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based on the Monte Carlo simulation. The coefficient of variation of costs is mentioned as a measure of risk and the most …
Persistent link: https://www.econbiz.de/10010235611
This paper investigates the finite-sample properties of the smooth transition-based cointegration test proposed by Kapetanios et al. (2006) when the data generating process under the alternative hypothesis is a globally stationary second order LSTR model. The provided procedure describes an...
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, 2011) by means of Monte Carlo simulation focusing on their ability to identify production frontiers in the presence of …
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. Real option theory argues that research projects with conditional phases have option-like risk and return properties, and …
Persistent link: https://www.econbiz.de/10011373815
This paper provides Monte Carlo simulation evidence on the performance of methods used for identifying the effects of … theory, data on intra-national trade flows is required for identification. The bias of the three methods that do not utilize …
Persistent link: https://www.econbiz.de/10011772030
This paper provides Monte Carlo simulation evidence on the performance of methods used for identifying the effects of … theory, data on intra-national trade flows is required for identification. The bias of the three methods that do not utilize …
Persistent link: https://www.econbiz.de/10011764346
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