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Some recent papers by Dell et al. (2009) and Dell et al. (2012) (DJO) relating weather and economic outcomes, have … countries, leaving rich countries basically unaffected. In this study, we make use of a detailed weather and economic dataset …
Persistent link: https://www.econbiz.de/10011130323
This paper considers a flexible panel data sample selection model in which (i) the outcome equation is permitted to take a semiparametric, varying coefficient form to capture potential parameter heterogeneity in the relationship of interest, (ii) both the outcome and (parametric) selection...
Persistent link: https://www.econbiz.de/10011109577
Active Labour Market Policies (ALMPs), which provide training and subsidised employment to the unemployed, are an important part of Ireland’s welfare state. While a good deal of existing research is concerned with the effect of these policies on employment chances and on wage rates, none...
Persistent link: https://www.econbiz.de/10005617066
In this paper, we study the effect that different serial correlation adjustment methods can have on panel cointegration …
Persistent link: https://www.econbiz.de/10005789822
By examining the impact of capital regulation on bank risk-taking using a local estimation technique, we are able to quantify the heterogeneous response of banks towards this type of regulation in banking sectors of western-type economies. Subsequently, using this information on the bank-level...
Persistent link: https://www.econbiz.de/10008490462
This paper studies the income inequality and economic development relationship by using unbalanced panel data of OECD and non-OECD countries for the period 1962 - 2003. The nonparametric estimation results show that income inequality in OECD countries are almost on the backside of the inverted-U...
Persistent link: https://www.econbiz.de/10009647376
time series econometric techniques of unit root test, co-integration and related error correction model for a panel data …) process, we next have performed the panel data co-integration test and finally, we have estimated the ECM (for these country … groups for which significant income-emission cointegration was obtained) to explore the nature of dynamics implicit in the …
Persistent link: https://www.econbiz.de/10011111542
This paper tests the convergence in per-capita carbon dioxide emissions for a collection of developed and developing countries using data spanning the period 1870 to 2002. For this purpose, three recently developed panel unit root tests that permit for dependence among the individual countries...
Persistent link: https://www.econbiz.de/10005786905
Global climate change and security of supply concerns pose significant challenges for sustainable development as well as the need to improve energy efficiency in transition and developing economies. Meanwhile, economic theory suggests that market-based economic policies and reforms are crucial...
Persistent link: https://www.econbiz.de/10009294669
This paper aims to give a contribution on the still questioned bell-shaped relationship between carbon dioxide polluting emissions and economic growth, which is commonly known in the literature as the Environmental Kuznets Curve hypothesis. In particular, it develops a panel analysis for a group...
Persistent link: https://www.econbiz.de/10008684859