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Hedonic models are commonly used to estimate marginal willingness pay for environmental amenities. These studies utilize variables that are assumed to be measured without error, such as the square footage of the lot or the number of bedrooms, and proxy variables such as neighborhood or school...
Persistent link: https://www.econbiz.de/10014119280
Empirical growth regressions typically include mean years of schooling as a proxy for human capital. However, empirical research often finds that the sign and significance of schooling depends on the sample of observations or the specification of the model. We use a nonparametric local-linear...
Persistent link: https://www.econbiz.de/10013089004
Empirical growth regressions typically include mean years of schooling as a proxy for human capital. However, empirical research often finds that the sign and significance of schooling depends on the sample of observations or the specification of the model. We use a nonparametric local-linear...
Persistent link: https://www.econbiz.de/10009681433
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While classical measurement error in the dependent variable in a linear regression framework results only in a loss of precision, non-classical measurement error can lead to estimates which are biased and inference which lacks power. Here, we consider a particular type of non-classical...
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While classical measurement error in the dependent variable in a linear regression framework results only in a loss of precision, non-classical measurement error can lead to estimates which are biased and inference which lacks power. Here, we consider a particular type of non-classical...
Persistent link: https://www.econbiz.de/10012100859
Chapter 1. Introduction -- Chapter 2. The Difference Approach to Productivity Measurement and Exact Indicators -- Chapter 3. Efficiency Driven Socio-Technical System Design -- Chapter 4. A Framework for the Assessment and Consolidation of Productivity Stylized Facts -- Chapter 5. Water’s...
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