scholarly journals Econometric methodology

2021 ◽  
pp. 45-45
Author(s):  
Keyword(s):  
Econometric Methodology

scholarly journals Let’s Call their Bluff: The Politics of Econometric Methodology

2019 ◽  
Vol 25 (4) ◽  
Author(s):  
Jean-Paul Azam
Keyword(s):  
Foreign Aid ◽  
Instrumental Variables ◽  
Local Governments ◽  
Causal Analysis ◽  
Short Paper ◽  
Government Interventions ◽  
Econometric Methodology ◽  
Armed Violence ◽  
Choice Of Instruments ◽  
Identification Strategy

AbstractThis short paper focuses on econometric issues raised by intentional government interventions aimed at influencing some politically sensitive outcomes. It first presents an example where multiple regression analysis provides quite a misleading diagnosis about foreign aid and immigration that can be rectified by using a causal analysis based on instrumental variables. It then offers a simple theoretical framework to bring out the basic information asymmetries affecting the game between the econometrician and the policy maker and their implications for the choice of instruments in a near-identification strategy. This approach is shown to provide a strong political judgement in the case of the armed violence between local governments and “Maoist” insurgents in eight states of India. Proper econometric analysis shows that the initiative of the insurgency cannot be blamed on the rebels.

scholarly journals A Crook is a Crook . . . But is He Still a Crook Abroad? On the Effect of Immigration on Destination-Country Corruption

2015 ◽  
Vol 16 (4) ◽  
pp. 464-489 ◽  
Author(s):  
Eugen Dimant ◽  
Margarete Redlin ◽  
Tim Krieger
Keyword(s):  
Method Of Moments ◽  
Fixed Effects ◽  
Generalized Method Of Moments ◽  
Destination Country ◽  
Estimation Methods ◽  
Econometric Methodology ◽  
Migration Flows ◽  
The Difference ◽  
Method Of Moments Estimator ◽  
The Impact

AbstractThis paper analyzes the impact of migration on destination-country corruption levels. Capitalizing on a comprehensive dataset consisting of annual immigration stocks of OECD countries from 207 countries of origin for the period 1984-2008, we explore different channels through which corruption might migrate. We employ different estimation methods using fixed effects and Tobit regressions in order to validate our findings. Moreover, we also address the issue of endogeneity by using the Difference- Generalized Method of Moments estimator. Independent of the econometric methodology, we consistently find that while general migration has an insignificant effect on the destination country’s corruption level, immigration from corruption-ridden origin countries boosts corruption in the destination country. Our findings provide a more profound understanding of the socioeconomic implications associated with migration flows.

scholarly journals Econometric Modelling of Lithuanian Labour Market

2014 ◽  
Vol 53 (1) ◽  
pp. 40-52
Author(s):  
Dalia Tendziagolskytė ◽  
Rimantas Rudzkis
Keyword(s):  
Labour Market ◽  
Labour Force ◽  
Relative Number ◽  
Unknown Parameters ◽  
Foreign Countries ◽  
Svar Model ◽  
Private And Public ◽  
Econometric Methodology ◽  
Ministry Of Finance ◽  
The Unemployed

Lithuanian labour market indicators, such as the total number of employees, the number of employees in the private and public sectors, the number of the unemployed, labour force, employment and unemployment rates, the relative number of employees, average monthly gross income are analysed in the paper. The experience of foreign countries and Lithuania in creating labour market models and econometric methodology has been examined. As a result, a new model of the Lithuanian labour market is produced, comprising five regressive equations, which are part of the recursive SVAR model, and four identities, which are part of balance equations. According to the logic of economic and other research, relevant connections in the economy have been specified, unknown parameters of equations have been estimated. Finally, forecasts of endogenous indicators for 2014 have been provided, and results have been compared with the projections of the main labour market indicators for 2014−2017, published by the Ministry of Finance. Calculations have been made using a statistical package Gretl.

scholarly journals ECONOMETRIC METHODOLOGY OF MONOPOLIZATION PROCESS EVALUATION

2014 ◽  
Vol 12 (1) ◽  
pp. 47-59
Author(s):  
Dmitrijs Skoruks ◽  
Maija Šenfelde
Keyword(s):  
Process Evaluation ◽  
Market Competition ◽  
Main Question ◽  
Unified Framework ◽  
Competition Analysis ◽  
The Public ◽  
Private And Public ◽  
Econometric Methodology ◽  
Regulatory Functions ◽  
Further Development

The research “Econometric Methodology of Monopolization Process Evaluation” gives a perspective description of monopolization process’ nature, occurrence source, development procedure and internal conjuncture specifics, as well as providing an example of modern econometrical method application within a unified framework of market competition analysis for the purpose of conducting a quantitative competition evaluation on an industry level for practical use in both private and public sectors. The main question of the aforementioned research is the definition and quantitative analysis of monopolization effects in modern day globalized markets, while constructing an empirical model of the econometric analysis, based on the use of international historical experience of monopoly formations standings, with the goal of introducing a further development scheme for the use of both econometrical and statistical instruments in line with the forecasting and business research need of enterprises and regulatory functions of the public sector. The current research uses a vast variety of monopolization evaluation ratios and their econometrical updates on companies that are involved in the study procedure in order to detect and scallar measure their market monopolizing potential, based on the implemented acquired market positions, turnover shares and competition policies.

