Regional economic inequality is a persistent problem for all nations. Meanwhile, satellite-derived night-time light (NTL) data have been extensively used as an efficient proxy measure for economic activity. This study firstly proposes a new method for correction of the NTL data derived from the Visible Infrared Imaging Radiometer Suite (VIIRS) aboard the Suomi National Polar-orbiting Partnershi...

We take a fresh look at Theil’s BLUS residuals and ask why they have gone out of fashion. All our simulation experiments indicate that tests based on BLUS residuals have higher power than those based on the more popular recursive residuals, even in those cases (structural breaks) where intuition would favour the recursive residuals. JEL Classification: B23; C10; C13; C20

In this paper a fuzzy and cointegration analysis are used to forecast tourist demand in Greece. In the first part, Johansen’s maximum likelihood techniques are applied to estimate the long-run relationships for the principal five tourist generating countries in Greece. In the second part, the estimated error correction terms are introduced to the first difference models to estimate the five sho...

Changes in biodiversity owing to vegetation degradation resulting from widespread urbanization demands serious attention. However, the connection between vegetation degradation and urbanization appears to be complex and nonlinear, and deserves a series of long-term observations. On the basis of the Normalized Difference Vegetation Index (NDVI) and the image’s digital number (DN) in nighttime st...

Adiqa Kiani ABSTRACT Using Tornqvist-Theil Index, average annual total factor productivity (TFP) growth rate of all major and minor crops in NWFP is found to be 1.5 percent, during 1969-2004. The marginal internal rate of return to provincial investment in research for TFP growth was in the range of 34 to 42 percent over the same period. Almon distributed lag model has also been estimated, usin...

A laboratory experiment and two field studies were used to compare the accuracy of three methods that allow judgmental forecasts to be integrated with statistical methods. In all three studies the judgmental forecaster had exclusive access to contextual (or non time-series) information. The three methods compared were: (i) statistical correction of judgmental biases using Theil’s optimal linear...

Discusses the interaction between socio-economic systems and their natural environment, by examining the indicators of sustainable development. Areas covered by the operationalization of sustainable development indicators; Details on the global nature of environmental problems; Important strategy of the operationalization of sustainable development; Link between economic data and ecological ind...

The regional policy in China is shifting from solely gross domestic product (GDP) orientation to development that is more balanced between economic growth and ecological protection, as well as achieving equality among regions. Using land use maps and the adjusted value coefficients to assess ecosystem service values (ESV) for the 1980s, 1995, 2000, and 2010, we estimated the ESV in Shaanxi Prov...