Fatores determinantes da eficiência do setor bancário em Portugal: uma aplicação através de modelos de regressão fracional [PDF]
, 2018 The participation in the Euro area and the current financial crisis substantially conditioned the development of the Portuguese banking industry, for which is expected a continuous fall in income and a growing competitive pressure, improving the need to ...
Martins, Ana
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Modeling Censored Data Using Mixture Regression Models with an Application to Cattle Production Yields [PDF]
This research develops a mixture regression model that is shown to have advantages over the classical Tobit model in model fit and predictive tests when data are generated from a two step process. Additionally, the model is shown to allow for flexibility
Belasco, Eric J., Ghosh, Sujit K.
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The local to unity dynamic Tobit model
Journal of EconometricsThis paper considers highly persistent time series that are subject to nonlinearities in the form of censoring or an occasionally binding constraint, such as are regularly encountered in macroeconomics. A tractable candidate model for such series is the dynamic Tobit with a root local to unity. We show that this model generates a process that converges
Bykhovskaya, A, Duffy, J
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HOW USEFUL IS CONTINGENT VALUATION OF THE ENVIRONMENT TO WATER SERVICES? EVIDENCE FROM SOUTH EAST, NIGERIA [PDF]
Contingent Valuation Methods (CVM) Willingness To Pay (WTP) Tobit (censored) model Quasi ...
Adenuga Adeniyi +2 more
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Alternative specification tests for Tobit and related models [PDF]
Economics Letters, 1986 Abstract Recently Small and Hsiao (1985) proposed a specification test for the multinomial logit model as an alternative for the Hausman specification test. We show that Small and Hsiao's test procedure can also be applied to Tobit and related models.
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Persistence of Innovation in Dutch Manufacturing: Is it Spurious? [PDF]
This paper studies the persistence of innovation and the dynamics of innovation output in Dutch manufacturing using firm data from three waves of the Community Innovation Surveys (CIS), pertaining to the periods 1994-1996, 1996-1998, and 1998-2000.
Franz Palm +3 more
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An empirical test of the asymmetric models on innovative activity: who invests more into R&D - the incumbent or the challenger? [PDF]
The theoretical discussion concerning the question whether the incumbent or the (potential) entrant invests more into R&D has attracted considerable interest.
Czarnitzki, Dirk, Kraft, Kornelius
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R&D Activities and Export Performance of Indian Private Firms [PDF]
This paper formulates a model of optimal export decision of private firms and then empirically studies the effect of firm size, R&D activities and competitiveness on export performance of Indian private firms during the period 1975-1986. The paper argues
Lakshmi K. Raut
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Tax Evasion and Social Interactions [PDF]
The paper extends the standard tax evasion model by allowing for social interactions. In Manski's (1993) nomenclature, our model takes into account social conformity effects (i.e., endogenous interactions), fairness effects (i.e., exogenous interactions)
Bernard Fortin +2 more
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A Dynamic Model of Central Bank Intervention [PDF]
We examine central bank intervention in foreign exchange markets using a dynamic censored regression model. We allow the amount of purchase and sale interventions to depend nonlinearly upon lagged values of intervention and on measures of disorderly ...
Ana Maria Herrera, Pinar Ozbay
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