Pertumbuhan ekonomi Produk Domestik Regional Bruto (PDRB) diidentikkan sebagai ukuran kesejahteraan masyarakat. Usaha mikro kecil (UMK) di Indonesia dapat menjadi pendukung dalam pertumbuhan karena UMK memiliki karakteristik positif sektor yang mampu menyediakan lapangan pekerjaan besar. Pengeluaran juga mempengaruhi PDRB, menunjukkan masyarakat memenuhi kebutuhan hidupnya. Jawa Timur salah sat...

This study investigates the inter-relationship between audit committee effectiveness, bank efficiency and risk-taking in seven ASEAN countries for period 2010–2019. By using three-stage least squares (3SLS) method, we contribute to literature relationship effectiveness by examining mechanism behind this relation. Our results show that reduces through increasing efficiency. also finds associatio...

In randomised controlled trials that have non-compliance with the treatment assigned, policy makers require unbiased estimates of the causal effect of the treatment received. Instrumental variable (IV) approaches provide complier average causal effects (CACE) estimates. Common IV methods such as two-stage least squares (2SLS) have not been extended to settings with multivariate outcomes. We pro...

abstract in this research by using a synchronous equivalents system, the functions of supply and demand of any kind of meat and corn in fars province, iran are considered. the purpose of this study is to predict the functions of supply and the price of meat and corn, recognition and analysis of effective issued on supply and price of this sections, considering the effect of shocks and the cross...

This paper examines the impact of urbanisation, concentration and diversification on firm births deaths across European regions while uniquely accounting for role interrelationships, regional factors national fixed effects. A 3SLS model is estimated 196 16 countries from 2008 to 2017. We find that density positively influences negatively deaths. Related variety impacts affects births. Significa...

FinTech play a pivotal role in facilitating access to financial products and services. At the moment, the country characteristics that facilitate the use of FinTech are not adequately identified in the literature. This paper attempts to contribute to the understanding of which country characteristics facilitate the use of FinTech and how FinTech can drive sustainable economic development. Based...

This paper contributes to the literature on market disciplining of the sovereign governments in two ways: Firstly, it distinguishes the both sides of the market discipline hypothesis (MDH) by adopting three-stage least square estimation (3SLS) to incorporate the contemporaneous feedback effects between primary structural budget balances and country default risk premium. Secondly, by utilizing t...

Aim/purpose – This paper aims to examine with new empirical evidence the joint rela- tionships between violence, income inequality, and real per capita in a simulta- neous equation framework using worldwide sample at country level. Design/methodology/approach To several simultaneous relationships variables, this study uses Seemingly Unrelated Regression (SUR) Three-Stage Least Squares (3SLS) tw...

Often, it has been observed that telecommunication infrastructure development and economic growth proceed together. While this relationship has been studied in the context of developed (OECD) countries, in this study, we investigate this simultaneous relationship between telecommunications and the economic growth, using data for developing countries. Using 3SLS, we estimate a system of equation...