Temat: SURE - Katalog OPAC zbiorów

Skocz do pozycji: 1.

Tytuł:: On the Role of Portfolio Indicators of the Capital Flows in the Convergence Processes - An Application of Systems of Regression Equations in the Case of Selected CEE Countries
Autorzy:: Adamczyk, Piotr
Pipień, Mateusz
Powiązania:: https://bibliotekanauki.pl/articles/2119883.pdf
Data publikacji:: 2022
Wydawca:: Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:: convergence
labour productivity
economic growth
SURE
capital flows
Opis:: We analysed the empirical importance of the capital flows in processes of economic convergence of the CEE region. We depart from reference net measures of capital flow reflecting the level of development of the financial system and focus on gross capital flow. Our econometric model is based on Seemingly Unrelated Regression Equation (SURE) elaborated by Arnold Zellner. This environment seems an alternative to standard panel regression, because it enables cross-country heterogeneity of parameters of interest (like pace of convergence). We tested several restrictions of the unconstrained SURE model, leading to simpler specifications that would allow for regional homogeneity of the role of a particular factor (like capital flows) in growth fluctuations and β-type convergence.
Źródło:: Central European Journal of Economic Modelling and Econometrics; 2022, 3; 303-333
2080-0886
2080-119X
Pojawia się w:: Central European Journal of Economic Modelling and Econometrics
Dostawca treści:: Biblioteka Nauki

Artykuł

Skocz do pozycji: 2.

Tytuł:: Bayesian Variations on the Frisch and Waugh Theme
Autorzy:: Osiewalski, Jacek
Powiązania:: https://bibliotekanauki.pl/articles/483315.pdf
Data publikacji:: 2011
Wydawca:: Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:: Bayesian inference
regression models
SURE models
VAR processes
data transformations
Opis:: The paper is devoted to discussing consequences of the so-called Frisch-Waugh Theorem to posterior inference and Bayesian model comparison. We adopt a generalised normal linear regression framework and weaken its assumptions in order to cover non-normal, jointly elliptical sampling distributions, autoregressive specifications, additional nuisance parameters and multi-equation SURE or VAR models. The main result is that inference based on the original full Bayesian model can be obtained using transformed data and reduced parameter spaces, provided the prior density for scale or precision parameters is appropriately modified.
Źródło:: Central European Journal of Economic Modelling and Econometrics; 2011, 3, 1; 39-47
2080-0886
2080-119X
Pojawia się w:: Central European Journal of Economic Modelling and Econometrics
Dostawca treści:: Biblioteka Nauki

Artykuł

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