Academic literature on the topic 'Welfare economics Econometric models'

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Journal articles on the topic "Welfare economics Econometric models"

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Guedes, Gilvan, Rodrigo Raad, and Lucélia Raad. "Welfare Consequences of Persistent Climate Prediction Errors on Insurance Markets against Natural Hazards." Estudos Econômicos (São Paulo) 49, no. 2 (April 2019): 235–64. http://dx.doi.org/10.1590/0101-41614922grl.

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Abstract This paper studies the welfare consequences of the friction between two groups, those with and those without rational expectations, in an incomplete insurance market. We validate this friction empirically and test the existence of additional heterogeneity in the probability of belonging to the group which makes persistent mistakes on the anticipation of climate events using econometric models. The econometric models further suggest that the probability of belonging to this group varies significantly by sociodemographic attributes of respondents and by the geophysical attributes of their places of residence. Based on this evidence, we develop a two-period model of private insurance under uncertainty with endogenous prices. By including a central planner providing a technology for access to accurate information, our example illustrates that public intervention (via taxation) would only be feasible if public expenditure in the provision of this technology did not exceed 9.188% of the aggregate income earned by agents with inaccurate expectations.
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Magnus, Jan R., and Mary S. Morgan. "The ET Interview: Professor J. Tinbergen." Econometric Theory 3, no. 1 (February 1987): 117–42. http://dx.doi.org/10.1017/s0266466600004151.

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Jan Tinbergen is one of the founding fathers of econometrics, publishing in the field from 1927 until the early 1950s. This was the frontier age of econometrics when the distinction between mathematical economics and econometrics, let alone between theoretical and applied econometrics, did not yet exist. Tinbergen's approach to economics has always been a practical one. This was highly appropriate for the new field of econometrics, and enabled him to make important contributions to conceptual and theoretical issues, but always in the context of a relevant economic problem. The development of the first macroeconometric models, the solution of the identification problem, and the understanding of dynamic models are perhaps his three most important legacies to econometrics. Tinbergen was awarded the first Nobel Memorial Prize in economics in 1969 (jointly with Ragnar Frisch) for his contributions to econometrics.Tinbergen's desire to communicate his ideas to others is matched by a talent for clear and direct writing. This gives his econometric work great appeal and an apparent simplicity which should not be underestimated. This talent was also fruitfully applied to the development of pedagogical tools for teaching econometrics to his students.Since the early 1950s Tinbergen's interests have moved on and he has made notable contributions to such diverse fields as the theory of economic policy, development planning, and income distribution. Tinbergen's political and pacifist views have always been an important element in his economics, and even, as this interview shows, his econometrics. His overriding aim has been to improve the welfare of the less fortunate in this world.It is now 60 years since Tinbergen's first article in economics appeared, yet he shows no signs of retiring. We met him on May 27, 1986, in the study of his house in The Hague, where he has lived for most of his working life and which bears the hallmarks of continued study and writing. Most of the discussion during the afternoon concerned his econometric work published in the 1930s and 1940s. He gave us his views of those early developments—both what he thought then and how he sees them now. What follows is an edited transcript of the conversation. We hope that this interview will bring alive to the readers of the 1980s the issues and difficulties faced by econometricians in the 1930s, as well as Tinbergen's characteristic response to those problems. One of Tinbergen's attributes is a considerable modesty about his own achievements; the reader should bear this in mind when reading his remarks.
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Tridico, Pasquale, and Walter Paternesi Meloni. "Economic growth, welfare models and inequality in the context of globalisation." Economic and Labour Relations Review 29, no. 1 (February 22, 2018): 118–39. http://dx.doi.org/10.1177/1035304618758941.

