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Economic Growth and International R&D Cooperation: A Panel Granger Causality Analysis 经济增长与国际研发合作:面板格兰杰因果分析
Pub Date : 2014-01-23 DOI: 10.12691/IJEFM-2-1-2
Tarek Sadraoui, Tarek Ben Ali, Bechir Deguachi
This paper will investigate the Granger causality between R&D cooperation and economic growth in 32 industrial and developing countries from 1970 to 2012. We use an innovative econometric method which is based on a panel test of the Granger non causality hypothesis. Using a new method to evaluate causality in a heterogeneous panel, we find that the causal relationship from R&D cooperation to economic growth is homogeneous among the panel. However, we find strong evidence of a heterogeneity of the causal relationship from economic growth to R&D cooperation in our sample. Results provide support for a robust causality relationship from economic growth to R&D cooperation. On the contrary, the non causality hypothesis from R&D cooperation to economic growth can’t be rejected in most of the cases. However, these results only imply that, if such a relationship exists, it can’t be easily identified in a simply bi-variate Granger causality test.
本文将研究1970 - 2012年32个发达国家和发展中国家研发合作与经济增长之间的格兰杰因果关系。我们使用了一种创新的计量经济学方法,该方法基于格兰杰非因果假设的面板检验。利用一种新的异质性面板因果关系评价方法,我们发现面板间R&D合作对经济增长的因果关系是同质的。然而,在我们的样本中,我们发现经济增长与研发合作的因果关系存在异质性。研究结果支持经济增长与研发合作之间存在显著的因果关系。相反,在大多数情况下,研发合作对经济增长的非因果假设都不能被否定。然而,这些结果只是暗示,如果这种关系存在,它不能很容易地识别在一个简单的双变量格兰杰因果检验。
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引用次数: 22
Analysis of the Response of Small and Medium Farmers Incentives for Investment in Water Saving 中小农户节水投资激励响应分析
Pub Date : 2014-01-23 DOI: 10.12691/IJEFM-2-1-4
J. Mkadmi
The review of current water balance of Tunisia as a result of increasing demand and a stagnant supply reveals a situation of water stress, an endowment of nearly 450m3/an/habitant. The irrigated sector, the largest consumer of this resource (80%) would be the first affected by this situation. To reduce the effects of water scarcity on irrigated agriculture, the government has designed and implemented since 1995 a national program of water conservation. Significant positive incentives have been decided to encourage farmers to adopt new irrigation techniques offered by this program. It is clear that despite the importance of subsidies for investment in water-saving equipment (60% of the amount invested), the equipment rate remained below the expected objectives. The present work aims to define a methodological approach and test to explain the slow growth of water-saving program and analyzing adoption decisions of the proposed techniques by small and medium farmers. The data used to estimate the model specified is collected by survey of 40 small and medium farmers belonging to a private irrigated area Abida Kairouan Governorate. The results show that the effects of eliminating the interest subsidy is higher than the subsidy rate of capital. So the reaction of small and medium farmers is slow vis-a-vis technological change, and must be supplemented by other types of interventions. Thus, the instrument implemented is not effective. The remainder of paper is organized as follows: In the first section, we will present the general framework and then the specific context and the background information in order to introduce the problem and the research methodology. The second section will develop the background literature of our work. In the third section, we will discuss the various results of the work. Finally, the last section talks about the findings and to remember the different political implications of this research.
