Considerable prior research argues that time to death, not population aging, explains the growth of healthcare expenditures. The objective of this study is to shed light on this debate by presenting new evidence on the red herring hypothesis. This study adopts quantile regression analysis to...

Empirical evidence has suggested that R&D investment is positively related to economic growth. This paper extends prior research by further examining the heterogeneous effects of R&D expenditures in the high-tech sector on economic growth. This study adopts a quantile regression approach to...

The agency theory, transactional cost economics, and traditional strategic management perspectives have provided several key corporate financial policies. However, these policies have generally been discussed and established separately. This study explores the causal structure of corporate...

Healthcare is turning a big business. A better understanding of the factors affecting healthcare expenditure (HCE) can assist expenditure control. This study uses fuzzy set/Qualitative Comparative Analysis (fsQCA) to explore the sufficient conditions for the outcome, HCE. FsQCA provides causal...

Quantile regression is popular because it provides more information as well as comprehensive interpretations. To improve forecasting performance, this study proposes a new quantile information criterion (NQIC), on the basis of the coefficient of variation, and expects the NQIC to reflect whether...

Numerous studies focus on the analysis of the effects of different factors on global information and communication technology (ICT) adoption. Due to the limitations of the least squares method in showing the impact of the estimated coefficients on the mean, this study applies quantile regression...