scholarly journals The two-stage least squares simultaneous equation model for panel data on human development, economics, and environmental quality

2021 ◽  
Author(s):  
Bagus Sumargo ◽  
Felia Aidah Nuriza ◽  
Mulyono ◽  
Siti Rohmah Rohimah
Respuestas ◽  
2021 ◽  
Vol 26 (1) ◽  
Author(s):  
Giovanni Cancino Escalante ◽  
Susan Cancino ◽  
Daniel Francisco Cancino Ricketts

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


2019 ◽  
Vol 1 (2) ◽  
pp. 113-118
Author(s):  
Yuan Williamson Tamberan ◽  
Romualdus Turu Putra Maro Djanggo

This research aims to determine the effect of allocation of special Autonomy Fund in Education, special autonomy Fund in health education and special autonomy fund in the field of infrastructure education to economic growth directly or indirectly through the human development index in Merauke Regency. The type of data used is data time series and data collection is done by the documentation method. Data was analyzed using the simultaneous equation model approach with the help of SPSS Amos 21 software. The results showed that the special Autonomy fund variable has been positively significant to the economic growth directly, indirectly through the human development Index of Special Autonomy Fund fields Education is not significant to economic growth. Health special Autonomy fund variables and special autonomy fund infrastructure areas are directly significant to economic growth. Meanwhile, indirectly through human development index a variable of special autonomy fund in Health and Special Autonomy fund areas of infrastructure are positively significant to the economic growth Key words: Special autonomy, human development index, economic growth


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