In this paper we study consumption network effects. Does the consumption of our peers affect our own consumption? How large is such effect? What are the economic mechanisms behind it? We use long panel data on the entire Danish population to construct a measure of consumption based on administrative tax records on income and assets. We combine tax record data with matched employer-employee data...

To deepen understanding of the relation between economic development and energy demand, this study estimates the Engel curves that relate per-capita energy consumption in major economic sectors to per-capita GDP. Panel data covering up to 123 nations are employed, and measurement problems are treated both in dataset construction and in estimation. Time and country fixed effects are assumed, and...

Technology innovation is the key motivation to push strategic emerging industry development. Research on key factors to influence industrial technological innovation is essential to enhance strategic emerging industrial technology innovation. This paper analyzes the various factors that influence industrial technology innovation by the fixed effects variable coefficient model. Through the expan...

This paper investigates the application of a nested logit model to urban transit networks where every set of competitive transit lines is described by a particular graph structure called hyperpath. It shows that the nested logit model transcends the inherent limitations of the simple logit model while retaining the algorithmic advantages similar to that obtained with the ordinary logit model fo...

Breast cancer is a malignant tumor and the most common cancer among American women that starts from cells of the breast. The growth of the size of data exceeds the ability of humans to analyze the data. So we need some intelligent machines that can analyze datasets intelligently for us. We propose a Multi Nominal Logit Model to evaluate correlation between risk factors of breast tumor. Our ...

Theory: The spatial model of elections can better be represented by using conditional logit than by multinomial logit. The spatial model, and random utility models in general, suffer from a failure to adequately consider the sub­ stitutability of candidates sharing similar or identical issue positions. Hypotheses: Multinomial logit is not much better than successive applications of binomial log...

This paper presents an extension to the fixed-effect Logit for panel-data discrete-choice models, where the error component structure is multiplicative (individual effects multiplied by time effects). In linear models with such an error-component structure as investigated by Ahn, Lee and Schmidt (2001), usual fixed-effect estimators are generally inconsistent. We propose a conditional Logit est...

The paper enquires into the relationship between economic inequality and economic growth, but different from others, it also studies the relationship between inequality and economic growth in the situation where consideration of effect of factor movement is included. The paper tends to answer the questions such as whether inequality should be eradicated completely. Panel data models are used fo...