由于需求增加和供应停滞,对突尼斯目前的水平衡进行的审查显示出水压力的情况,每个居民的供水量接近450立方米。灌溉部门是这种资源的最大消耗者(80%),将首先受到这种情况的影响。为了减少水资源短缺对灌溉农业的影响,政府自1995年以来设计并实施了一项全国节水计划。已经决定采取重大的积极激励措施,鼓励农民采用该计划提供的新灌溉技术。显然,尽管节水设备投资补贴(投资额的60%)很重要,但设备率仍低于预期目标。目前的工作旨在定义一种方法方法和测试来解释节水计划的缓慢增长,并分析中小农民对拟议技术的采用决策。用于估计指定模型的数据是通过对Abida Kairouan省私人灌溉地区的40名中小农民的调查收集的。结果表明,取消利息补贴的效果高于资本补贴率。因此,中小农民对技术变革的反应是缓慢的,必须辅以其他类型的干预。因此,实施的工具是无效的。论文的其余部分组织如下:在第一部分,我们将介绍总体框架,然后是具体的背景和背景信息,以介绍问题和研究方法。第二部分将介绍本研究的背景文献。在第三部分中,我们将讨论这项工作的各种结果。最后,最后一部分讨论了研究结果,并记住了这项研究的不同政治含义。
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引用次数: 0
Investigation of Early Markers of Clustering: Experience in Applying Nonparametric Technique of Examination 聚类早期标记的研究:应用非参数检验技术的经验
Pub Date : 2014-01-23 DOI: 10.12691/IJEFM-2-4-4
Soboleva S.Yu., P. Tereliansky
Article is devoted to the issue on early markers of formation of economic clusters, which are the specific regional conditions. In contemporary Russian economic reality, when the state implements the initiation of cluster projects in different geographical regions and economic sectors, particularly relevant is the task to analyze and identify the regional environment conducive to the successful cluster formation. In order to complete the task, authors propose to use non-parametric methodology of examination, allowing to analyze objects with a complex quality structure. Paper describes this technique, and tests it in an example of the emerging pharmaceutical cluster in the Volgograd region. Following the results of the study, a conclusion on the feasibility of establishing a cluster in the area, and the main insufficient conditions are identifies, the improvement of which will have a positive impact on the process of formation of the Volgograd pharmaceutical cluster.
本文探讨了经济集群形成的早期标志问题,即具体的区域条件。在当代俄罗斯经济现实中,当国家在不同地理区域和经济部门实施集群项目启动时,分析和确定有利于集群成功形成的区域环境的任务尤为重要。为了完成这项任务,作者建议使用非参数检验方法,允许分析具有复杂质量结构的对象。本文介绍了该技术,并以伏尔加格勒地区新兴医药集群为例进行了验证。根据研究结果,得出了在该地区建立集群的可行性结论,并指出了主要的不足条件,这些条件的改善将对伏尔加格勒制药集群的形成过程产生积极的影响。
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引用次数: 1
Concentration and Spatial Distribution of Economic Entities under Innovative Development of the Region 区域创新发展下经济主体集聚与空间分布
Pub Date : 2014-01-23 DOI: 10.12691/IJEFM-2-4-0
Mikhaylov Andrey Sergeevich
The special issue on the "Geography of Innovation and Economic Clusters: Evidence from Russia" is held in order to provide insights on the theoretical elaboration and practical implementation of the cluster concept in the regions of the Russian Federation. Multidimensional nature of the phenomenon of economic clustering has led to the need for a transdisciplinary approach in studying the features of spatial distribution of regional economic entities and institutions of the region in the framework of knowledge economy. We therefore invite scholars to consider the development of the cluster concept by taking into account the impact of the neighboring areas of science, focused on in-depth study of each of the three key features of the cluster concept - interconnectedness, systemic properties, and spatial proximity. The eight articles of the special issue uncover the aspects of the innovation process in the regional context, the factor of international inter-cluster collaboration, the methods of cluster mapping and identification of the early indications to track the emergence of a cluster, as well as the case studies on the industry cauterization in various parts of the country.
关于“创新和经济集群的地理:来自俄罗斯的证据”的特刊是为了提供关于集群概念在俄罗斯联邦地区的理论阐述和实际实施的见解。经济集聚现象的多维性要求在知识经济框架下对区域经济实体和制度的空间分布特征进行跨学科的研究。因此,我们邀请学者通过考虑相邻科学领域的影响来考虑集群概念的发展,重点深入研究集群概念的三个关键特征-互联性,系统性属性和空间邻近性。这期特刊的八篇文章揭示了区域背景下的创新过程、国际集群间合作的因素、集群映射和早期迹象识别的方法以跟踪集群的出现,以及对全国各地产业焦化的案例研究。
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引用次数: 1
Bootstrapping Normal and Binomial Distributions 自举正态分布和二项分布
Pub Date : 2014-01-23 DOI: 10.12691/IJEFM-2-6-5
A. C. Kelechi
This paper examines and compares the implications of bootstrapping normal and binomial distributions. Hypothetical data set was used aided by S-plus package. Data analysis, examination, and comparison were based on their correlation coefficients and the bootstrap estimate of the standard error of plug-in correlation coefficient. Evidence shows that both distributions behave very well as seen in the fundamental theory of statistics. Also as the bootstrap level increases, the binomial gives a lower correlation coefficient (-0.07258132), against -0.1355295 in normal distribution. It is pertinent to note that the correlation coefficient is steady as the bootstrap increases.The paper therefore focuses on the performance of the standard error of plug-in correlation coefficient. Result shows that the normal distribution gives lower standard error which suggests more reliability to the plug-in estimate. Thus, this study uses the bootstrap method to demonstrate a scenario where the normality assumption becomes stronger as the bootstrap sample sizes (100, 500, and 1000) gets larger but on approximation at two decimal places, both distributions give the same statistical inference (1000: 0.14). Therefore, binomial distribution is preferred to normal distribution in terms of their correlation coefficient but the normal distribution is preferred to binomial for carrying out further analysis in parameter estimation and other statistical inference in terms of their standard error of plug-in correlation coefficient.
