WebDriscoll JC, Kraay AC (1998). “Consistent covariance matrix estimation with spatially dependent panel data.” Review of economics and statistics, 80(4), 549–560. Hoechle D … WebApr 8, 2024 · I estimate short and long-run regional democratic diffusion in six regions. •. When regional democracy increases, the spillover is 40–42% in 5 years, 55–61% in 10. •. Allowing feedback suggest regions converge to unique long-run democracy levels. •. Contiguous neighbors do not appear to play an outsized role. •.
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WebThe analysis carried out via panel data econometrics and following the Driscoll & Kraay (1998) technique has allowed us to draw two lessons in the context of these countries. The first is that renewable energy consumption is a marginal factor in improving human development, and the second is that total energy consumption is a factor in ... WebAug 11, 2024 · This study explores the environmental impacts of economic policy uncertainty, economic complexity, renewable energy, and energy intensity on the countries in the Group of Seven (G7) countries. To this end, the study employs fully modified ordinary least squares and a fixed effects model with Driscoll and Kraay, Rev Econ Stat … chinese food in jenison mi
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WebThis article examines the relationship between financial development and income inequality for selected EU countries by using fixed effects panel data estimator over the years2004-2015. Our ... WebOct 1, 2024 · Regression results based on Driscoll-Kraay procedure are reported in Table 2. We find that an increase in exchange rates and a shock to real oil prices affect stock markets negatively across four sample periods. ... Driscoll and Kraay, 1998. J.C. Driscoll, A.C. Kraay. Consistent covariance matrix estimation with spatially dependent panel data ... WebBy relying on large-Tasymptotics, Driscoll and Kraay (1998) demonstrate that the standard nonparametric time-series covariance matrix estimator can be modi ed such that it is … chinese food in jensen beach fl