Index numbers of prices and quantities are estimated in the framework of a two-way analysis of variance, based on the ideas of H. Theil and K. Banerjee. Topics include aggregation, multidimensional indices, and non-spherical errors. The method is applied to the commodity exports of developing nations. Copyright (c) 1997 Eric Blankmeyer

Regional economic inequality is a persistent problem for all nations. Meanwhile, satellite-derived night-time light (NTL) data have been extensively used as an efficient proxy measure for economic activity. This study firstly proposes a new method for correction of the NTL data derived from the Visible Infrared Imaging Radiometer Suite (VIIRS) aboard the Suomi National Polar-orbiting Partnershi...

Eco-efficiency is a tool for sustainability analysis that indicates how to carry out economic activities effectively. This paper assesses agricultural eco-efficiency using data envelopment analysis (DEA) and the Theil index approach. Using basic data of 31 provinces in China during 2003–2013, we analyzed the agricultural eco-efficiency development level and spatial pattern in China. The results...

We take a fresh look at Theil’s BLUS residuals and ask why they have gone out of fashion. All our simulation experiments indicate that tests based on BLUS residuals have higher power than those based on the more popular recursive residuals, even in those cases (structural breaks) where intuition would favour the recursive residuals. JEL Classification: B23; C10; C13; C20

In this paper a fuzzy and cointegration analysis are used to forecast tourist demand in Greece. In the first part, Johansen’s maximum likelihood techniques are applied to estimate the long-run relationships for the principal five tourist generating countries in Greece. In the second part, the estimated error correction terms are introduced to the first difference models to estimate the five sho...

Changes in biodiversity owing to vegetation degradation resulting from widespread urbanization demands serious attention. However, the connection between vegetation degradation and urbanization appears to be complex and nonlinear, and deserves a series of long-term observations. On the basis of the Normalized Difference Vegetation Index (NDVI) and the image’s digital number (DN) in nighttime st...