Our research aims to determine the effect of electricity distribution and energy consumption on industrial development dynamics that occur between regions in Indonesia by adding investment inflation as control variables. The analysis tools we use are static (Fixed Effect) dynamic (GMM) panel data model with a dataset 34 provinces for 2012-2019 period. results state has significant positive indu...

For the past few years, regionalism has been progressing in East Asia with the likes of China, Japan, and Korea (CJK) as the most prominent actors. Unfortunately, with the absence of trade arrangement amongst the CJK, the present regional trade scheme is not sufficient to reach sustainability. This paper uncovers the inefficient scheme through Engle-Granger Cointegration and Error Correction Me...

The Balassa-Samuelson effect is usually seen as the prime explanation of the continuous real appreciation of central and east European (CEE) transition countries' currencies against their western counterparts. The response of a small country's real exchange rate to various shocks is derived in a simple model. It is shown that productivity shocks work not only through a Balassa-type supply chann...

This paper investigates the dynamics of immigrants’ employment assimilation in comparison with the standard static assimilation model. When the effect of past employment experience on current employment possibilities differs between immigrants and natives, then the static assimilation model might produce biased and unrealistic predictions of the relative employment probabilities of immigrants. ...

We propose to use the attractiveness of pooling relatively short time series that display similar dynamics, but without restricting to pooling all into one group. We suggest to estimate the appropriate grouping of time series simultaneously along with the group-specific model parameters. We cast estimation into the Bayesian framework and use Markov chain Monte Carlo simulation methods. We discu...

A multi-product cost model is estimated on a panel of U.S. local exchange carriers from the period 1989–1999. The model allows specification of cost inefficiency to avoid potential bias in the estimates. Unlike earlier research, the paper experiments with several proxies of the carriers’ access provision. The results show slight economies of scale and density with moderate cost increments due t...

This paper presents a new copula-based approach for analyzing panel data in which (1) the observed multivariate outcomes are a mixture of zeros and continuouslymeasured positives, with the zeros accounting for a nontrivial proportion of the sample; (2) both the zero and positive outcomes show state dependence and dynamic interdependence (cross-equation lagged dependence); and (3) the zeros and ...

one of the most important issues about production structure and measurement of factors utilization in industry is the study of substitutability among the production factors. while, energy, for its particular features like finite and the direct relationship between energy usage and air pollution; and specifically abundance of energy resources and allocation of subsidies to different energy carri...

Labour Turnover and the Spatial Distribution of Unemployment: A Panel Data Analysis Using Employment Registry Data This paper aims to study whether the local variation in unemployment rates is related to labour turnover and what is the sign of such relationship. In addition, the paper aims to assess the relative impact of inflow and outflow from unemployment on the dynamics of the local unemplo...

Using a standard factor decomposition of a panel of forecasts, we have shown that the forecast uncertainty from the standpoint of a policy maker can be expressed as the disagreement among forecasters plus the perceived variability of common aggregate shocks. Thus, the uncertainty of the average forecast is not the variance of the average forecast but rather the average of the variances of the i...