When evaluating partial effects, it is important to distinguish between structural endogeneity and measurement errors. In contrast to linear models, these two sources of endogeneity affect partial effects differently in nonlinear models. We study this issue focusing on the Instrumental Variable...

Understanding consumer choices and their drivers of willingness to pay (WTP) for a bottle of wine has been a research challenge in wine economics, particularly in niche markets such as sparkling wine. This study investigates the determinants of WTP for sparkling wine based on data from...

Agriculture is the major source of income and employment creation for majority of least developed countries. Ethiopia as one of least developed countries of sub Saharan Africa, majority of its citizen's livelihood is predominantly dependent on agricultural products, more specifcally on the...

For central banks, official communications serve as essential monetary policy instruments: In press releases, speeches, and interviews, central banks explain their decisions, manage expectations, and promote confidence in their strategy. This Weekly Report analyzes European Central Bank (ECB)...

Selecting appropriate market outlets offer the opportunity for farmers to capture a bigger share of the price paid by final consumers. However, smallholder farmers in developing countries are still confronted with myriad challenges regarding selecting profitable market outlets. Thus, the main...

We forecast recessions in Canada using an autoregressive (AR) probit model. In this model, the presence of the lagged latent variable, which captures the autocorrelation in the recession binary variable, results in an intractable likelihood with a high dimensional integral. Therefore, we employ...

When evaluating partial effects, it is important to distinguish between structural endogeneity and measurement errors. In contrast to linear models, these two sources of endogeneity affect partial effects differently in nonlinear models. We study this issue focusing on the Instrumental Variable...

Background: The automotive industry is pivotal in advancing sustainability, with electric vehicles (EVs) essential for reducing emissions and promoting cleaner transport. This study examines the determinants of EV adoption intentions in Thailand, integrating demographic and psychographic factors...

Based on data from broadly representative surveys among more than 1,400 citizens in Germany and Sweden, this paper empirically examines the support of different groups of climate-related (passenger) transport policy measures targeting vehicle use, public transport, air travel, and bicycle use....

This research investigates the impact of digital village development on clean energy poverty (CEP) in rural areas within the context of energy and digitalization transition in the People's Republic of China (PRC). Utilizing the Index of Digital Rural County (IDRC) and China Family Panel Studies...

The paper analyses the "twin transition" of digitalisation and sustainability at the firm level. Operational definitions of digitalisation and sustainability allowing the development of fitting empirical indicators are discussed. The possible technical and social transmission channels of the...

We analyze persistence in marijuana consumption utilizing data from the 1997 cohort of the National Longitudinal Survey of Youth (NLSY97). We allow for three sources of persistence: pure state dependence, time invariant unobserved heterogeneity and persistence in idiosyncratic, time-varying...

In this paper we propose three different concentrated partial maximum likelihood estimators (CPMLE) for a new specification of a spatial dynamic panel data probit (SDPDprobit) model, which allows to deal with cross-sectional dependence, time dependence and individual (spatial) or time fixed...

The primary industry in Ethiopia that makes a significant contribution to economic growth is still agriculture. Despite making a considerable contribution to livelihoods, the sector continues to encounter difficulties since soil degradation and resource depletion have decreased crop and...

Market participation is both a cause and a consequence of economic development. Markets offer households the opportunity to specialize according to comparative advantage and thereby enjoy welfare gains from trade. The current literature on product marketing in Ghana is inadequate for designing...

Forests are admitted as a home for many inestimable goods and services that have an economic value for people living around. However, now a day, due to unsustainable utilization, different destructive human activities and natural phenomena's, most forest resources and their benefits become...

Buffer stock intervention is a hedging policy against income losses due to price fluctuations, primarily from farming activities, notably the production of cereals. This paper investigates the impact of buffer stock intervention on smallholder farmers' food security in Ghana. To this end, the...

Nowadays, education is considered an instrument that we use to eradicate poverty. It is also presumed as an indicator of modernization and a development realization tool. Education creates an opportunity to be employed in good positions in reducing unemployment. Scholars debate whether education...

In the absence of land sale, the emerging of land rental market among smallholder farmers in developing countries has important implications on land use efficiency, productivity and poverty reduction. The purpose of this study is to analyze jointly the socio-economic factors undertaking...

Financial inclusion is a cornerstone for economic growth. However, the area is not well explored in the developing world. Therefore, this paper is motivated to examine the drivers, barriers and motivations associated with financial inclusion in Ethiopia. We used formal accounts, formal savings,...

The success of climate change measures is highly dependent on household behaviour as one of the most important emission sources of carbon dioxide. Private heating, electricity consumption or private transport are important key levers to reduce households´ impacts on climate change. The paper...

This paper examines the role of internal locus of control in shaping transitions into homelessness. The data is taken from a longitudinal Australian dataset drawn from a sample of vulnerable individuals. The results, based on a Wooldridge Conditional Maximum Likelihood (WCML) estimator, show...

When evaluating partial effects, it is important to distinguish between structural endogeneity and measurement errors. In contrast to linear models, these two sources of endogeneity affect partial effects differently in nonlinear models. We study this issue focusing on the Instrumental Variable...

Pro-environmental waste disposal behavior plays a fundamental role in improving rural waste management and rural livability. Recent years have witnessed an increased social, political and academic interest in the influencing mechanism of pro-environmental waste disposal behavior. In particular,...

São Tomé and Príncipe (STP) is one of the world's smallest organic cocoa exporting countries, whose product has a positive socio-cultural and economic impact. Small producers who ensure it, are associated into two cooperatives that experience several difficulties and dilemmas including...

Using a large sample of establishments drawn from the Multi-City Study of Urban Inequality (MCSUI) employer survey, we study gender differences in promotion rates and in the wage gains attached to promotions. Several unique features of our data distinguish our analysis from the previous...

1. General Introduction -- 2. Dynamics in Econometrics -- 3. Estimating the Model -- 4. Testing the Model -- 5. Non-Stationarity and Cointegration -- 6. Specifying the ARDL Model -- 7. Vector Autoregressions -- 8. Panel Data Models -- 9. Non-Stationary Panels -- 10. The Binary Qualitative Model.