within the specified areas. It must be noted at this point‚ that the true population in any given situation is never really known. As such samples are usually collected and estimated using econometric methods. The results are then used to infer or make judgments about the true population. Basically‚ econometrics is based on economic theory‚ mathematical economics and statistics. Where the relationships among variables are measured using numerical values and estimates are then interpreted. This
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Developments in the study of cointegrated economic variables. Oxford Bulletin of Economics and Statistics 48: 213-228. Gultekin‚ G. H. (1983)‚ Internationally diversified portfolios: Welfare gains and capital flows. Halicioglue‚ D. F. (2007)‚ Econometric modeling with cointegrated variables: An overview. Hamao‚ Y.‚ (1988)‚ An empirical examination of the arbitrage pricing theory: using Japanese data‚ Japan and the World Economy‚ vol 1‚ pp.45-61 Johansen S Vector Autoregressive Models”‚ Econometrica
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textroad.com Causes of Delay in Construction Projects of Punjab-Pakistan: An Empirical Study Yahya Rahsid‚ Saif ul Haq and Muhammad Shakeel Aslam Assistant Professor‚ MS Scholar and Lecturer respectively at Department of Management Sciences‚ COMSATS Institute of Information Technology‚ and Lahore Pakistan Received: May 21 2013 Accepted: June 20 2013 ABSTRACT The objective of the present study was to explore the causes of delay in construction projects. Effects of various delaying factors related
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1.) What is Project Team? A project team is a team whose members usually belong to different groups‚ functions and are assigned to activities for the same project. 2.) Difference between Team & Group A team is a gathering of people who work interpedently and are committed to achieve one goal where as a group is a gathering of people who interdependently but have individual responsibility to perform. Group is organized for short period time objectives while Team is organized for long term
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or occurrence and impact (Project Management Institute‚ 2013‚ p. 328). The key benefit of this process is that it enables project managers to reduce the level of uncertainty and to focus on high-priority risks. The Chunnel project could have benefitted from Qualitative Risk analysis to manage the many risks of this large project. Scope Creep The overall scope of the Chunnel project was increased significantly “due to change requests throughout the life of the project” (Anbari‚ et al.‚2005‚ p.
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1. Who do you consider the Itwo greatest leaders in American business - past or present? What did/do they do that makes you call them leaders versus managers? I consider Bill Gates and Steve Jobs to be the greatest leaders in American business. Over the past 25 years‚ technology was the industry of choice for many of the top business people. Microsoft ’s Bill Gates and Apple’s Steve Jobs both exemplify the explosion in that realm. Gates‚ Microsoft chairman and world ’s richest man‚ is the No. 1
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References: of Nonexperimental Data‚ Tucson‚ Arizona‚ April 8-10‚ 1987 90-3454 (May 1990). Heise‚ D. Causal Analysis. Wiley and Sons: New York (1975). Oaks‚ CA (2001). Two-Part Models‚” Journal of Econometrics 35 (1987) pp Prentice-Hall‚ Inc.: Upper Saddle River‚ NJ (2000). Medical Association 272:11 (September 21‚ 1994) pp Cambridge‚ MA (September 1999). Edition. MIT Press: Cambridge‚ MA (1998). Company: New York (1988). Press: (March 2000). Oxford
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What is development project? A development project is a project which is taken by Govt. of a country for the interest of a nation or specific community. No private owner is interested to take this project. The basic objective of this project is social benefit. Developments of road‚ bridge‚ school‚ college‚ hospital‚ mosque‚ temple etc. are the example of development project. Project related to socio-economic infrastructure is called development project. In development project there is no question
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ECONOMETRICS: PS5 PROBLEM SET 5: ESTIMATION PROBLEMS 1 We have the following variables: Y: Food expenditure in USA. X: Family income. P: Price index. Two different regressions are estimated with the following estimation results (standard errors are in brackets): Coefficient for Regression X Y/P Y / X; P 0.112 (0.003) Coefficient for P 2.462 (0.407) -0.739 (0.114) Determination coefficient 0.614 0.978 Assuming that the true equation for Y includes both X and
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CASE 8.2 PROJECT PICKINGS Tazer‚ a pharmaceutical manufacturing company‚ entered the pharmaceutical market 12 years ago with the introduction of six new drugs. Five of the six drugs were simply permutations of existing drugs and therefore did not sell very heavily. The sixth drug‚ however‚ addressed hypertension and was a huge success. Since Tazer had a patent on the hypertension drug‚ it experienced no competition‚ and profits from the hypertension drug alone kept Tazer in business. During
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