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The recent economic crisis was a test case for many advanced countries to determine the capacity of their socio-economic model to cope with the challenges of globalisation and financial crash. From this perspective, the aim of this article is to explore whether the expansion of the welfare state should be seen as a barrier to economic growth and competitiveness, as ‘neoliberal’ economists often argue, or whether increasing public social provision might contribute to enhancing real income. After a comparative discussion of the evolution of different welfare models in developed countries, we advance our argument that public social spending is not a drain on competitiveness or an obstacle to economic efficiency. On the contrary, we explore the possibility that increasing welfare expenditure can stimulate economic growth along with lowering inequality, while the so-called ‘efficiency thesis’ (according to which globalisation needs to be accompanied by the retrenchment of welfare states in order to promote external competitiveness) produces worse economic performance and higher inequality. As a test of this hypothesis, we analyse empirical data on 34 Organisation for Economic Co-operation and Development countries from 1990 to 2013. We use econometric analysis to indicate that the so-called ‘compensation thesis’ (a process whereby globalisation is regulated through expansion of welfare states) may contribute to real income dynamics, while greater income inequality may inhibit per capita gross domestic product growth. JEL Codes: I380, P510, F600, G010
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Melitz, Marc J., and Stephen J. Redding. "New Trade Models, New Welfare Implications." American Economic Review 105, no. 3 (March 1, 2015): 1105–46. http://dx.doi.org/10.1257/aer.20130351.

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We show that endogenous firm selection provides a new welfare margin for heterogeneous firm models of trade (relative to homo geneous firm models). Under some parameter restrictions, the trade elasticity is constant and is a sufficient statistic for welfare, along with the domestic trade share. However, even small deviations from these restrictions imply that trade elasticities are variable and differ across markets and levels of trade costs. In this more general setting, the domestic trade share and endogenous trade elasticity are no longer sufficient statistics for welfare. Additional empirically observable moments of the micro structure also matter for welfare. (JEL F12, F13, F41)
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CREEDY, JOHN, and GUYONNE KALB. "MEASURING WELFARE CHANGES IN LABOUR SUPPLY MODELS*." Manchester School 73, no. 6 (December 2005): 664–85. http://dx.doi.org/10.1111/j.1467-9957.2005.00471.x.

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Hernandez, Monica, and Stephen Pudney. "Measurement error in models of welfare participation." Journal of Public Economics 91, no. 1-2 (February 2007): 327–41. http://dx.doi.org/10.1016/j.jpubeco.2006.06.006.

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Kim, Jinill, and Sunghyun Henry Kim. "Spurious welfare reversals in international business cycle models." Journal of International Economics 60, no. 2 (August 2003): 471–500. http://dx.doi.org/10.1016/s0022-1996(02)00047-8.

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Santos, Marcelo, and Marta Simões. "Globalisation, Welfare Models and Social Expenditure in OECD Countries." Open Economies Review 32, no. 5 (November 2021): 1063–88. http://dx.doi.org/10.1007/s11079-021-09646-2.

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Parello, Carmelo Pierpaolo, and Bright Isaac Ikhenaode. "Migration, community networks and welfare in neoclassical growth models." Journal of Macroeconomics 70 (December 2021): 103369. http://dx.doi.org/10.1016/j.jmacro.2021.103369.

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Mendelsohn, Robert, and George Peterson. "Welfare Measurement with Expenditure-Constrained Demand Models." Review of Economics and Statistics 71, no. 1 (February 1989): 164. http://dx.doi.org/10.2307/1928064.

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Dissertations / Theses on the topic "Welfare economics Econometric models"

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Ndungo, Lusenge Patrick. "Revenue, trade and welfare effects of the COMESA FTA on the Democratic Republic of Congo." Thesis, Nelson Mandela University, 2017. http://hdl.handle.net/10948/14256.

