Examining the impact of short-term rental regulation on peer-to-peer accommodation performance: a difference-in-differences approach

2020 ◽  
pp. 1-13
Author(s):  
Jihwan Yeon ◽  
SeungHyun “James” Kim ◽  
Kyungho Song ◽  
Jinwon Kim
Keyword(s):  
Peer To Peer ◽  
Short Term ◽  
Difference In Differences ◽  
The Impact

GST Pass-through Across Indian Sates: Evidence from Difference-in-Differences

2018 ◽  
Vol 66 (1-2) ◽  
pp. 42-49
Author(s):  
Debashree Das
Keyword(s):  
Ordinary Least Squares ◽  
Rate Of Change ◽  
Control Group ◽  
Short Term ◽  
Difference In Differences ◽  
Data Set ◽  
Consumer Prices ◽  
Pass Through ◽  
The Impact ◽  
Special Category

This article analyses whether there exists any short-term inflationary pressure on Indian economy post Goods and Services Tax (GST) implementation. It was found that the introduction of GST showed no significant effect on the rate of change of consumer price index (CPI). Though, the effect of the GST implementation on consumer prices in India showed no significant change in the short term, the impact needs to monitored and observed for the long term, because the current state of economic conditions may have led to a delayed pass-through of the GST increase into consumer prices. To estimate the pass-through effect on prices due to GST implementation from 1 July 2017, various graphical and statistical methods are used to ascertain whether there has been any significant pass-through of GST on CPI– ordinary least squares (OLS) regression, and difference-in differences (DID) estimation technique has been used. The impact of post- and pre-implementation of GST has been analysed through DID by segregating the data set on the basis of treatment and control groups. The non-special category states have been taken as the treatment group and remaining special category states as control group. The results indicate that there is no significant evidence of upward bias in the CPI post GST implementation; these conventional estimates hold true for all states that were segmented based on revenue distribution and contribution to gross domestic product (GDP). JEL: D78, H20, H22

scholarly journals Green Credit Policy and Maturity Mismatch Risk in Polluting and Non-Polluting Companies

2021 ◽  
Vol 13 (7) ◽  
pp. 3615
Author(s):  
Yaowei Cao ◽  
Youtang Zhang ◽  
Liu Yang ◽  
Rita Yi Man Li ◽  
M. James C. Crabbe
Keyword(s):  
Environmental Protection ◽  
Bank Credit ◽  
Credit Policy ◽  
Short Term ◽  
Coordinated Development ◽  
Difference In Differences ◽  
Sustainable Operations ◽  
Maturity Mismatch ◽  
Investment And Financing ◽  
The Impact

A major issue is whether the implementation of China’s green credit policy will affect the coordinated development of corporate sustainable operations and environmental protection. This paper used a propensity score matching—difference-in-differences (PSM-DID) model to analyse the impact of China’s green credit policy implemented in 2012 on the maturity mismatch risk between investment and financing in polluting and non-polluting companies. We found that: (1) green credit policies can help reduce the risk of maturity mismatch between investment and financing for polluting companies; (2) the reduction of short-term bank credit is the main way to curb the risk of maturity mismatch risk between investment and financing; (3) the green credit policy has no obvious mitigation effect on the risk of maturity mismatch between investment and financing among polluting companies with environmental protection investment; (4) the mitigation effect of the green credit policy on the maturity mismatch risk is more significant in state-owned polluting companies and polluting companies in areas with a lower level of financial development. The empirical results show that China’s green credit policy helps stimulate the environmental protection behaviour of companies, as well as helping alleviate the capital chain risk caused by the maturity mismatch between investment and financing. In addition, despite the effect of heterogeneity, it can solve the contradiction between environmental protection and economic development.

Are Donations Bigger in Texas? Analyzing the Impact of a Policy to Match Donations to Texas’ Emerging Research Universities

2020 ◽  
pp. 000283122096894
Author(s):  
Xiaodan Hu ◽  
Frank Fernandez ◽  
Denisa Gándara
Keyword(s):  
Research Universities ◽  
Public Investment ◽  
Social Consequences ◽  
Short Term ◽  
Difference In Differences ◽  
Incentive Program ◽  
Incentive Policies ◽  
Private Donations ◽  
The Impact

We examine the impact of the Texas Research Incentive Program (TRIP), a state policy that offers matching funds to incentivize private-sector donations to certain public universities. We use a national dataset and employ a generalized difference-in-differences approach with matching procedures to estimate the treatment effect of TRIP on revenues at eligible institutions. Results show that TRIP is associated with increases in revenue from private gifts and state grants/contracts, which suggests that policymakers can leverage public investment to incentivize private donations. We do not detect a statistically significant relationship between TRIP and endowments, so donations are likely used for short-term funding and do not create long-term dividends. We consider potential social consequences of selecting certain universities to benefit from incentive policies.

scholarly journals The airification of cities. Making sense of the impact of peer to peer short term letting on urban functions and economy

2019 ◽  
Author(s):  
Stefano Picascia ◽  
Antonello Romano ◽  
Michela Teobaldi
Keyword(s):  
Spatial Patterns ◽  
Supply And Demand ◽  
Sharing Economy ◽  
Peer To Peer ◽  
Economic Advantage ◽  
Short Term ◽  
Making Sense ◽  
The Impact ◽  
The Way

An in-depth look into the mechanics of short term rentals in Italy. The study is based on a vast dataset comprising of all the properties listed on the Airbnb website in 10 major cities in the years 2015, 2016 and 2017. We discuss the spatial patterns of Airbnb supply and demand within and between cities, we then hypothesize on the possible drivers of the Airbnb offer and suggest a possible way to assess whether Airbnb supply could be driven by an economic advantage of short-term over long term letting. We also discuss the way the benefits of this particular incarnation of the sharing economy are shared among participants. Finally, we conclude by presenting a possible alternative way of regulating Airbnb.

