Simultaneous-equation estimation with no instrumental variables

2017 ◽  
Vol 25 (15) ◽  
pp. 1097-1100
Author(s):  
Eric Blankmeyer
Keyword(s):  
Instrumental Variables ◽  
Simultaneous Equation ◽  
Simultaneous Equation Estimation

scholarly journals The Linkage between CO2, FDI, Economic Growth and Value-Added: A European Perspective

2021 ◽  
Author(s):  
Devesh Singh
Keyword(s):  
Economic Growth ◽  
Direct Investment ◽  
Co2 Emission ◽  
Western Europe ◽  
Value Added ◽  
Simultaneous Equation ◽  
Northern Europe ◽  
European Regions ◽  
Simultaneous Equation Estimation ◽  
Reducing Co2 Emission

Abstract This article aims to investigate the linkage among CO2 emissions, Foreign Direct Investment (FDI), economic growth, Gross Value Added (GVA) of different sectors namely agriculture, service, manufacturing, and resource extensive industries including construction sectors in four European regions Eastern Europe (EE), Southern Europe (SE), Northern Europe (NE) and Western Europe (WE). To do, this article uses the 3SLS simultaneous equation estimation during the period of 2000 to 2018. This study is the extension of seeing the challenges in policy implication in reducing CO2 emission in technologically rich economies. This article concluded that the causality among variables CO2 emission, economic growth, FDI, and all four sectors GVA is varied according to the regions. However, the CO2 emission has bidirectional causality with each industrial sector's GVA.

ENERGY, ECONOMIC GROWTH, INEQUALITY, AND POVERTY IN IRAN

2020 ◽  
pp. 1-22
Author(s):  
MAJID AGHAEI ◽  
C.-Y. CYNTHIA LIN LAWELL
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Instrumental Variables ◽  
Poverty Alleviation ◽  
Simultaneous Equation ◽  
Energy Access ◽  
Negative Effect ◽  
Enhance Efficiency ◽  
Simultaneous Equation Models

This paper examines the relationships among energy consumption, economic growth, inequality, and poverty in Iran. We estimate these relationships at both the aggregate and sectoral level using instrumental variables to address endogeneity and simultaneous equation models to enhance efficiency. Results show that decreasing inequality will be beneficial for economic growth, poverty alleviation and energy access. Inequality can negatively affect GDP directly, as well as indirectly through its negative effect on energy consumption. Similarly, inequality can increase poverty both directly as well as indirectly through its negative effect on energy consumption. We also find that increasing energy consumption has multiple benefits: it increases GDP, tends to decrease inequality and decreases poverty. Energy consumption decreases poverty both directly as well as indirectly via its effect on decreasing inequality. Our results therefore suggest that policies to improve energy access are important, and will have the benefits of increasing GDP, decreasing inequality and decreasing poverty.

A Model of the Distribution of Branded Personal Products in Jamaica

1968 ◽  
Vol 5 (4) ◽  
pp. 362-368 ◽  
Author(s):  
John U. Farley ◽  
Harold J. Leavitt
Keyword(s):  
Decision Rules ◽  
Simultaneous Equation ◽  
Equation Model ◽  
Policy Implications ◽  
Simultaneous Equation Estimation ◽  
Distribution Structure

A five equation model of the Jamaican distribution structure is fitted to data on four branded personal products. Decision rules appear oriented toward sales for retailers, wholesalers, importers, and manufacturers, and some policy implications for stimulating the structure are suggested. Problems associated with procedures for fitting sets of equations and examples of the effects of multi-collinearity on simultaneous equation estimation are discussed.

Simultaneous equation estimation from undersized samples

1983 ◽  
Vol 1 (5) ◽  
pp. 229-232
Author(s):  
Denzil G Fiebig ◽  
Sartaj A Kidwai ◽  
Henri Theil
Keyword(s):  
Simultaneous Equation ◽  
Simultaneous Equation Estimation
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