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The present research attempts to assess the likely revenue, trade and welfare implications of the Common Market for Eastern and Southern Africa (COMESA) Free Trade Agreement (FTA) on the Democratic Republic of Congo (DRC). The study adopts a partial equilibrium model based on the World Integrated Trade Solution 2010 database and the Software for Market Analysis and Restrictions on Trade (WITS-SMART) as the methodological approach. The findings of the research reveal that the COMESA FTA will be beneficial to the DRC in terms of an increase in exports of US$371.57 million and consumer welfare gain amounting to US$28.49 million. Moreover, The WITS-SMART simulation results indicate that around US$322.10 million of trade will be created in the DRC as a result of the COMESA FTA. Notwithstanding the fact that trade creation will have a positive effect on welfare, as the Congolese consumers would benefit from lower prices, some local industries in the DRC may be threaten of closure due to the lack of competitiveness. In addition, the simultation results show that the country will experience a huge fiscal revenue loss amounting to US$107.01 million due to the implementation of zero per cent tarrif rate on imports duty from the COMESA trading partners. Finally, the simultation results indicate that an equivalent value of US$49.47 million of trade will be diverted from more efficient and low cost non-member states to high cost suppliers from the COMESA region. In light of these results, the research recommends that the DRC’s government needs to come up with a strategic plan in order to protect the national industry that would be negatively affected by the trade-creation effect. In order to mitigate the expected revenue loss, the implementation of the COMESA FTA in the DRC should be accompanied by fiscal reforms to improve the tax-collection system from sales or value-added taxes (VAT) and domestic excise. Regarding the trade-diversion effect, the inefficient producers from the COMESA region could be displaced through building new capacities in short, medium and long term based on comparative advantage in order to address supply constraints in these sectors affected by trade diversion.
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Nayeyo, Anita Huba. "Economic welfare analysis of coarse grain trade under a trade liberalization policy within the Economic Community of West African States." Thesis, McGill University, 1995. http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=23416.

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This study analyzed the economic welfare implications of the 1990 intraregional trade liberalization scheme within the Economic Community of West African States (ECOWAS) on member country producers and consumers. Four countries were chosen as a point of focus: Burkina Faso, Cote d'Ivoire, Ghana and Mali, and two commodities: millet and sorghum. The supply and demand functions were estimated using time series data from 1970 to 1990 obtained at the level of administrative regions within each of the four countries. Optimal production, consumption, trade quantities and trade flows were determined using the REACTT model, a spatial price equilibrium solution algorithm. Two trade scenarios were simulated. The first examined trade flows under the 1990 tariff structures and the second examined trade flows under the proposed zero tariff rates.
The REACTT model results showed that removal of the tariffs would increase the crossborder trade flows between the four countries by about 12% for millet and 38% for sorghum. The welfare calculations showed that in the case of millet, all four countries would have net positive gains to the tune of $4.6 million in total. For sorghum, Burkina Faso, Ghana and Mali would have net positive gains, C ote d'Ivoire would have a net welfare loss, and the net impact on all four countries would be a positive gain of about $9.3 million. The results of the REACTT model and the welfare calculations suggest that intra-ECOWAS trade liberalization would increase total trade flows and total economic well being of the member countries.
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McGarry, Joanne S. "Seasonality in continuous time econometric models." Thesis, University of Essex, 2000. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.313064.

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Mavroeidis, Sophocles. "Econometric issues in forward-looking monetary models." Thesis, University of Oxford, 2002. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.273303.

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Recently, single equation approaches for estimating structural models have become popular in the monetary economics literature. In particular, single-equation Generalized Method Moments estimators have been used for estimating forward-looking models with rational expectations. Two important examples are found in Clarida, Gali, and Gertler (1998) for the estimation of forward- looking Taylor rules and in Gali and Gertler (1999) for the estimation of a forward-looking model for inflation dynamics. In this thesis, we address the issues of identification which have been overlooked due to the incompleteness of the single-equation formulations. We provide extensions to existing results on the properties of GMM estimators and inference under weak identification, pertaining to situations in which only functions of the parameters of interest are identified, and structural residuals exhibit negative autocorrelation. We also characterize the power of the Hansen test to detect mis specification, and address the issues arising from using too many irrelevant instruments as well as from general corrections for residual autocorrelation, beyond what is implied by the maintained model. In general, we show that the non-modelled variables cannot be weakly exogenous for the parameters of interest, and that they are informative about the identification and mis-specification of the model. Modelling the reduced form helps identify pathological situations in which the structural parameters are weakly identified and the GMM estimators are inconsistent and biased in the direction of OLS.We also ¯nd the OLS bias to be increasing in the number of over-identifying instruments, even when the latter are irrelevant, thus demonstrating the dangers of using too many potentially irrelevant instruments. Finally, with regards to the "New Phillips curve", we conclude that, for the US economy, this model is either un-identified or mis-specified, casting doubts on its utility as a model of in°ation dynamics.
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Kapetanios, George. "Essays on the econometric analysis of threshold models." Thesis, University of Cambridge, 1998. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.286704.

