We argue that the welfare inferences drawn from answers to subjective-qualitative survey questions are clouded by concerns over the structure of measurement errors and how latent psychological factors influence observed respondent characteristics. We propose a panel data model that allows more robust tests and we estimate the model on a high-quality survey for Russia. We find significant income...

the paper presents an analysis of both energy intensity and energy demand for the italianindustrial sector. the aim of the paper is twofold: making a decomposition of energy intensity at the aggregate level and modeling energy demand at the firm level. the decomposition of energy intensity shows different patterns for the different sub-sectors in the period of interest. in the micro approach, p...

The objective of this study is to investigate the factors affecting firm competitiveness in an emerging market—Turkey. In the paper, competitiveness is proxied by a firm’s financial performance. The empirical analysis is based on firms listed on Borsa Istanbul and covers the period between 2005 and 2014. Results from a firm-level panel data model indicate that return on assets is positively rel...

Mixed modes (MM) are receiving increased interest as a possible solution for saving costs in panel surveys, although the lasting effects on data quality are unknown. To better understand the effects of MM on panel data I will examine its impact on random and systematic error and on estimates of change. The SF12, a health scale, in the Understanding Society Innovation Panel is used for the analy...

the implementation of economic projects by targeting the subsidies can have a great effect on the costcompetitiveness of the industries and their products. the global steel industry has been considered as a basickey industry in the industrialized countries. it is also among the industries that may be seriously affected by theenforcement of subsidies. this industry, requiring energy and high-tec...