modifications of the partial adjustment model Dynamic models that impose long-run relationships Simultaneity‚ exogeneity‚ and the nature of the adjustment process 3. Re-examining the basic specification 3.1. 3.2. 300 302 302 306 308 308 4. Econometric issues 4.1. 4.2. 4.3. 4.4. 5. Concluding remarks References 313 324 325 333 338 341 349 353 * We thank Benjamin Friedman for his comments. The opinions expressed are those of the authors; they do not necessarily reflect the views of the
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ADDIS ABABA UNIVERSITY SCHOOL OF GRADUATE STUDIES EFFECTS OF THE ETHIOPIAN FINANCIAL SECTOR REFORM ON THE PERFORMANCE OF BANKS AND THE MARKET SHARE DYNAMICS By Dawit Keno A thesis submitted to the School of Graduate Studies of Addis Ababa University in partial fulfillment of the requirements for the degree of Masters of Science in Economics OCTOBER‚ 2009 i Acknowledgement The author of this thesis acknowledges the support and technical assistance from many sources. I am grateful
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CONSUMER DEMAND AN ECONOMETRIC IN HONG KONG ANALYSIS 1 E. R. LIM * Introduction The objectives of consumer demand analysis are first‚ to isolate a few major variables from the many and complex factors influencing consumer behaviour‚ and second‚ to verify empirically that this relatively small number of parameters gives a reasonable explanation of a wide range of observations on consumer behaviour. The quantitative knowledge thus obtained is necessary for the study of economic development
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FOREIGN DIRECT INVESTMENT (FDI) IN ROMANIA - Definitions‚ theories‚ benefits. Characteristics of econometric modeling PhD. Senior Lecturer Gheorghe SĂVOIU PhD Candidate Lecturer Suzana POPA University of Pitesti Abstract This paper analyzes some characteristics of economic and econometric literature in the field of FDI after 1990‚ in Romania‚ as well as some specific issues in the process of practical modelling. A more detailed presentation of John Harry Dunning’s eclectic theory and a simple
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Chapter 9 Student: ___________________________________________________________________________ 1. A stronger Korean won‚ remembering that Kia cars sold in the United States are paid for in dollars‚ means what for Kia? A. a need to hedge Japanese yen B. a use for the Euro‚ a neutral currency C. less profit D. a use for gold to protect against currency fluctuations E. more profit 2. The _____________ is a market for converting the currency of one country into that of another. A. foreign exchange
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Examine the salient features of the Phillips`s Curves. How might elementary textbooks be criticised for writing ‘inflation’ on the vertical axis? Introduction Philips curve‚ named after A.W. Philips‚ has caused many fierce debates in the area of macroeconomics since the World War II. Based on the data of wages and employment in UK from 1861to 1957‚ Phillips concluded that there had been an inverse relationship between the percentage rate of unemployment and the percentage rate of change in
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profits by operating with a perspective‚ while critics argue that CSR distracts from the economic role of businesses. McWilliams and Siegel’s article (2000) published in Strategic Management Journal‚ cited by over 1000 academics‚ compared existing econometric studies of the relationship between social and financial performance. They concluded that the contradictory results of previous studies reporting positive‚ negative‚ and neutral financial impact‚ were due to flawed empirical analysis. McWilliams
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1999. of Administrative Science 12(2) pp. 173-191‚ 2000. [3] Abu Nurudeen‚ Abdullahi Usman‚"Government Expenditure and Economic Growth in Nigeria"‚ 1970-2008: A Disaggregated Analysis‚ Business and Economic Journal‚ 2010. Financial Review‚ 2005. Econometrics pp. 1187-1193‚ 2002 w w w Zealand’s Road infrastructure Sydney"‚ 2003. Saudi-Arabia. India Economic Journal‚ 2000 [8] Anyanwu‚ C.M.‚ Adebusuyi‚ B.S.‚ Kukah S.T.Y.‚"Highway maintenance in Nigeria"‚ lesson from other Countries A CBN Research Department
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ECONOMICS INNOVATION AND ECONOMIC GROWTH IN CHINA by Yanrui Wu Business School The University of Western Australia DISCUSSION PAPER 10.10 Innovation and Economic Growth in China Yanrui Wu ( ) Economics UWA Business School University of Western Australia Australia yanrui.wu@uwa.edu.au Abstract China has enjoyed high economic growth for three decades since the initiative of economic reform in 1978. This growth has however been driven mainly by labour-intensive‚ export-oriented
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Economics Islamabad‚ Pakistan E-mail: publications@pide.org.pk Website: http://www.pide.org.pk Fax: +92-51-9210886 Designed‚ composed‚ and finished at the Publications Division‚ PIDE. CONTENTS Page Abstract Introduction Some Background Issues Data Econometric Methodology Empirical Results Conclusions Appendices References List of Tables Appendix Table 1. Variable Descriptions Appendix Table 2. Variable Summary Statistics 11 12 v 1 2 2 4 6 9 11 17 Appendix Table 3. Job Preference and Unemploym Duration
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