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Hall, Stephen George Frederick. "Solving and evaluating large non-linear econometric models." Thesis, Queen Mary, University of London, 1986. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.261290.

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Lu, Maozu. "The encompassing principle and evaluation of econometric models." Thesis, University of Southampton, 1991. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.316084.

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Sherrell, Neill. "The estimation and specification of spatial econometric models." Thesis, University of Bristol, 1990. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.281861.

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Wongwachara, Warapong. "Essays on econometric errors in quantitative financial economics." Thesis, University of Cambridge, 2011. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.609240.

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Norets, Andriy. "Bayesian inference in dynamic discrete choice models." Diss., University of Iowa, 2007. http://ir.uiowa.edu/etd/148.

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Books on the topic "Welfare economics Econometric models"

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McLure, Michael. Pareto on collective economic welfare. Perth: Curtin University of Technology, School of Economics and Finance, 1998.

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Bohm, Peter. Social efficiency: A concise introduction to welfare economics. 2nd ed. London: Macmillan Education, 1987.

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Moffitt, Robert. Welfare work requirements with paternalistic government preferences. Cambridge, Mass: National Bureau of Economic Research, 2006.

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Moffitt, Robert. Welfare work requirements with paternalistic government preferences. Cambridge, MA: National Bureau of Economic Research, 2006.

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Moulin, H. Axioms of cooperative decision making. Cambridge: Cambridge University Press, 1988.

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Gruber, Jonathan. Cash welfare as a consumption smoothing mechanism for single mothers. Cambridge, MA: National Bureau of Economic Research, 1996.

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Quiroz, Jorge. Are welfare costs of business cycles negligible? Santiago, Chile: Programa de Postgrado en Economía, ILADES/Georgetown University, 1993.

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Epaulard, Anne. Recursive utility, endogenous growth, and the welfare cost of volatility. [Washington, D.C.]: International Monetary Fund, IMF Institute, 2001.

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Greenstein, Shane M. Estimating the welfare effects of digital infrastructure. Cambridge, MA: National Bureau of Economic Research, 1996.

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Kaplow, Louis. Any non-individualistic social welfare function violates the Pareto principle. Cambridge, MA: National Bureau of Economic Research, 1999.

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Book chapters on the topic "Welfare economics Econometric models"

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Theil, Henri. "Econometric Models and Welfare Maximization." In Advanced Studies in Theoretical and Applied Econometrics, 1055–75. Dordrecht: Springer Netherlands, 1992. http://dx.doi.org/10.1007/978-94-011-2410-2_1.

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Boyer, Marcel, Georges Dionne, and Charles Vanasse. "Econometric Models of Accident Distributions." In Contributions to Insurance Economics, 169–213. Dordrecht: Springer Netherlands, 1992. http://dx.doi.org/10.1007/978-94-017-1168-5_6.

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Muradov, Adalat, Yadulla Hasanli, and Nazim Hajiyev. "Creating Econometric Models: Evaluation and Analysis." In SpringerBriefs in Economics, 21–40. Cham: Springer International Publishing, 2019. http://dx.doi.org/10.1007/978-3-030-11494-7_2.

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Kokot, Stefan. "Econometric Analysis of Sequential Trade Models." In Lecture Notes in Economics and Mathematical Systems, 61–92. Berlin, Heidelberg: Springer Berlin Heidelberg, 2004. http://dx.doi.org/10.1007/978-3-642-17115-4_4.

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Lomba, Jaime Terceiro. "Formulation of Econometric Models in State-Space." In Lecture Notes in Economics and Mathematical Systems, 5–16. Berlin, Heidelberg: Springer Berlin Heidelberg, 1990. http://dx.doi.org/10.1007/978-3-642-48810-8_2.

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Lomba, Jaime Terceiro. "Formulation of Econometric Models with Measurement Errors." In Lecture Notes in Economics and Mathematical Systems, 17–23. Berlin, Heidelberg: Springer Berlin Heidelberg, 1990. http://dx.doi.org/10.1007/978-3-642-48810-8_3.

