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. Simulation methods have been developed to approximate a solution for these integrals. This paper describes the Standard Halton … sequence and a modification of it, the Shuffled Halton sequence. Both are simulation methods which can reduce computational … effort compared to a random sequence. We compare the simulation methods in their coverage of the multi-dimensional area and …
Persistent link: https://www.econbiz.de/10011342045
We investigate the relationship between farm level competitiveness and environmental performance using Stochastic Frontier Analysis (SFA). We use an Irish panel of farm level financial data for the years 2000-2017 to analyse the link between EU Common Agricultural Policy environmental payments,...
Persistent link: https://www.econbiz.de/10012694812
power has become a policy priority. To fill this knowledge gap, this paper introduces a simple simulation method, the …
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simulation scenarios and assumptions. We find that in a (medium case) scenario of declines of incomes by 10 percent across the … million less than expected number of Filipinos falling into poverty. These simulation results are consistent with nowcasting …
Persistent link: https://www.econbiz.de/10012265897
VAT rates have changed multiple times and to a relatively great extent in Hungary during the past years. We use the resulting price changes in estimating the price- and income-elasticity of households’ expenditures. As a novelty, we introduce an interaction term in estimating the demand system...
Persistent link: https://www.econbiz.de/10011588723