Despite a number of significant advances in count data modeling during the last two decades and the growing popularity of these models in recreation demand analysis, standard count data models are inadequate to address the fast decay process of the dependent variable and the associated long...

This article presents an econometric analysis of the effects of price floors on price dynamics and price volatility in a multimarket context. We investigate the implications of a government price-support program providing a censoring mechanism to the price determination process. The analysis...

The article develops an alternative econometric methodology to estimate a system of censored demand equations using a large cross-section data from Colombian urban households. The approach preserves the behavioral information expressed by zero expenditures and conforms with the requirements...

East Germany has undergone rapid transition from a socialist to a market economy since the fall of the Berlin Wall. We are interested in whether women are better off or worse off relative to men as a result of this transition. We use the German Socio-Economic Panel Data 1990-1997 to study wage...

This paper considers the effect of different firm leadership on the innovative performance of firms from seven EU countries. We investigate whether owner-led or manager-led firms achieve a larger share of their turnover with product innovations. Economic theory does not propose clear answers to...

This paper examines the determinants of corporate dividend policy in Jordan. The study uses a firm-level panel data set of all publicly traded firms on the Amman Stock Exchange between 1989 and 2000. The study develops eight research hypotheses, which are used to represent the main theories of...