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This paper investigates the evolution of regional socio-economic disparity in China during the period 1998-2010. A new composite index of development (CIRD) is developed to capture the five main dimensions of regional development: macroeconomic conditions, science and innovation performance,...
Persistent link: https://www.econbiz.de/10015246173
The possibility that a structural equation may not be identified casts doubt on the measures of estimator precision that are normally used. We argue that the observed identifiability test statistic is directly relevant to the precision with which the structural parameters can be estimated, and...
Persistent link: https://www.econbiz.de/10009458589
The existence of a uniformly consistent estimator for a particular parameter is well-known to depend on the uniform continuity of the functional that defines the parameter in terms of the model. Recently, Potscher (Econometrica, 70, pp 1035 - 1065) showed that estimator risk may be bounded below...
Persistent link: https://www.econbiz.de/10009458247