improved the exposition, but they are in no way responsible for remaining flaws. Engle's footsteps range widely. His major contributions include early work on band-spectral regression, development and unification of the theory of model specification tests (particularly Lagrange multiplier tests), clarification of the meaning of econometric exogeneity and its relationship to causality, and his l...

Description: This study covers the outlook for products and services in Cagayan De Oro City. Estimates reported are given for the latent demand, or potential industry earnings (P.I.E.), for Cagayan De Oro City across hundreds of categories (in millions of U.S. dollars) and of the region and of the globe. These comparative benchmarks allow the reader to quickly gauge a Cagayan De Oro City vis-à-...

The forecasts accuracy evaluation became a constant preoccupation of specialists in forecasting, because of the failure of predictions that caused the actual economic crisis. The objective of this research is to model and predict some economic variables corresponding too few macroeconomic blocks for Romanian economy. The forecast method is represented by econometric models. Moreover, the accura...

This paper studies the saving behavior of rural households in Vietnam from two aspects: volume of savings and methods of saving. Two econometric models are conducted, the first one is a panel data model, used to examine the determinants of household saving; and the second one is a multinomial logit model used to investigate how a household chooses the way to save. Both models are based on the l...

Institutional aspects of economic growth are critically reviewed with emphasis on the fiscal crisis facing the European Union (EU). In particular the importance of public debt, economic governance, and industrial competition are assessed, as well as the effectiveness of econometric models in forecasting economic growth. Likewise, the debate on whether political institutions cause economic growt...

This contribution is deliberately application-oriented. Conversely, the considered application introduces new circumstances and helpful designs for the graph techniques and interpretations. This study seeks to improve the knowledge of the the cyclical structure of macro-econometric models. The retained application is a recent academic model from Fair ’94 for the United States. This empirical ec...

Description: This study covers the outlook for products and services in Akim Oda. Estimates reported are given for the latent demand, or potential industry earnings (P.I.E.), for Akim Oda across hundreds of categories (in millions of U.S. dollars) and of the region and of the globe. These comparative benchmarks allow the reader to quickly gauge a Akim Oda vis-à-vis the world. Using econometric ...

This paper seeks to answer two questions about executive compensation. How important is hidden information relative to moral hazard, and how biased are empirical measures of moral hazard in econometric models that do not account for hidden information? An analytical stage of this paper exploit restrictions from the theory of optimal contracting to identify hidden information and di¤erentiate it...

Science-based” standards are an integral part of modern regulatory systems. Studies on “public understanding of science” mostly focus on high technology areas in advanced economies. In contrast, the present study analyses the public understanding of regulation in the context of standard-setting for bottled water quality in India. Using primary data, the econometric models of this paper show tha...

The borders of EU are open for the movement of resources but still there can be some strong negative effects of international borders on productivity and knowledge spillovers compared to the internal regional borders. These negative effect could be due to language barriers, cultural differences, local rules and regulation, legal issues, property rights etc. These effects of international border...