The study examined the nexus of interest rate deregulation, lending rate and agricultural productivity in Nigeria by employing co-integration and error correction techniques on annual data spanning 1986 to 2009. Nigeria has embarked on several agricultural policy measures aimed at repositioning and enhancing variables that affects the sector’s productivity. The findings from the study showed th...

This study revisits the OPEC cartel hypothesis using a case study. A test is conducted to see if Venezuela has its production Granger cause its OPEC quota or whether the OPEC quota for Venezuela Granger causes Venezuelan production. The results show both occur at different times. In the short run, OPEC’s oil production quota for Venezuela Granger causes Venezuelan production. However, shortly a...

Recent evidence provided by Diebold, Gardeazabal, and Yilmaz (1994) for the post-1973 floating rate period points toward the predictive superiority of a martingale representation of exchange rate evolution over that of an error correction model that assumes rates are cointegrated. This is an appealing result from the perspective of efficient assimilation of randomly arriving information. As a d...

In recent years, political science has seen a boom in the use of sophisticated methodological tools for time series analysis. One such tool is the general error correction model (GECM), originally introduced to political scientists in the pages of this journal over 20 years ago (Durr 1992; Ostrom and Smith 1992) and re-introduced by De Boef and Keele (2008), who advocate its use for a wider set...

This paper presents a hybrid model for the CoNLL-2013 shared task which focuses on the problem of grammatical error correction. This year’s task includes determiner, preposition, noun number, verb form, and subject-verb agreement errors which is more comprehensive than previous error correction tasks. We correct these five types of errors in different modules where either machine learning based...

This paper proposes a nonlinear error-correction model based upon smooth transition regression methodology. The model is speci® ed such that the short-run adjustment toward long-run equilibrium is nonlinear and that the error correction is a smooth function of long-run deviation. Empirical results obtained from estimating M2 money demand in Taiwan support the hypothesis of a nonlinear error-cor...

This paper analyzes the transmission mechanisms of a contractionary monetary policy shock on the real economy. The sufficiently long regime uniform time period since the political transformation in the Czech Republic provides evidence for effective inflation targeting by the Czech National Bank. I apply a recursive vector autoregression (VAR), a structural VAR, and structural vector error corre...

The goal of this study was to investigate the manufacturing error correction model of the wavelet transform processor (WTP) using surface acoustic wave (SAW) devices. The motive of this work was prompted by the output accuracy of the WTP using SAW devices varying with the manufacturing accuracy of each finger of the devices. Thus, in this paper, we presented the functional relationship between ...

Dieser Beitrag beschreibt die Bereitstellung wiederverwendbarer Datenpfadkomponenten durch Generatorwerkzeuge für die Klasse der RS(Reed-Solomon) Fehlerkorrekturcodes. Die Parameterisierbarkeit und Modularisierbarkeit der FEC(Forward Error Correction) Applikation erfolgt werkzeuggestützt bez. der unterschiedlichen Codeparameter, optimierter Teilkomponenten und der Algorithmenauswahl. Bei der Pa...

The extent, pattern, and degree of integration are analyzed in a multivariate system with cointegrating restrictions. The extent of the market is found by identifying locations that are linked by trade and where prices share identical long–run information (permanent component). The pattern of integration characterizes interdependence and is analyzed by estimating a vector error correction model...