Control variables approach to estimate semiparametric models of mismeasured endogenous regressors with an application to U.K. twin data

2021 ◽  
pp. 1-36
Author(s):  
Kyoo il Kim ◽  
Suyong Song
2018 ◽  
Vol 26 (2) ◽  
pp. 158-169
Author(s):  
Umi Wahidah ◽  
Sri Ayem

This research aimed to examine the effect of the convergence of International Financial Reporting Standards (IFRS) on tax avoidance on companies listed in Indonesia Stock Exchange. Tax avoidance that used in this research was Cash Efective Tax Rate (CETR). This research is also use the control variable to get other different influence that different such as CSR, size, and earning management (EM. This research used populations sector of transport service companies that listed in Indonesia Stock Exchange. The data of this research taken from secondary data that was from the Indonesia Stock Exchange in the form of Indonesian Capital Market Directory (ICMD) and the annual report of the company 2011-2015. The method of collecting sample was purposive sampling technique, the population that to be sampling in this research was populations that has the criteria of a particular sample. Companies that has the criteria of the research sample as many as 78 companies. The method of analysis used in this research is multiple regression analysis. Based on regression testing shows that the convergence of International Financial Reporting Standards (IFRS) has a positiveand significant impact on tax evasion. This shows that IFRS convergence actually improves tax evasion practices. The control variables of firm size and earnings management also significantly influence the application of IFRS in improving tax avoidance practices, while CSR control variables have no role in convergence IFRS in improving tax evasion practice.


2018 ◽  
Vol 10 (3(J)) ◽  
pp. 74-83
Author(s):  
Lerato C. Bapela ◽  
Collins C. Ngwakwe ◽  
Mokoko P. Sebola

This paper evaluated the relationship between water infrastructure financing and water provision in South Africa. The research followed a quantitative research design; secondary data for water infrastructure financing and water provision in South Africa was obtained from the Trans - Caledon Tunneling Agency (TCTA) and the World Bank for the period 1994 - 2014 . The regression results indicated two separate findings which offers unique contribution to the current literature; results from water asset finance as a single independent variable on water provision showed a significant relationship. However, an addition of two control variables , corruption and violence, neutralised the effectiveness of water asset finance on water provision to the extent that water asset finance became less significant with a P value of 0.05. The paper makes a nuance contribution from the findings, which specifically is that finance alone may not deliver target water provision if corruption and violence is left unbridled. The paper thus recommends the need for public policy makers to control the rate of corruption and violence to enable effective application of water infrastructure finance in water provision. The paper also recommends the need for further research on other government departments to integrate corruption and violence as control variables. 


2021 ◽  
Author(s):  
Jielan Ding ◽  
Zhesi Shen ◽  
Per Ahlgren ◽  
Tobias Jeppsson ◽  
David Minguillo ◽  
...  

AbstractUnderstanding the nature and value of scientific collaboration is essential for sound management and proactive research policies. One component of collaboration is the composition and diversity of contributing authors. This study explores how ethnic diversity in scientific collaboration affects scientific impact, by presenting a conceptual model to connect ethnic diversity, based on author names, with scientific impact, assuming novelty and audience diversity as mediators. The model also controls for affiliated country diversity and affiliated country size. Using path modeling, we apply the model to the Web of Science subject categories Nanoscience & Nanotechnology, Ecology and Information Science & Library. For all three subject categories, and regardless of if control variables are considered or not, we find a weak positive relationship between ethnic diversity and scientific impact. The relationship is weaker, however, when control variables are included. For all three fields, the mediated effect through audience diversity is substantially stronger than the mediated effect through novelty in the relationship, and the former effect is much stronger than the direct effect between the ethnic diversity and scientific impact. Our findings further suggest that ethnic diversity is more associated with short-term scientific impact compared to long-term scientific impact.


Data in Brief ◽  
2021 ◽  
pp. 106912
Author(s):  
Wael M. Mohammed ◽  
Jose L. Martinez Lastra
Keyword(s):  

2021 ◽  
Vol 13 (13) ◽  
pp. 7011
Author(s):  
Abdulaziz A. Alotaibi ◽  
Naif Alajlan

Numerous studies addressed the impacts of social development and economic growth on the environment. This paper presents a study about the inclusive impact of social and economic factors on the environment by analyzing the association between carbon dioxide (CO2) emissions and two socioeconomic indicators, namely, Human Development Index (HDI) and Legatum Prosperity Index (LPI), under the Environmental Kuznets Curve (EKC) framework. To this end, we developed a two-stage methodology. At first, a multivariate model was constructed that accurately explains CO2 emissions by selecting the appropriate set of control variables based on model quality statistics. The control variables include GDP per capita, urbanization, fossil fuel consumption, and trade openness. Then, quantile regression was used to empirically analyze the inclusive relationship between CO2 emissions and the socioeconomic indicators, which revealed many interesting results. First, decreasing CO2 emissions was coupled with inclusive socioeconomic development. Both LPI and HDI had a negative marginal relationship with CO2 emissions at quantiles from 0.2 to 1. Second, the EKC hypothesis was valid for G20 countries during the study period with an inflection point around quantile 0.15. Third, the fossil fuel consumption had a significant positive relation with CO2 emissions, whereas urbanization and trade openness had a negative relation during the study period. Finally, this study empirically indicates that effective policies and policy coordination on broad social, living, and economic dimensions can lead to reductions in CO2 emissions while preserving inclusive growth.


