Journal of Business & Economic Statistics articles from April 2003

Journal of Business & Economic Statistics archives from April 2003

Regression modeling and meta-analysis for decision making: a cost-benefit analysis of incentives in telephone surveys.
April 1, 2003... Regression models are often used, explicitly or implicitly, for decision making. However, the choices made in setting up the models (e.g., inclusion of predictors based on statistical significance) do not map directly into decision procedures....

The effects of public R&D subsidies on firms' innovation activities: the case of Eastern Germany.
April 1, 2003... This study analyzes the effects of public R&D policy schemes on the innovation activities of firms in Eastern Germany. The main question in this context is whether public funds stimulate R&D activities or simply crowd out privately financed...

The aroma of Tacoma: time-varying average derivatives and the effect of a superfund site on house prices.
April 1, 2003... A variant of the average derivative estimator is developed to construct an index measuring the effects of a copper smelter on house prices in Tacoma, Washington. The estimated average derivative index is smooth and has lower standard errors...

Efficient estimation of semiparametric equivalence scales with evidence from South Africa.
April 1, 2003... We propose semiparametric procedures for estimation and testing of base-independent equivalence scales. The partial linear index specification permits simultaneous estimation across multiple household types and multiple goods and also the...

On the predictive distributions of outcome gains in the presence of an unidentified parameter.(a discussion of a standard latent variable selection model)
April 1, 2003... In this article we describe methods for obtaining the predictive distributions of outcome gains in the framework of a standard latent variable selection model. Although most previous work has focused on estimation of mean treatment parameters...

Efficient estimation of conditional asset-pricing models.
April 1, 2003... A semiparametric efficient estimation procedure is developed for the parameters of multivariate generalized autoregressive conditional heteroscedasticity-in-mean models when the disturbances have a conditional distribution assumed to be...

Measuring and decomposing productivity change: stochastic distance function estimation versus data envelopment analysis.
April 1, 2003... Measuring productivity change with Malmquist indices has become common practice, because they are easily computed using nonparametric programming techniques and can be readily decomposed into technical and efficiency change. However, this...

Imposing and testing curvature conditions on a Box-Cox cost function.(a study of a new method for testing concavity of cost functions using asymptotic least squares)
April 1, 2003... We present a new method for imposing and testing concavity of cost functions using asymptotic least squares, which can be easily implemented even for nonlinear cost functions. We provide an illustration for a (generalized) Box-Cox cost function...

The Zellner Thesis Award in Business and Economic Statistics.(the Business and Economics Statistics Section of the American Statistical Association announces the 2003 Zellner Thesis Award)
April 1, 2003... 2003 Zellner Award Competition The Business and Economics Statistics Section of the American Statistical Association announces the competition for the 2003 Zellner Thesis Award. The award is named for Arnold Zellner, past Chair of the...