An export demand equation estimation for Tunisia through an unobservable component model

Author(s):  
Rafiaa Zayani ◽  
Kamel Helali
2009 ◽  
Vol 9 (2) ◽  
pp. 1850168 ◽  
Author(s):  
Saten Kumar

This paper estimates the export demand equation for the Philippines using the Gregory and Hansen procedure. We allowed for structural breaks within the Gregory and Hansen framework and obtained a cointegrating relationship between real exports, real income and relative prices. Our preferred model is the level shift where all the coefficients are significant and plausible. The income elasticity of export demand is around unity and the relative price elasticity is around -1.2.


Methodology ◽  
2016 ◽  
Vol 12 (1) ◽  
pp. 11-20 ◽  
Author(s):  
Gregor Sočan

Abstract. When principal component solutions are compared across two groups, a question arises whether the extracted components have the same interpretation in both populations. The problem can be approached by testing null hypotheses stating that the congruence coefficients between pairs of vectors of component loadings are equal to 1. Chan, Leung, Chan, Ho, and Yung (1999) proposed a bootstrap procedure for testing the hypothesis of perfect congruence between vectors of common factor loadings. We demonstrate that the procedure by Chan et al. is both theoretically and empirically inadequate for the application on principal components. We propose a modification of their procedure, which constructs the resampling space according to the characteristics of the principal component model. The results of a simulation study show satisfactory empirical properties of the modified procedure.


2011 ◽  
Author(s):  
Lynn R. Hartmann ◽  
Kristie Lynn Campana ◽  
Lance Andrews

2019 ◽  
Vol 10 (5) ◽  
pp. 395-420
Author(s):  
Petros Anastasopoulos ◽  

This is an econometric analysis of demand for travel to Cyprus by Britons. We examined the competitive and complementary relations between travel to Cyprus and other well-established travel destinations in the Mediterranean basin. Because many package tours include several countries in their destinations within a given journey, and because individual travelers find it more advantageous to visit more than one country in a single trip, it may be meaningful to examine international travel within the contest of groups of countries rather than a single country competing for international travelers. Specifically, we provide an analysis of the competitive and complementary relations existing between the tourism sectors of Cyprus and that of Greece, Spain and Portugal for British travelers. We provide estimates of income and relative price elasticities based of export demand equations upon annual data from 1980-2016. We tested for the stationarity of the variables and derived estimates of the Vector Error Correction Model (VECM). These tests confirm a strong association between the incomes of Britons and their decision to travel to Cyprus. Furthermore, we show the relative prices between Cyprus and other competing destinations in the Mediterranean to play an important role in determining British travel to Cyprus.


1982 ◽  
Vol 28 (98) ◽  
pp. 91-105 ◽  
Author(s):  
V. N. Nijampurkar ◽  
N. Bhandari ◽  
C. P. Vohra ◽  
V. Krishnan

AbstractSurface and core samples of Neh–nar Glacier in the Kashmir Valley have been analysed for the radionuclides 32Si. 210Pb, 40K, and 137Cs. The lateral and vertical profiles (at an altitude of about 4 140 m) reveal:(1)32Si activity decreasing slowly from the accumulation zone to 4 050 m altitude and then abruptly towards the snout.(2)Five zones of alternating high and low 210Pb activity in the surface samples.(3)An horizon at between 2 and 3 m depth containing 210Pb activity above natural levels. This horizon is also associated with 137Cs and a maximum in total ß activity.The ice samples have been dated on the basis of a simplified two–component model, the “fresh“contribution determined by 2l0Pb and the old component by 32Si. The following conclusions can be drawn from these observations:(1)The model age of the snout ice is c. 850 years.(2)The average rate of ice movement in the lower glacier is about 2 m/year, which compares well with the annual movement rate of 2.65 m/year observed since 1974.


2008 ◽  
Author(s):  
Melchior D Bryant ◽  
Maik Hammerschmidt ◽  
Hans H. Bauer ◽  
Michael Timm

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