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Lomba, Jaime Terceiro. "Estimation of Econometric Models with Measurement Errors." In Lecture Notes in Economics and Mathematical Systems, 24–48. Berlin, Heidelberg: Springer Berlin Heidelberg, 1990. http://dx.doi.org/10.1007/978-3-642-48810-8_4.

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Faust, Jon, and Ralph Tryon. "Block Distributed Methods for Solving Multi-Country Econometric Models." In Advances in Computational Economics, 229–42. Dordrecht: Springer Netherlands, 1996. http://dx.doi.org/10.1007/978-94-015-8743-3_12.

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Barabás, György. "Implementing No-Derivative Optimizing Procedures for Optimization of Econometric Models." In Computational Economics and Econometrics, 121–35. Dordrecht: Springer Netherlands, 1992. http://dx.doi.org/10.1007/978-94-011-3162-9_8.

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Postiglione, Paolo. "Spatial Panel Regression Models in Agriculture." In Spatial Econometric Methods in Agricultural Economics Using R, 254–73. Boca Raton: CRC Press, 2021. http://dx.doi.org/10.1201/9780429155628-13.

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Conference papers on the topic "Welfare economics Econometric models"

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Parishev, Aleksandar, Goran Hristovski, Petar Jolakoski, and Viktor Stojkoski. "E-COMMERCE IMPACT ON ECONOMIC GROWTH." In Economic and Business Trends Shaping the Future. Ss Cyril and Methodius University, Faculty of Economics-Skopje, 2020. http://dx.doi.org/10.47063/ebtsf.2020.0017.

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Ever since the dawn of merchanting, traders have sought ways to ease the cost of transactions. The recent growth of information and communication technology provided a wide range of solutions for international and national transactions by introducing ecommerce. As a result of this development, e-commerce recently emerged as a dominant transaction activity with a significant impact on the national economies. In recent years the potential of e-commerce has been widely discussed, with a particular focus on its effects on greater economic welfare and prosperity. Yet, despite an abundance of studies that have been done on investigating the role of e-commerce in an economy, a thorough and detailed econometric examination on its impact is still an underexplored avenue. This paper attempts to bridge this gap by investigating the impact of volume of online transactions (e-commerce) and gross capital formation on economic growth, using panel data on 31 European countries covering a 16 years’ period. The empirical panel data model is estimated by employing the Generalized Method of Moments. The main findings from the study show that e-commerce and gross capital formation have positive and significant effects on GDP per capita based on purchasing power parity, with e-commerce having a weaker development-enhancing effect in comparison to gross capital formation. In addition, this paper proposes a fruitful discussion on how to provide balance between the growth of e-commerce, the focus on improving other aspects and generating optimal economic welfare and prosperity. Our paper ends with directions for future research.
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Reiter, Doris F., and Michael J. Economides. "Prediction of Short-term Natural Gas Prices Using Econometric and Neural Network Models." In SPE Hydrocarbon Economics and Evaluation Symposium. Society of Petroleum Engineers, 1999. http://dx.doi.org/10.2118/52960-ms.

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Цвиль, Мария, Mariya Tsvil, Алла Поливанова, Alla Polivanova, Ксения Полянина, and Ksenia Polyanina. "ECONOMETRIC ANALYSIS OF VOLUMES OF IMPORT OF THE REPUBLIC OF BELARUS." In Mathematics in Economics. AUS PUBLISHERS, 2018. http://dx.doi.org/10.26526/conferencearticle_5c24b1d11059b9.08659238.

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The article obtained econometric models of time series in terms of imports of the Republic of Belarus according to quarterly data in the period from 2013 to 2018. Exponential smoothing model and multiplicative model are constructed. Also, a forecast was made of import volumes in terms of value for the 4th quarter of 2018.
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Robertas VAITKUS, Robertas VAITKUS, and Asta VASILIAUSKAITĖ. "FINANCIAL SECURITY IN THE CONTEXT OF ECONOMICS WELFARE." In International Scientific Conference „Contemporary Issues in Business, Management and Economics Engineering". Vilnius Gediminas Technical University, 2021. http://dx.doi.org/10.3846/cibmee.2021.585.

