scholarly journals An Analysis Of The Return Dependence Between Large And Small Capitalization Stocks

2011 ◽  
Vol 2 (6) ◽  
Author(s):  
Rakesh Bali ◽  
Hany Guirguis
Keyword(s):  
Monetary Policy ◽  
Small Firm ◽  
Model Misspecification ◽  
Seemingly Unrelated Regression ◽  
January Effect ◽  
Regression Estimation ◽  
Unrelated Regression ◽  
Pattern Correlation ◽  
Initial Results ◽  
Macroeconomic Environment

In a Seemingly Unrelated Regression Estimation (SURE) framework, we examine the Granger-causal linkages between the monthly returns of small and large market capitalization stocks. Our initial results confirm that the returns of large stocks lead those of smaller stocks as reported by Lo and MacKinlay (1988). However, such causality disappears once we account for the small-firm January effect, the feedback of monetary policy, and the expectation of a recession. Thus, we attribute the lead-lag pattern correlation to model misspecification that fails to incorporate the macroeconomic environment and its seasonality.

Spending Behavior of Thai Tourists in Dan Sai District, Loei province, Thailand: Seemingly Unrelated Regression Estimation Analysis

2019 ◽  
Vol 9 (5) ◽  
pp. 1062
Author(s):  
Sakkarin NONTHAPOT ◽  
Thanet WATTANAKUL ◽  
Kitiya WANGKEEREE
Keyword(s):  
Marketing Strategies ◽  
Seemingly Unrelated Regression ◽  
Demand System ◽  
Price Strategy ◽  
Regression Estimation ◽  
Travel Costs ◽  
Unrelated Regression ◽  
Food And Beverage ◽  
Spending Behavior ◽  
The Cost

The purpose of this study is to investigate the spending behavior of Thai tourists in Dan Sai District, Loei province, Thailand by applying the Almost Ideal Demand System (AIDS) model. The analysis was conducted by employing Seemingly Unrelated Regression Estimation (SURE). A questionnaire was used to collect data and 400 samples were collected. The results revealed that the price factor influences the cost of accommodation on other expenses, food and beverage expenses on other expenses and travel expenses on other expenses while the revenue factor influences travel costs on other expenses and the cost of souvenirs on other expenses. The results of the study show that there should be measures to stimulate tourist spending using price strategy to encourage tourists to spend more, and marketing strategies should be used to encourage high-income tourists to spend in Dan Sai District.

An Evaluation of the Use of Ordinary Least Squares for Estimating Tourism Demand Models

1997 ◽  
Vol 35 (4) ◽  
pp. 69-73 ◽  
Author(s):  
Clive L. Morley
Keyword(s):  
Least Squares ◽  
Ordinary Least Squares ◽  
Seemingly Unrelated Regression ◽  
Percentage Error ◽  
Regression Estimation ◽  
Tourism Demand ◽  
Constant Variance ◽  
Unrelated Regression ◽  
Demand Models ◽  
The Common

Estimating tourism demand models involves a set of related equations with errors that may not satisfy the common assumptions of being independent, with constant variance and normal distribution. In such circumstances, seemingly unrelated regression estimation may be considered a better estimation technique than ordinary least squares. Results from a simulation exercise, however, show that generally there is little difference between ordinary least squares and seemingly unrelated regression. The ordinary least squares technique performs well, and the results give little reason to use more complex estimation techniques. Another feature of tourism data is that strong growth in tourist numbers is often observed. This feature implies that models in which such series are the dependent variable are not consistently estimated by least squares methods. A percentage error loss function is proposed as a more appropriate criterion for estimating tourist data of this type.

A Note on the Efficiency of Seemingly Unrelated Regression

1988 ◽  
Vol 42 (2) ◽  
pp. 137-139 ◽  
Author(s):  
James K. Binkley ◽  
Carl H. Nelson
Keyword(s):  
Seemingly Unrelated Regression ◽  
Unrelated Regression

Workplace disability and job satisfaction in Britain: A co-worker test?

2021 ◽  
pp. 0143831X2110142
Author(s):  
Getinet Astatike Haile
Keyword(s):  
Job Satisfaction ◽  
Negative Relationship ◽  
Organisational Culture ◽  
Seemingly Unrelated Regression ◽  
Unrelated Regression ◽  
Significant Negative Relationship ◽  
Using Data

The article examines the link between workplace disability (WD) and workplace job satisfaction (JS) using data from WERS2011. Controlling for a rich set of workplace characteristics including organisational culture, the study finds a significant negative relationship between JS and the share of disabled respondents within workplaces. Notably, Seemingly Unrelated Regression (SUR)-based analysis distinguishing between disabled and non-disabled respondents reveals that the negative relationship found is specific to non-disabled respondents. Moreover, disability equality policies are found to be significantly positively related with disabled respondents’ JS while they are negatively related with the JS of their non-disabled counterparts. The article ponders if there is a co-worker aspect to the WD–JS link and whether HR policies may need to take heed of co-worker dynamics in this respect.

