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Using the 1999 durable consumption survey data in rural China, we examine the importance of local spillovers in the diffusion of three major durable goods, i.e., color television set, washing machine, and refrigerator. We find that, with control for many family characteristics, a household is...
Persistent link: https://www.econbiz.de/10009328146
In this paper we propose a new nonparametric kernel based estimator for a density function $f$ which achieves bias reduction relative to the classical Rosenblatt-Parzen estimator. Contrary to some existing estimators that provide for bias reduction, our estimator has a full asymptotic...
Persistent link: https://www.econbiz.de/10008565098