Search Results - subject:"Panel data analysis"

A Re-examination of the Performance of Value Strategies in the Athens Stock Exchange

Kyriazis, Dimitrios; Christou, Chris - In: International Advances in Economic Research 19 (2013) 2, pp. 131-151

. Our panel data analysis results depend on whether or not we correct for the problem of cross-sectional correlation in the … data analysis based on the procedure suggested by Pesaran (<CitationRef CitationID="CR29">2004</CitationRef>, Econometrica … ratios, financial leverage ratios, and market beta. Apart from the univariate portfolio analysis, we implement a novel panel …

Persistent link: https://www.econbiz.de/10010989363

The Relationship between Economic Growth and Income Distribution in Turkey and the Turkish Republics of Central Asia and Caucasia: Dynamic Panel Data Analysis with Structural Break...

Mercan, Mehmet; Azer, Ozlem - In: Eurasian Economic Review 3 (2013) 2, pp. 165-182

In this study, the effect of economic growth on income distribution was tested using data from Central Asian and Caucasian countries’ economies (Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan) and Turkish economy over the period of 1995 to 2009. New generation...

Persistent link: https://www.econbiz.de/10011151921

The Effect of Marketing Expenses on Stock Returns: The Case of ISE Food Industry

Topuz, Yusuf Volkan; Aksit, Nazlı - In: Anadolu University Journal of Social Sciences 13 (2013) 1, pp. 53-60

In this study, the effect of marketing expenses on stock returns has been studied. According to the generally accepted accounting principles, marketing expenses are a kind of cost and are presented in income statements as an operating expense. On the other hand, in addition to this view, new...

Persistent link: https://www.econbiz.de/10010833313

On the determinants of SME capital structure in Central and Eastern Europe: A dynamic panel analysis

Mateev, Miroslav; Poutziouris, Panikkos; Ivanov, Konstantin - In: Research in International Business and Finance 27 (2013) 1, pp. 28-51

micro, small, and medium-sized firms (SMEs) in Central and Eastern Europe (CEE). We carry out a panel data analysis of 3175 …

Persistent link: https://www.econbiz.de/10010588058

The impact of mean reversion model on portfolio investment strategies: Empirical evidence from emerging markets

Akarim, Yasemin Deniz; Sevim, Serafettin - In: Economic Modelling 31 (2013) C, pp. 453-459

Investors use mean reversion model to make decisions on which stocks should be taken in their portfolios according to their mean values. The first goal of the paper is to test the validity of the mean reversion model in emerging markets. Second, it aims to determine the best portfolio investment...

Persistent link: https://www.econbiz.de/10010636266

Linking the missing market: The effect of bond markets on economic growth

Thumrongvit, Patara; Kim, Yoonbai; Pyun, Chong Soo - In: International Review of Economics & Finance 27 (2013) C, pp. 529-541

Past studies have largely focused on the positive role of banks and stock markets on economic growth. This paper adds bond markets as a third key component of the financial system. Using a panel data set of 38 countries, and applying the generalized method of moments techniques for dynamic...

Persistent link: https://www.econbiz.de/10010664336

New evidence of heterogeneous bank interest rate pass-through in the euro area

Bernhofer, Dominik; van Treeck, Till - In: Economic Modelling 35 (2013) C, pp. 418-429

We analyse the bank interest rate pass-through in the euro area for the period 1999:1–2009:11, relating market interest rates to bank retail rates of comparable maturities. We first estimate single equation error correction models for seven interest rate categories and ten euro area countries...

Persistent link: https://www.econbiz.de/10010719403

Determinants of economic growth : a cross-country empirical investigation

Macambira Filho, José Kleber Duarte; Ferreira da … - In: The empirical economics letters : a monthly … 12 (2013) 1, pp. 83-94

Persistent link: https://www.econbiz.de/10010257987

New evidence of heterogeneous bank interest rate pass-through in the euro area

Bernhofer, Dominik; Treeck, Till van - In: Economic modelling 35 (2013), pp. 418-429

Persistent link: https://www.econbiz.de/10010259784

Spending allocation and entrepreneurship

Nica, Mihai - In: Journal of international entrepreneurship 11 (2013) 4, pp. 351-369

Persistent link: https://www.econbiz.de/10010232701