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Abstract. Purpose – to describe financial security assurance models and assess the possibilities of using them to solve problems to ensure economics welfare. Research methodology – analytic, systematic, generalization and comparative methods are used in this article. Findings – the content of the financial security concept is revealed at the microeconomic and macroeconomic levels, while examining how the selection and implementation of appropriate financial security measures can contribute to sustainable economic prosperity. Research limitations – the consequences of the implementation of the financial security models analyzed in this article are commented on assessing the peculiarities of one country’s national legal system. Practical implications – appropriate solutions for maintaining financial security provided in the strategies of creating economics welfare can help to decrease social exclusion, risks and negative effects of economic crises. Originality/Value – in the article was formulated theoretical models of financial security assurance. The use of these models or combinations of models at microeconomic and macroeconomic levels to incorporate financial security instruments allows policy makers to have a universal toolkit in their arsenal. This enables not only to make decisions more quickly, but also to solve the problems of ensuring economics welfare in a more systematic way.
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Adámek, Pavel, and Lucie Meixnerová. "Changes and Adaptations of Business Models Caused by the Crisis Scenario." In Seventh International Scientific-Business Conference LIMEN Leadership, Innovation, Management and Economics: Integrated Politics of Research. Association of Economists and Managers of the Balkans, Belgrade, Serbia, 2021. http://dx.doi.org/10.31410/limen.s.p.2021.9.

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Due to the fast-changing environment caused by the impact of the pandemic, a response to companies’ behavior is inevitable. These pan­demic crisis scenario triggers searching for changes, adjustment, and adap­tation of business models to seek new opportunities for competitive advan­tage. Therefore, the paper aims to analyze, identify and evaluate the impact of a pandemic on a firm´s business model, specifically to changes in its busi­ness elements. The research methodology applies a statistical apparatus mainly the Mann-Whitney U test, using the econometric software EViews for identifying the significance of individual business model elements within national economy sectors and branches before the pandemic and the cur­rent post-pandemic crisis. Data were obtained from 173 Czech and Slovak companies’ owners (executives). The findings represent the perception and view of businesses on the current post-pandemic crisis and their priorities changes in specific elements of business model
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FREIMANIS, Kristaps, and Maija ŠENFELDE. "METHODOLOGY FOR THE ASSESSMENT OF REGULATION COSTS IN THE BANKING MARKET." In International Scientific Conference „Contemporary Issues in Business, Management and Economics Engineering". Vilnius Gediminas Technical University, 2021. http://dx.doi.org/10.3846/cibmee.2021.600.

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Purpose – In the field of the economics’ regulation researchers so far have built the conceptual framework showing how the deadweight loss of market failures decrease and costs of the government intervention increase with the increased level of the government intervention. In order to quantify relationships between the level of intervention, intervention costs and the deadweight loss with econometric models it is important to understand how to quantify the regulation costs as a part of intervention costs. The objective of the research presented in this paper is to find the appropriate methodology for the quantification of the regulation costs in the banking market. Research methodology – literature review (regarding theories), mathematical methods for quantification and econometric methods for validation purposes. Findings – research shows that in the assessment of regulation costs three main stakeholders should be included – microprudential regulator, macroprudential regulator and financial regulation’s policy maker. Research presents their cost assessment methodology. Its validation shows that in general methodology works as expected, i.e., higher government intervention levels lead to higher regulation costs, however this general rule has exceptions, which in authors’ view indicates that other factors have an impact on the cost levels. Research limitations – research shows how to assess the costs of main stakeholders based on the publicly available information. More precise view could be obtained if in the cooperation with authorities more details on certain cost items are received. Practical implications – research results will be used to assess all government intervention costs (other positions include compliance costs and other indirect costs) and finalize the quantification of the framework. Quantified framework could be used for more precise policy making regarding the regulation of the banking market. Originality/Value – research shows how to quantify the regulation costs of the banking market as currently there are only conceptual ideas.
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Dehon, Catherine, Philippe Emplit, and Emma Van Lierde. "A case study of learning analytics within a statistics course for undergraduate students in economics." In Decision Making Based on Data. International Association for Statistical Education, 2019. http://dx.doi.org/10.52041/srap.19407.

