This paper evaluates the impact of the positive terms of trade (TOT) Shock on macroeconomic variables, using panel data for the six OPEC major oil exporting countries during 1989-2005. The findings indicate that the positive TOT shocks have the small and negative impact on savings and on the trade balance. Nevertheless, it has a positive impact on investment (specifically private investment) an...

Today, globalization and integration processes in the economy have a significant impact on industrial development of cities regions. The purpose article is to analyze substantiate directions industry Kharkiv region context based competitive approach. article, study leading scientific publications content analysis statistical information, reveals peculiarities region's industry. research used se...

This paper examines the shifting influence of household characteristics and telecommunications infrastructure on the residential broadband adoption decision for Oklahoma residents between 2003 and 2006. In particular, the spread of wired telecommunications infrastructure (namely cable Internet and Digital Subscriber Lines (DSL)) is examined, along with the effect that this diffusion has had on ...

This paper uses panel and retrospective life history data from an important new data source the British Household Panel Survey to establish some stylised facts about the unemployment experiences of men. In particular we investigate the proportion of the sample who suffer from repeated unemployment spells, the origin and destination states of unemployment spells, some reasons for entering unempl...

We examine the ability of the Expansionary Fiscal Contraction (EFC) hypothesis to explain the performance of of OECD economies during times of crisis. We ̄nd some limited evidence in its favour: if public consumption is reduced in response to a ̄scal crisis (as de ̄ned by a high level of debt), private consumption does seem to increase. However the size of the e®ect is smaller than that typicall...

In a previous study, we found that some O serotypes of Serratia marcescens, as defined by agglutination tests, were not based on lipopolysaccharide (LPS) O antigens. We developed a dot enzyme immunoassay with a high degree of LPS specificity and tested 104 distinct clinical strains. Only 7 of the 24 existing O antigens were found in more than one strain: O12/O14 (30.8% of strains examined), O21...

Forecasting with Spatial Panel Data This paper compares various forecasts using panel data with spatial error correlation. The true data generating process is assumed to be a simple error component regression model with spatial remainder disturbances of the autoregressive or moving average type. The best linear unbiased predictor is compared with other forecasts ignoring spatial correlation, or...

this study investigates the relationship between market structure and profitability in the iranian manufacturing industries. in this study, raw data based on international standard industrial classification (at four digit code) has been used. fixed effects panel estimation method (based on diagnostic test results) has been chosen for empirical investigation. the result of the study confirms the...

We investigate the lead-lag relationship between growth of patent applications, growth of R&D, and growth of total sectoral employment for 270 German labour market regions over the period 1999-2005. Our unique panel dataset includes information on four two-digit industries, namely Chemistry, Transport equipment, Medical & Optical Equipment as well as Electrics & Electronics. The results obtaine...

Charitable giving data from a new Panel Study of Income Dynamics (PSID) philanthropy module are introduced. Relative distribution methods are used to compare the data to Internal Revenue Service (IRS) charitable deductions. Results indicate the new data are high quality. JEL Classification: C80, D64, H40.