Liquidity versus Wealth in Household Debt Obligations: Evidence from Housing Policy in the Great Recession

2020 ◽  
Vol 110 (10) ◽  
pp. 3100-3138 ◽  
Author(s):  
Peter Ganong ◽  
Pascal Noel
Keyword(s):  
Housing Policy ◽  
Great Recession ◽  
Regression Discontinuity ◽  
Short Term ◽  
Difference In Differences ◽  
The Great Recession ◽  
Consumption Decisions ◽  
Research Designs ◽  
The Impact

We exploit variation in mortgage modifications to disentangle the impact of reducing long-term obligations with no change in short-term payments (“wealth”), and reducing short-term payments with no change in long-term obligations (“liquidity”). Using regression discontinuity and difference-in-differences research designs with administrative data measuring default and consumption, we find that principal reductions that increase wealth without affecting liquidity have no effect, while maturity extensions that increase only liquidity have large effects. This suggests that liquidity drives default and consumption decisions for borrowers in our sample and that distressed debt restructurings can be redesigned with substantial gains to borrowers, lenders, and taxpayers. (JEL E21, G21, G51, R38)

A Newspaper’s Effect on the Strength of Automatic Associations in Memory

2012 ◽  
Vol 24 (1) ◽  
pp. 1-8 ◽  
Author(s):  
Florian Arendt
Keyword(s):  
Treatment Group ◽  
Term Effect ◽  
Control Group ◽  
Implicit Measure ◽  
Short Term ◽  
Short Term Treatment ◽  
Short Term Effect ◽  
Automatic Associations ◽  
Foreign Nationality ◽  
The Impact

A test was done to see if reading a newspaper which consistently overrepresents foreigners as criminals strengthens the automatic association between foreign country and criminal in memory (i.e., implicit cultivation). Further, an investigation was done to find out if reading articles from the same newspaper produces a short-term effect on the same measure and if (1) emotionalization of the newspaper texts, (2) emotional reactions of the reader (indicated by arousal), and (3) attributed text credibility moderate the short-term treatment effect. Eighty-five participants were assigned to one of three experimental conditions. Participants in the control group received short factual crime texts, where the nationality of the offender was not mentioned. Participants in the factual treatment group received the same texts, but the foreign nationality was mentioned. Participants in the emotionalized treatment group received emotionalized articles (i.e., texts which are high in vividness and frequency) covering the same crimes, with the foreign nationality mentioned. Supporting empirical evidence for implicit cultivation and a short-term effect was found. However, only emotionalized articles produced a short-term effect on the strength of the automatic association, indicating that newspaper texts must have a minimum of stimulus intensity to overcome an effect threshold. There were no moderating effects of arousal or credibility pertaining to the impact on the implicit measure. However, credibility moderated the short-term effect on a first-order judgment (i.e., estimated frequency of foreigners of all criminals). This indicates that a newspaper’s effect on the strength of automatic associations is relatively independent from processes of propositional reasoning.

Evaluation of the impact of public investment programs on social and economic performance of territories

2019 ◽  
pp. 109-123
Author(s):  
I. E. Limonov ◽  
M. V. Nesena
Keyword(s):  
Bayesian Modeling ◽  
Positive Impact ◽  
Public Investment ◽  
Difference In Differences ◽  
The Public ◽  
Export Activity ◽  
Regional Investment ◽  
The Difference ◽  
The Impact ◽  
Development Institution

The purpose of this study is to evaluate the impact of public investment programs on the socio-economic development of territories. As a case, the federal target programs for the development of regions and investment programs of the financial development institution — Vnesheconombank, designed to solve the problems of regional development are considered. The impact of the public interventions were evaluated by the “difference in differences” method using Bayesian modeling. The results of the evaluation suggest the positive impact of federal target programs on the total factor productivity of regions and on innovation; and that regional investment programs of Vnesheconombank are improving the export activity. All of the investments considered are likely to have contributed to the reduction of unemployment, but their implementation has been accompanied by an increase in social inequality.

Diatoms in the Amur Bay sediments (Sea of Japan) and the impact of typhoons on their accumulation over the last 2000 years

2019 ◽  
pp. 252-256
Author(s):  
Irina A. Prushkovskaya ◽  
Ira B. Tsoy
Keyword(s):  
Sea Of Japan ◽  
Short Term ◽  
Catastrophic Events ◽  
Bromine Content ◽  
Amur Bay ◽  
The Impact

The study of diatoms in the sediments of the Amur Bay (Sea of Japan), formed over the last 2000 years, showed that the sharp short-term drops in the concentration of diatoms coincide with the minima of bromine content, which can be explained by the influence of typhoons or other catastrophic events leading to floods and used later in paleoreconstructions.

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