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Higher education institutions globally face a continuous expansion of their enrolment in which learner success constitutes a major challenge. Therefore, there is growing interest in the analysis of data linked to student learning engagement. Indeed, large amounts of learning-related student data are currently not being fully exploited, while their aggregation and quantitative analysis would definitely be elements valuable to support teachers and students, to optimize students’ learning experience. In this global context, we have applied, in a public university without any academic filter for enrolment, such analysis to virtually tutor first-year undergraduate students in a statistics course. By supporting them in the form of voluntary online self-assessing tests, we examined what were the personal profiles of the students who were using available tests and how they exploited this help. Finally, using econometric models we tried to determine if there was a link between student success and the use of this help.
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Freimanis, Kristaps, and Maija Šenfelde. "Approach of scaling the level of government intervention in the financial market." In 11th International Scientific Conference „Business and Management 2020“. VGTU Technika, 2020. http://dx.doi.org/10.3846/bm.2020.591.

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In the field of the economics’ regulation researchers so far have built the conceptual framework showing how the deadweight loss of market failures decrease and costs of the government intervention in-crease with the increased level of the government intervention. In order to quantify relationships between the level of intervention, intervention costs and the deadweight loss with econometric models it is im-portant to understand how to apply coordinates for the data points to be included in the modelling. The main goal of the research presented in this paper is to find the unit measure for the asis of the independentvariable, i.e. to shape the categorical scale corresponding to the level of intervention.
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Proksch, Gundula, Feiyang Sun, Jan Whittington, and Emilio Craddock. "COVID-19 Rapid Response: Design Determinants of Seattle Food Retail Business Continuity." In 109th ACSA Annual Meeting Paper Proceedings. ACSA Press, 2021. http://dx.doi.org/10.35483/acsa.am.109.1.

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The current pandemic, with its associated need for physical distancing and the accompanying transformation of the built environment, generates the pressing need for built environment researchers to refocus their research and respond to the current public health crisis. An interdisciplinary team from the College of Built Environments at the University of Washington (UW) with backgrounds in economics, urban planning, and architecture raised the following question: How do the physical design and service models of essential services and businesses improve or worsen the prospect of business continuity, economic success, and social welfare in the COVID-19 pandemic?
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10

Proksch, Gundula. "COVID-19 Rapid Response: Design Determinants of Seattle Food Retail Business Continuity." In 109th ACSA Annual Meeting Paper Proceedings. ACSA Press, 2021. http://dx.doi.org/10.35483/acsa.am109.1.

Full text
Abstract:
The current pandemic, with its associated need for physical distancing and the accompanying transformation of the built environment, generates the pressing need for built environment researchers to refocus their research and respond to the current public health crisis. An interdisciplinary team from the College of Built Environments at the University of Washington (UW) with backgrounds in economics, urban planning, and architecture raised the following question: How do the physical design and service models of essential services and businesses improve or worsen the prospect of business continuity, economic success, and social welfare in the COVID-19 pandemic?
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Reports on the topic "Welfare economics Econometric models"

1

Finkelshtain, Israel, and Tigran Melkonyan. The economics of contracts in the US and Israel agricultures. United States Department of Agriculture, February 2008. http://dx.doi.org/10.32747/2008.7695590.bard.

