Marketing variables included in consumer discrete choice models are often endogenous. Extant treatments using likelihood-based estimators impose parametric distributional assumptions such as normality, on the source of endogeneity. These assumptions are restrictive as misspecified distributions have an impact on parameter estimates and associated elasticities. The normality assumption for endog...

There is controversy between Putnam and Olson concerning the role of group. Putnam argued that small group makes a contribution to economic growth whereas Olson asserted that small group hampers the economic growth through rent-seeking behavior. Since the end of the 1990s in Japan, there has been a remarkable rise in the rate of enactment of public information-disclosure ordinances by local gov...

Subjective Health Assessments and Active Labor Market Participation of Older Men: Evidence from a Semiparametric Binary Choice Model with Nonadditive Correlated Individual-Specific Effects We use panel data from the US Health and Retirement Study 1992-2002 to estimate the effect of self-assessed health limitations on active labor market participation of men around retirement age. Self-assessmen...

A popular proxy for gun ownership is the fraction of suicides from firearms. This has made identifying the causal effect of guns on suicide difficult. In this article, firearm background checks are used as a proxy for changes in gun ownership rates, allowing the effect of guns on suicide to be identified. The results from panel data regressions show that increases in firearm background checks r...

This paper investigates the effect of tax incentives on R&D activities in Taiwanese manufacturing firms. Specifically, we assess the potential R&D-enhancing effect on recipients of R&D tax credits compared with their non-recipient counterparts. Moreover, the potential difference in the R&D-enhancing effect between high-tech and non-high-tech firms is also examined. Utilizing a firm-level panel ...

There are large differences across transition countries with respect to agricultural-sector performance and corresponding scope of farm restructuring and shift to individual farming. In this paper we analyze the impact of individualization on productivity growth within an augmented neo-classical growth model framework. This approach allows us to circumvent criticisms on the grounds of lack of t...

This paper examines the effects of province corporate income tax policies on firm employment. It uses A-share listed Chinese firms’ panel data for 2004 to 2014. To control for unobservable time-varying province characteristics, we employ a quadratic function of time to approximate the effect of time-varying province heterogeneity. We also construct an instrumental variable to deal with the pote...

This paper investigates the determinants of intraindustry trade IIT , horizontal IIT HIIT , and Vertical IIT VIIT in the automobile industry in Portugal. The trade in this sector between Portugal and the European Union EU-27 was examined, between 1995 and 2008, using a dynamic panel data. We apply the GMM system to solve the problems of serial correlation and the endogeneity of some explanatory...

This paper identifies the main sources of urban increasing returns, after Marshall. The geographical distance across which externalities flow is also examined. We bring to bear on these questions plant-level data organized in the form of a panel across the years 1989 and 1999. Plant-level production functions are estimated across the Canadian manufacturing sector as a whole and for five broad i...

Using administrative panel data on the entire Danish population we document a new set of facts characterizing occupational mobility. For most occupations, mobility is U-shaped and directional: not only low but also high wage earners within an occupation have a particularly large probability of leaving their occupation, and the low (high) earners tend to switch to new occupations with lower (hig...