Biometrika ◽  
2017 ◽  
Vol 105 (1) ◽  
pp. 185-197 ◽  
Author(s):  
H Dette ◽  
R Guchenko ◽  
V B Melas ◽  
W K Wong

Mathematics ◽  
2021 ◽  
Vol 9 (3) ◽  
pp. 245
Author(s):  
Pablo Ponce ◽  
José Álvarez-García ◽  
Mary Cumbicus ◽  
María de la Cruz del Río-Rama

The aim of this research is to analyse the effect of income inequality on the homicide rate. The study is carried out in 18 Latin American countries for the period 2005–2018. The methodology used is the Generalized Least Squares (GLS) model and the data were obtained from World Development Indicators, the World Health Organization and the Inter-American Development Bank. Thus, the dependent variable is the homicide rate and the independent variable is income inequality. In addition, some control variables are included, such as: poverty, urban population rate, unemployment, schooling rate, spending on security and GDP per capita, which improve the consistency of the model. The results obtained through GLS model determine that inequality has a negative and significant effect on the homicide rate for high-income countries (HIC) and lower-middle-income countries (LMIC), whereas it is positive and significant for upper-middle-income countries (UMIC). On the other hand, the control variables show different results by group of countries. In the case of unemployment, it is not significant in any group of countries. Negative spatial dependence was found regarding spatial models such as: the spatial lag (SAR) and spatial error (SEM) method. In the spatial Durbin model (SDM), positive spatial dependence between the variables was corroborated. However, spatial auto-regressive moving average (SARMA) identified no spatial dependence. Under these results it is proposed: to improve productivity, education and improve the efficiency of security-oriented resources.


2021 ◽  
pp. 0308518X2110263
Author(s):  
Vladimír Pažitka ◽  
Michael Urban ◽  
Dariusz Wójcik

We investigate the effect of urban network connectivity on the growth of financial centres. While existing research recognises the importance of network connectivity to firms, clusters as well as city regions, large-sample empirical evidence is currently scarce, particularly in the context of financial services. We contribute to this debate by studying underwriting of equity and debt securities, which represent some of the core activities of financial centres. We operationalise our analysis using a proprietary dataset collated from Dealogic Equity Capital Market and Debt Capital Market databases covering over 1.7 million interactions of investment banks with issuers across 540 cities globally during the 1993–2016 period. We estimate our regression equations using the system generalised method of moments estimator, which allows us to obtain consistent coefficient estimates on potentially endogenous regressors, including network connectivity variables. We identify a clear pattern of a positive association between network centrality of financial centres and their growth. We distinguish between intracity and intercity network connectivity and find that financial centres with a larger number of intercity network ties and assortative intracity networks grow faster, while intracity network density does not appear to affect financial centre growth. Our results on intercity network ties are broadly consistent with established knowledge of cluster networks. In contrast, our findings on financial centres' intracity networks contradict previous research that suggests that dense and disassortative intracluster networks aid economic performance of clusters.


2021 ◽  
Vol 13 (2) ◽  
pp. 261
Author(s):  
Francisco Mauro ◽  
Andrew T. Hudak ◽  
Patrick A. Fekety ◽  
Bryce Frank ◽  
Hailemariam Temesgen ◽  
...  

Airborne laser scanning (ALS) acquisitions provide piecemeal coverage across the western US, as collections are organized by local managers of individual project areas. In this study, we analyze different factors that can contribute to developing a regional strategy to use information from completed ALS data acquisitions and develop maps of multiple forest attributes in new ALS project areas in a rapid manner. This study is located in Oregon, USA, and analyzes six forest structural attributes for differences between: (1) synthetic (i.e., not-calibrated), and calibrated predictions, (2) parametric linear and semiparametric models, and (3) models developed with predictors computed for point clouds enclosed in the areas where field measurements were taken, i.e., “point-cloud predictors”, and models developed using predictors extracted from pre-rasterized layers, i.e., “rasterized predictors”. Forest structural attributes under consideration are aboveground biomass, downed woody biomass, canopy bulk density, canopy height, canopy base height, and canopy fuel load. Results from our study indicate that semiparametric models perform better than parametric models if no calibration is performed. However, the effect of the calibration is substantial in reducing the bias of parametric models but minimal for the semiparametric models and, once calibrations are performed, differences between parametric and semiparametric models become negligible for all responses. In addition, minimal differences between models using point-cloud predictors and models using rasterized predictors were found. We conclude that the approach that applies semiparametric models and rasterized predictors, which represents the easiest workflow and leads to the most rapid results, is justified with little loss in accuracy or precision even if no calibration is performed.


Sign in / Sign up

Export Citation Format

Share Document