Search Results - subject:"Functional Form"

Specification of Functional Form in Models of Population Migration

Cushing, Brian - Regional Research Institute (RRI), West Virginia University - 2005

specification issue in the context of an aggregate migration model: choice of functional form. The discussion lays out a theoretical … basis for choosing functional form. It follows this with a comparison of empirical results for several functional forms …. Statistical tests are used to choose the most appropriate functional form. …

Persistent link: https://www.econbiz.de/10010781378

Specification of Functional Form in Models of Population Migration

Cushing, Brian - Regional Research Institute (RRI), West Virginia University - 2005

Persistent link: https://www.econbiz.de/10010929302

The Need for Theoretically Consistent Efficiency Frontiers

Sauer, Johannes; Hockmann, Heinrich - European Association of Agricultural Economists - EAAE - 2005

functional form. The robustness of policy suggestions based on inferences from efficiency measures nevertheless crucially depends …

Persistent link: https://www.econbiz.de/10005039031

Revenue Forecasting; How is it Done? Results From a Survey of Low-Income Countries

Kyobe, Annette; Danninger, Stephan - International Monetary Fund (IMF) - 2005

This paper takes stock of revenue forecasting practices in low-income countries, and provides a comprehensive and condensed account of the revenue forecasting process. Based on a new dataset on 34 low-income countries, it catalogues forecasting practices and procedures from inception until...

Persistent link: https://www.econbiz.de/10005769216

Is Russia Still Driving Regional Economic Growth?

Pani, Marco; Jafarov, Etibar; Shiells, Clinton R. - International Monetary Fund (IMF) - 2005

This paper investigates whether the linkages between economic growth in Russia and growth in other countries in the region have weakened over time, particularly following the 1998 Russian crisis. It specifies an econometric model that includes standard growth determinants as well as Russian...

Persistent link: https://www.econbiz.de/10005599404

Relating the Knowledge Production Function to total Factor Productivity; An Endogenous Growth Puzzle

Joutz, Frederick L.; Abdih, Yasser - International Monetary Fund (IMF) - 2005

The knowledge production function is central to R&D-based growth models. This paper empirically investigates the knowledge production function and intertemporal spillover effects using cointegration techniques. Time-series evidence suggests there are two long-run cointegrating relationships. The...

Persistent link: https://www.econbiz.de/10005605296

An Estimated Small Open Economy Model of the Financial Accelerator

Justiniano, Alejandro; Elekdag, Selim; Tchakarov, Ivan - International Monetary Fund (IMF) - 2005

This paper develops a small open economy model where entrepreneurs partially finance investment using foreign currency denominated debt subject to a risk premium above and beyond international interest rates. We use Bayesian estimation techniques to evaluate the importance of balance sheet...

Persistent link: https://www.econbiz.de/10005826005

“Efficiency Flooding”: Black-Box Frontiers and Policy Implications

Sauer, J.F. - In: International Journal of Applied Econometrics and … 2 (2005) 1, pp. 17-52

This research aims to comtribute to the discussion on the importance of theoretically consistent modelling for stochastic efficiency analysis. The robustness of policy suggestions based on inferences from efficiency measures crucially depends on theoretically well-founded estimates. The...

Persistent link: https://www.econbiz.de/10005243502

Deficit Limits, Budget Rules and Fiscal Policy

Manasse, Paolo - International Monetary Fund (IMF) - 2005

The paper presents a simple model for discussing the effects of deficit limits and budget rules on fiscal policy. I find that limits on deficit-output ratios provide incentives to implement procyclical policies when the economy is in intermediate states, and countercyclical policies only in very...

Persistent link: https://www.econbiz.de/10005263724

Growth Empirics Under Model Uncertainty; Is Africa Different?

Tsangarides, Charalambos G. - International Monetary Fund (IMF) - 2005

This paper attempts to identify robust patterns of cross-country growth behavior in the world as a whole and Africa. It employs a novel methodology that incorporates a dynamic panel estimator, and Bayesian Model Averaging to explicitly account for model uncertainty. The findings indicate that:...

Persistent link: https://www.econbiz.de/10005264072