本文研究并比较了自举正态分布和二项分布的含义。假设数据集使用S-plus软件包辅助。数据分析、检验和比较是基于它们的相关系数和插件相关系数标准误差的自举估计。有证据表明,这两种分布都表现得很好,就像统计学基础理论中看到的那样。此外,随着自举水平的增加,二项分布给出了较低的相关系数(-0.07258132),而正态分布为-0.1355295。值得注意的是,相关系数随着自举的增加是稳定的。因此,本文重点研究了插件相关系数标准误差的性能。结果表明,正态分布给出的标准误差较小,说明插件估计具有较高的可靠性。因此,本研究使用bootstrap方法来演示一个场景,其中正态性假设随着bootstrap样本大小(100,500和1000)变得更大而变得更强,但在小数点后两位的近似值上,两个分布给出了相同的统计推断(1000:0.14)。因此,二项分布的相关系数优于正态分布,但在参数估计和其他统计推断中,正态分布的插件相关系数的标准误差优于二项分布进行进一步分析。
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引用次数: 5
Identification of Tourist Clusters in the Pribaikal Region 普里贝加尔湖地区旅游集群的识别
Pub Date : 2014-01-23 DOI: 10.12691/IJEFM-2-4-8
Rubtsova Natalia Vladimirovna
The purpose of this study was to assess the availability of tourism clusters in the regions of Pribaikal, namely the Irkutsk region and the Republic of Buryatia, using a variety of cluster identification methods. The findings suggest that the characteristics of tourism clusters are found in the Republic of Buryatia. However, in Irkutsk region they are not available, although the two regions are the object of a number of national and regional development programs of tourism clusters.
本研究的目的是利用各种集群识别方法评估普里贝加尔地区(即伊尔库茨克地区和布里亚特共和国)旅游集群的可用性。研究结果表明,布里亚特共和国具有旅游集群的特征。然而,在伊尔库茨克地区,虽然这两个地区是许多国家和地区旅游集群发展计划的对象,但它们是不可用的。
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引用次数: 3
Research on Inviting Foreign Direct Investment to Guangxi Province of China 广西吸引外商直接投资研究
Pub Date : 2014-01-23 DOI: 10.12691/IJEFM-2-6-6
L. Shang, Bu Cuilan, Cai Li
With the implementation of reform and opening-up policy of China, the economy in Guangxi province has made tremendous achievements. Foreign direct investment is extremely vital for stimulating economic growth for Guangxi. At the same time, foreign direct investment has created a large number of job opportunities and promoted the optimization and upgrading of industrial structure of Guangxi. This paper analyzed the development status of the utilization of foreign direct investment in Guangxi province and proposed the countermeasures and suggestions for improving the utilization of foreign direct investment in Guangxi province.
随着中国改革开放政策的实施,广西经济取得了巨大的成就。外商直接投资对促进广西经济增长至关重要。同时,外商直接投资创造了大量就业机会,促进了广西产业结构的优化升级。本文分析了广西利用外商直接投资的发展现状,提出了提高广西利用外商直接投资水平的对策和建议。
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引用次数: 0
Exchange Rate Relationship of India with Its Major Trading Partners: A Joint Testing Approach 印度与其主要贸易伙伴的汇率关系:一种联合检验方法
Pub Date : 2014-01-23 DOI: 10.12691/IJEFM-2-6-4
Deepika Chandwani, Manminder Singh Saluja
After 1991 economic reforms, India registered tremendous fluctuation in Rupee exchange rate figures owing to its increasing trade and financial relationship with its major trading partners i.e. USA, Europe, and China. This paper examines the International parity conditions viz. Relative Purchasing Power Parity (RPPP), Covered Interest Rate Parity (CIP), Uncovered Interest Rate Parity (UIP), Fisher Effect, and Forward Rate Hypothesis, to reveal the changing financial and economic relations of India with USA, China and Europe. The major objectives of the research are to study the extent to which these International Parity conditions hold for the examined period by employing single cointegration framework and, examining the strong and weak form of parities - allowing for more channels of interaction between variables under joint modeling framework. Using Johansen cointegration test, it is argued that all the parities - except forward rate hypothesis- fail to hold in Rupee/Dollar case, reflecting that the commodity and capital markets of these two countries are not integrated. CIP and Fisher effect hold in weak form in India with respect to China and validity of weak Fisher effect with Europe indicates partial integration and openness of India to these countries. Evidence for the joint validity of strong PPP and weak CIP is reported for India - China suggesting that these parities hold when the actions of importers and exporters, and investors are combined together.
