply to own-price changes was found to be inelastic in the short run. Chicken feed and the exchange rate elasticities did not present a great impact on the percentage changes of the quantity offered of chicken meat. The proposed model can be useful for producers, chicken meat companies managers and policymakers as understanding the factors that affect the chicken market can lead to optimal managerial and financial decisions

scholarly journals Sex-Disaggregated Employment and Public Spending in China

2018 ◽  
Vol 47 (1) ◽  
pp. 71-102
Author(s):  
Tabitha Knight
Keyword(s):  
Economic Growth ◽  
Employment Growth ◽  
Public Spending ◽  
Simultaneous Equation ◽  
Relative Employment ◽  
Economic Significance ◽  
Urban Employment ◽  
Unpaid Labour ◽  
Simultaneous Equation Estimation ◽  
Short Run

This paper econometrically analyses the relationship between public spending and women's and men's urban employment in China for the period 1999–2009. Theoretically, spending on healthcare and education could increase employment growth and women's relative employment via the expansion of paid care work (increasing labour demand) and reductions in unpaid labour (increasing labour supply). To empirically test this, female, male, and relative employment growth are estimated as functions of public spending while both demand-side and supply-side factors are controlled for. Economic growth is also included in a simultaneous equation estimation. While healthcare results are mixed, education spending is positively associated with economic growth, employment growth for both women and men, and women's relative urban employment. Using economic significance calculations, I describe how well-directed public policies can promote both economic growth and long- and short-run benefits in employment equality between the sexes.

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