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Research Objectives 1) Reviewing the rich economic literature on contracting and agricultural contracting; 2) Conducting a descriptive comparative study of actual contracting patterns in the U.S. and Israeli agricultural sectors; 3) Theoretical analysis of division of assets ownership, authority allocation and incentives in agricultural production contracts; 4) Theoretical analysis of strategic noncompetitive choice of agricultural production and marketing contracts, 5) Empirical studies of contracting in agricultural sectors of US and Israel, among them the broiler industry, the citrus industry and sugar beet sector. Background Recent decades have witnessed a world-wide increase in the use of agricultural contracts. In both the U.S. and Israel, contracts have become an integral part of production and marketing of many crops, fruits, vegetables and livestock commodities. The increased use of agricultural contracts raises a number of important economic policy questions regarding the optimal design of contracts and their determinants. Even though economists have made a substantial progress in understanding these issues, the theory of contracts and an empirical methodology to analyze contracts are still evolving. Moreover, there is an enormous need for empirical research of contractual relationships. Conclusions In both U.S. and Israel, contracts have become an integral part of production and marketing of many agricultural commodities. In the U.S. more than 40% of the value of agricultural production occurred under either marketing or production contracts. The use of agricultural contracts in Israel is also ubiquitous and reaches close to 60% of the value of agricultural production. In Israel we have found strategic considerations to play a dominant role in the choice of agricultural contracts and may lead to noncompetitive conduct and reduced welfare. In particular, the driving force, leading to consignment based contracts is the strategic effect. Moreover, an increase in the number of contractors will lead to changes in the terms of the contract, an increased competition and payment to farmers and economic surplus. We found that while large integrations lead to more efficient production, they also exploit local monopsonistic power. For the U.S, we have studied in more detail the choice of contract type and factors that affect contracts such as the level of informational asymmetry, the authority structure, and the available quality measurement technology. We have found that assets ownership and decision rights are complements of high-powered incentives. We have also found that the optimal allocation of decision rights, asset ownership and incentives is influenced by: variance of systemic and idiosyncratic shocks, importance (variance) of the parties’ private information, parameters of the production technology, the extent of competition in the upstream and downstream industries. Implications The primary implication of this project is that the use of agricultural production and marketing contracts is growing in both the US and Israeli agricultural sectors, while many important economic policy questions are still open and require further theoretical and empirical research. Moreover, actual contracts that are prevailing in various agricultural sectors seems to be less than optimal and, hence, additional efforts are required to transfer the huge academic know-how in this area to the practitioners. We also found evidence for exploitation of market powers by contactors in various agricultural sectors. This may call for government regulations in the anti-trust area. Another important implication of this project is that in addition to explicit contracts economic outcomes resulting from the interactions between growers and agricultural intermediaries depend on a number of other factors including allocation of decision and ownership rights and implicit contracting. We have developed models to study the interactions between explicit contracts, decision rights, ownership structure, and implicit contracts. These models have been applied to study contractual arrangements in California agriculture and the North American sugarbeet industry.
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Hlushak, Oksana M., Svetlana O. Semenyaka, Volodymyr V. Proshkin, Stanislav V. Sapozhnykov, and Oksana S. Lytvyn. The usage of digital technologies in the university training of future bachelors (having been based on the data of mathematical subjects). [б. в.], July 2020. http://dx.doi.org/10.31812/123456789/3860.

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This article demonstrates that mathematics in the system of higher education has outgrown the status of the general education subject and should become an integral part of the professional training of future bachelors, including economists, on the basis of intersubject connection with special subjects. Such aspects as the importance of improving the scientific and methodological support of mathematical training of students by means of digital technologies are revealed. It is specified that in order to implement the task of qualified training of students learning econometrics and economic and mathematical modeling, it is necessary to use digital technologies in two directions: for the organization of electronic educational space and in the process of solving applied problems at the junction of the branches of economics and mathematics. The advantages of using e-learning courses in the educational process are presented (such as providing individualization of the educational process in accordance with the needs, characteristics and capabilities of students; improving the quality and efficiency of the educational process; ensuring systematic monitoring of the educational quality). The unified structures of “Econometrics”, “Economic and mathematical modeling” based on the Moodle platform are the following ones. The article presents the results of the pedagogical experiment on the attitude of students to the use of e-learning course (ELC) in the educational process of Borys Grinchenko Kyiv University and Alfred Nobel University (Dnipro city). We found that the following metrics need improvement: availability of time-appropriate mathematical materials; individual approach in training; students’ self-expression and the development of their creativity in the e-learning process. The following opportunities are brought to light the possibilities of digital technologies for the construction and research of econometric models (based on the problem of dependence of the level of the Ukrainian population employment). Various stages of building and testing of the econometric model are characterized: identification of variables, specification of the model, parameterization and verification of the statistical significance of the obtained results.
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