1991年经济改革后,由于与美国、欧洲和中国等主要贸易伙伴的贸易和金融关系不断增加,印度卢比汇率数据出现了巨大波动。本文考察了国际平价条件,即相对购买力平价(RPPP)、覆盖利率平价(CIP)、未覆盖利率平价(UIP)、费雪效应和远期利率假设,以揭示印度与美国、中国和欧洲的金融和经济关系的变化。研究的主要目标是通过采用单一协整框架来研究这些国际平价条件在研究期间的维持程度,并检查平价的强弱形式-允许在联合建模框架下变量之间的更多相互作用渠道。运用约翰森协整检验,认为卢比/美元情况下,除了远期利率假设外,所有的等式都不成立,这反映了两国的商品市场和资本市场没有整合。CIP和Fisher效应在印度相对于中国存在弱形式,对欧洲存在弱Fisher效应的有效性表明印度对这些国家的部分一体化和开放。据报道,印度-中国强购买力平价和弱CIP联合有效性的证据表明,当进口商、出口商和投资者的行动结合在一起时,这些政党成立。
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引用次数: 0
Risk Measurement in Commodities Markets Using Conditional Extreme Value Theory 基于条件极值理论的商品市场风险度量
Pub Date : 2014-01-23 DOI: 10.12691/IJEFM-2-5-4
Ahmed Ghorbel, Sameh Souilmi
The aim of this paper is to quantify risk in oil, gas natural and phosphates markets by the Value at Risk and Expected Shortfull using McNeil and Frey (2000) two-steps approach based on the combination of the theory of extreme values and the GARCH model. A comparison is made between this method and various conventional methods such as GARCH models, Filtered hsitoriacal simulation, unconditional EVT-POT and unconditional EVT Bloc. Particular attention is given to study the quality of VaR forecasts obtained from conditional EVT method. The results we report show that this method is the best one for quantile superior to 99%. In all other cases, it offer acceptable VaR’s forecasts but not statistically better than GARCH methods.
本文的目的是使用McNeil和Frey(2000)基于极值理论和GARCH模型相结合的两步方法,通过风险价值和预期短期来量化石油、天然气、天然气和磷酸盐市场的风险。将该方法与GARCH模型、滤波历史模拟、无条件EVT- pot和无条件EVT Bloc等传统方法进行了比较。重点研究了条件EVT方法预测VaR的质量。结果表明,该方法的分位数优于99%。在所有其他情况下,它提供了可接受的VaR预测,但在统计上并不比GARCH方法好。
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引用次数: 2
Research on the Utilization of Foreign Direct Investment in Yunnan Province of China 云南省利用外商直接投资研究
Pub Date : 2014-01-23 DOI: 10.12691/IJEFM-2-1-1
Wang Ludan, Cai Li
Since driven by “Going Global” campaign, Yunnan province took advantages of rich natural resources and favorable location adjacent to South Asia and Southeast Asia. Furthermore, the environment for foreign investment in has improved a lot. As a result, the scale of FDI has increased significantly and many countries in the world especially Asian countries are attracted. However, there are still many problems with the utilization of FDI in . This paper analyzes the development and problems of the utilization of FDI in province and puts forward relevant countermeasures and suggestions for improving utilization of FDI in province.
在“走出去”的推动下,云南省利用了丰富的自然资源和毗邻南亚、东南亚的优越地理位置。此外,外商投资的环境也有了很大的改善。因此,外商直接投资规模显著增加,吸引了世界上许多国家特别是亚洲国家。但是,我国利用外商直接投资还存在许多问题。本文分析了全省利用外商直接投资的发展和存在的问题,并提出了提高全省利用外商直接投资的对策和建议。
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引用次数: 2
期刊
international journal of research in computer application & management
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