This paper studies the Balassa-Samuelson hypothesis in two areas with strong differences in economic development, sixteen OECD countries and sixteen Latin American economies. Applying panel cointegration and bootstrapping techniques that solve for cross-sectional dependence problems in the data, we find that the second stage of the hypothesis, which relates relative sector prices with the real ...

In a model where cooperation is beneficial, but subject to cheating, and is supported by trigger strategy punishments in a repeated game, we explore the relationship between the nature of cooperation (size and composition of coalitions) and underlying inequality in the distribution of private productive assets. JEL Codes: C72, D30, D70, O10, P0

This introduction to the plm package is a slightly modified version of Croissant and Millo (2008), published in the Journal of Statistical Software. Panel data econometrics is obviously one of the main fields in the profession, but most of the models used are difficult to estimate with R. plm is a package for R which intends to make the estimation of linear panel models straightforward. plm pro...

W quantify how user mobile Internet usage relates to unique characteristics of the mobile Internet. In particular, we focus on examining how the mobile-phone-based content generation behavior of users relates to content usage behavior. The key objective is to analyze whether there is a positive or negative interdependence between the two activities. We use a unique panel data set that consists ...

This paper reviews some of the econometrics problems faced when estimating a rational addiction model of Becker and Murphy (1988) using panel data. This is illustrated with three empirical applications. The …rst application looks at cigarette consumption using macro panel data on American states over time (see Baltagi and Gri¢ n (2001)). The second application looks at liquor consumption using ...

The paper enquires into the e¤ects of China’s entry into the WTO on its economic growth. We ...nd that even in the short run (2001-2005), economic performance can be improved due to obtaining higher survival probability of economic growth rate and better protection of consumer welfare. JEL classi...cation: F10, O10

the aim of this research is to analyse of empirical relationship of fiscal policy and iranian trade account in the years 1338-1385(1959-2006). in and econometrics model the methods of engle and granger (1987), johansen (1988), ardl, pessaran and shin(1998), philips and hansen(1990), have been used to find out the effects of variables such as government expenditures(the component of public deman...

in recent years, economists have paid attention to the relationship between emotions and productivity. economists investigated the bi-directional effect of emotion and subjective well-being, such as happiness, on different economic variables, such as productivity, health, income, and so on. in this paper, we try to study the effect of income on labour force happiness in iran. for this purpose, ...

We develop a nonparametric test of productive efficiency that accounts for the possibility of errors-in-variables. The test allows for statistical inference based on the extreme value distribution of the L?? norm. In contrast to the test proposed by Varian, H (1985): 'Nonparametric Analysis of Optimising Behaviour with Measurement Error, Journal of Econometrics 30, 445458, our test can be compu...

Abstract The work at hand presents a new extensive panel dataset for energy economics, econometrics and policy. referred is made of 5000 observations circa, including 6 economics variables the majority world’s countries (n = 136), extended years (2009–2014). Data can be used diverse studies, especially socioeconomic environmental aspects innovation efficiency investigations. analysed data explo...