Stage-I Shariah compliant Macaulay’s duration model testing

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Syed Alamdar Ali Shah ◽  
Raditya Sukmana ◽  
Bayu Arie Fianto
Keyword(s):  
Error Correction ◽  
Duration Models ◽  
Duration Model ◽  
Islamic Banks ◽  
Correction Model ◽  
Content Type ◽  
Vector Error ◽  
Long Run ◽  
Econometric Methodology ◽  
Significant Factors

Purpose The purpose of this study is to develop, test and examine econometric methodology for Sharīʿah-compliant duration models of Islamic banks. Design/methodology/approach The research evaluates all existing duration models from Sharīʿah’s perspective and develops a four-stage framework for testing Sharīʿah-compliant duration models. The econometric methodology consists of multiple regression, Johansen co-integration, error correction model, vector error correction model (VECM) and threshold vector error models (TVECM). Findings Regressions analysis suggests that returns on earning assets and interbank offered rates are significant factors for calculating the duration of earning assets, whereas returns paid on return bearing liabilities and average interbank rates of deposits are significant factors for duration of return bearing liabilities. VECM suggests that short run duration converges into long run duration and TVECM suggests that management of assets and liabilities also plays a significant role that can bring about a change of about 15% in respective durations. Practical implications Sharīʿah-compliant duration models will improve risk and Sharīʿah efficiency, which will ultimately improve market capitalization and returns stability of Islamic banks in the long run. Originality/value Sharīʿah-compliant duration models testing provides insight into how various factors, namely, rates of return, benchmark rates and managerial skills of Islamic bank risk managers impact durations of assets and liabilities. It also explains the future course of action for Sharīʿah-compliant duration model testing.

The Empirics of the Digital Divide

2013 ◽  
pp. 294-312
Author(s):  
Wei-Min Hu ◽  
James E. Prieger
Keyword(s):  
Digital Divide ◽  
Empirical Studies ◽  
Duration Analysis ◽  
Estimation Methods ◽  
Cross Sectional ◽  
Technological Adoption ◽  
Digital Divides ◽  
Econometric Methodology ◽  
Catch Up ◽  
The U.S

Accurate measurement of digital divides is important for policy purposes. Empirical studies of broadband subscription gaps have largely used cross-sectional data, which cannot speak to the timing of technological adoption. Yet, the dynamics of a digital divide are important and deserve study. With the goal of improving our understanding of appropriate techniques for analyzing digital divides, we review econometric methodology and propose the use of duration analysis. We compare the performance of alternative estimation methods using a large dataset on DSL subscription in the U.S., paying particular attention to whether women, blacks, and Hispanics catch up to others in the broadband adoption race. We conclude that duration analysis best captures the dynamics of the broadband gaps and is a useful addition to the analytic tool box of digital divide researchers. Our results support the official collection of broadband statistics in panel form, where the same households are followed over time.

The Empirics of the Digital Divide

2010 ◽  
pp. 645-665 ◽  
Author(s):  
Wei-Min Hu ◽  
James E. Prieger
Keyword(s):  
Digital Divide ◽  
Empirical Studies ◽  
Duration Analysis ◽  
Estimation Methods ◽  
Cross Sectional ◽  
Technological Adoption ◽  
Digital Divides ◽  
Econometric Methodology ◽  
Catch Up ◽  
The U.S

Accurate measurement of digital divides is important for policy purposes. Empirical studies of broadband subscription gaps have largely used cross-sectional data, which cannot speak to the timing of technological adoption. Yet, the dynamics of a digital divide are important and deserve study. With the goal of improving our understanding of appropriate techniques for analyzing digital divides, we review econometric methodology and propose the use of duration analysis. We compare the performance of alternative estimation methods using a large dataset on DSL subscription in the U.S., paying particular attention to whether women, blacks, and Hispanics catch up to others in the broadband adoption race. We conclude that duration analysis best captures the dynamics of the broadband gaps and is a useful addition to the analytic tool box of digital divide researchers. Our results support the official collection of broadband statistics in panel form, where the same households are followed over time.

A Conversation on Econometric Methodology

1990 ◽  
Vol 6 (2) ◽  
pp. 171-261 ◽  
Author(s):  
David F. Hendry ◽  
Edward E. Learmer ◽  
Dale J. Poirier
Keyword(s):  
Econometric Methodology
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