abstract production is a process by which a productive activity will require some conditions (before and after the start of the production). one of the most important pre-required factors for start up a production unit is suitable business environment. one of the most important factors that must be provided after the start of production -during the production process and the time to market and ...

This paper examines the asymptotics of the QMLE for unit root spatial dynamic panel data models with …xed e¤ects. When the exogenous variables or …xed e¤ects are included in the DGP, the estimate for the dynamic coe¢ cient is p nT 3 consistent and the estimates of other parameters are p nT consistent, and all of them are asymptotically normal. Also, sum of the contemporaneous spatial e¤ect and ...

Panel data from the United Kingdom are used to estimate a wage curve that allows simultaneously for time, individual, and spatial effects and which thus finesses the problem of grouped data bias. Once allowance is made for the multilevel and crossclassified nature of the data, estimates of the unemployment elasticity of the wage are seen to be volatile and imprecise. JEL Classification: J30

This paper uses the pupil census in England to explore how family house moves contribute to school and residential segregation. We track the moves of a single cohort as it approaches the secondary school admission age. We also combine a number of cohorts and estimate a dynamic nonlinear model for house moving with unobserved effects. These approaches yield the same result: moving is significant...

This paper analyzes price elasticities in the Austrian market for mobile telecommunications services using data on firm specific tariffs. Both static and a dynamic panel data approaches lead to consistent results which provide evidence for a relatively elastic demand. Furthermore, some basic facts on the Austrian mobile telephone sector are presented. JEL-Classification: C23, L13, L96.

T he market potential is an indicator showing the level of market access and national demand for products of a region. The aim of this study is to study the effect of market potential on regional economic growth in 28 Iranian provinces over the years 2001–2011. In order to do that, a model of regional growth was estimated by using Spatial Dynamic Panel Data technique. This technique ...

This paper investigates gender differences in the spatial mobility of young adults when initially leaving their parental home. Using individual data from 11 waves (2000-2010) of the SOEP we examine whether female home leavers in East Germany move across greater distances than males and whether these differences are explained by the gender gap in education. Our results reveal that female home le...

This paper investigates the impact of stock markets and banks on economic growth using a panel data set for the period 1976-98 and applying recent GMM techniques developed for dynamic panels. Econometrically, the paper illustrates the differences that emerge from different panel procedures. On balance, we find that stock markets and banks positively influence economic growth and these findings ...

We modify a previously suggested GMM estimator in a spatial panel regression model by taking into account the difference between disturbances and regression residuals and derive its asymptotic properties. Simulation results and an empirical application to Indonesian rice data illustrate the improvement in finite samples. JEL Classification: C13, C21