Determinan Kelaparan di Indonesia Tahun 2015-2019

2021 ◽  
Vol 2021 (1) ◽  
pp. 547-556
Author(s):  
Daniel M V Mone ◽  
Efri Diah Utami
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Fixed Effect Model ◽  
Fixed Effect ◽  
Seemingly Unrelated Regression ◽  
Unrelated Regression ◽  
Effect Model ◽  
Development Goals

Sustainable Development Goals (SDGs) adalah sebuah perencana aksi berskala global yang disepakati oleh para pemimpin dunia, termasuk Indonesia dengan tujuan mendorong pembangunan sosial, ekonomi dan lingkungan hidup. Salah satu dari 17 tujuan SDGs adalah mengakhiri kelaparan. Berdasarkan data yang dirilis Badan Pusat Statistik, salah satu pendekatan untuk mengukur tingkat kelaparan adalah proporsi penduduk dengan asupan kalori minimum di bawah 1400 kkal/kapita/hari.  Proporsi penduduk dengan asupan kalori minimum di bawah 1400 kkal/kapita/hari di Indonesia masih cukup tinggi dan terus mengalami peningkatan dari tahun 2017 hingga 2019. Penelitian ini bertujuan untuk menganalisis bagaimana gambaran umum dari tingkat kelaparan dan variabel-variabel yang diduga mempengaruhinya, serta  bagaimana pengaruh variabel-variabel tersebut terhadap tingkat kelaparan di Indonesia tahun 2015-2019. Hasil dari penelitian ini dapat digunakan untuk merumuskan kebijakan-kebijakan guna penuntasan kelaparan di Indonesia. Metode analisis yang digunakan adalah regresi data panel dengan menggunakan  fixed effect model yang diestimasi dengan metode Seemingly Unrelated Regression (SUR). Hasil dari penelitian ini menunjukkan bahwa variabel yang berpengaruh signifikan terhadap tingkat kelaparan adalah pengeluaran makanan dan harga beras, sedangkan jumlah penduduk miskin dan pendapatan perkapita tidak berpengaruh signifikan.

scholarly journals Robust Bayesian seemingly unrelated regression model

2018 ◽  
Vol 34 (3) ◽  
pp. 1135-1157
Author(s):  
Chamberlain Mbah ◽  
Kris Peremans ◽  
Stefan Van Aelst ◽  
Dries F. Benoit
Keyword(s):  
Regression Model ◽  
Seemingly Unrelated Regression ◽  
Unrelated Regression ◽  
Seemingly Unrelated Regression Model

scholarly journals Seemingly unrelated regression models

2013 ◽  
Vol 58 (1) ◽  
pp. 111-123 ◽  
Author(s):  
Lubomír Kubáček
Keyword(s):  
Regression Models ◽  
Seemingly Unrelated Regression ◽  
Unrelated Regression

scholarly journals ELASTISITAS HARGA TERHADAP PENAWARAN OUTPUT DAN PERMINTAAN INPUT USAHATANI JAGUNG DI KABUPATEN GROBOGAN, JAWA TENGAH

2020 ◽  
Vol 22 (2) ◽  
pp. 213
Author(s):  
Dewi Sahara ◽  
Tota Suhendrata
Keyword(s):  
Seemingly Unrelated Regression ◽  
Unrelated Regression

Permintaan jagung cenderung meningkat, namun harganya juga relatif berfluktuasi. Penelitian ini bertujuan untuk mengetahui pengaruh perubahan harga output dan harga input terhadap penawaran jagung dan permintaan input produksi. Kegiatan dilaksanakan pada bulan September – Nopember 2016 dengan metode survey terhadap 30 petani jagung di Desa Boloh, Kecamatan Toroh, Kabupaten Grobogan.  Data yang dikumpulkan meliputi data karakteristik rumah tangga, jumlah dan harga input, jumlah dan harga jagung. Data dianalisis dalam bentuk pangsa biaya menggunakan metode <em>Seemingly Unrelated Regression</em> (SUR). Hasil penelitian menunjukkan bahwa penawaran output terhadap harga sendiri bersifat elastis dengan tanda positif, sedangkan terhadap harga input bertanda negatif dan bersifat inelastis, kecuali terhadap permintaan pupuk Urea.  Elastisitas permintaan input terhadap harga sendiri bertanda negatif dan inelastis kecuali terhadap permintaan pupuk Urea dan tenaga kerja bersifat elastis, sedangkan terhadap harga input lainnya besaran dan tandanya bervariasi.  Luas areal tanam bersifat inelastis terhadap permintaan input produksi. Demikian pula dengan pendidikan dan pengalaman usahatani bersifat inelastis kecuali terhadap permintaan tenaga kerja bersifat elastis. Oleh karena itu untuk meningkatkan produksi jagung dapat dilakukan dengan meningkatkan harga jagung, memperluas areal tanam dan meningkatkan kapabilitas sumberdaya petani.

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