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Competition in the political arena and local government performance (2014)
Journal Article
Ashworth, B., Geys, B., Heyndels, B., & Wille, F. (2014). Competition in the political arena and local government performance. Applied Economics, 46(19), 2264-2276. https://doi.org/10.1080/00036846.2014.899679

Competition reduces rent extraction in private-sector firms. In this article, we empirically assess whether it similarly disciplines politicians by evaluating local-level governments’ performance in Flanders. The results indicate that electoral compe... Read More about Competition in the political arena and local government performance.

Nonparametric estimation and inference for conditional density based Granger causality measures (2014)
Journal Article
Taamouti, A., Bouezmarni, T., & El Gouch, A. (2014). Nonparametric estimation and inference for conditional density based Granger causality measures. Journal of Econometrics, 180(2), 251-264. https://doi.org/10.1016/j.jeconom.2014.03.001

We propose a nonparametric estimation and inference for conditional density based Granger causality measures that quantify linear and nonlinear Granger causalities. We first show how to write the causality measures in terms of copula densities. There... Read More about Nonparametric estimation and inference for conditional density based Granger causality measures.

Empirical Likelihood Estimation Based on Simulated Moment Conditions (2014)
Journal Article
Wang, X. (2014). Empirical Likelihood Estimation Based on Simulated Moment Conditions. Journal of mathematics and statistics, 10(2), 111-116. https://doi.org/10.3844/jmssp.2014.111.116

In this study we discuss the optimization of the Empirical Likelihood (EL) criterion function when the moment condition is nonstandard. We deal with this issue following the Method of Simulated Moment (MSM) introduced and we use importance sampling m... Read More about Empirical Likelihood Estimation Based on Simulated Moment Conditions.

Detecting racial bias in speed discounting: Evidence from speeding tickets in Boston (2014)
Journal Article
Anbarci, N., & Lee, J. (2014). Detecting racial bias in speed discounting: Evidence from speeding tickets in Boston. International Review of Law and Economics, 38, 11-24. https://doi.org/10.1016/j.irle.2014.02.002

We focus on a particular kind of discretionary behavior on the part of traffic officers when issuing speeding tickets – what we term speed discounting. It is anecdotally said that officers often give motorists a break by reporting a lower speed on th... Read More about Detecting racial bias in speed discounting: Evidence from speeding tickets in Boston.

Stated choices and benefit estimates in the context of traffic calming schemes: Utility maximization, regret minimization, or both? (2014)
Journal Article
Boeri, M., Scarpa, R., & Chorus, C. (2014). Stated choices and benefit estimates in the context of traffic calming schemes: Utility maximization, regret minimization, or both?. Transportation Research Part A: Policy and Practice, 61, 121-135. https://doi.org/10.1016/j.tra.2014.01.003

This paper proposes a discrete mixture model which assigns individuals, up to a probability, to either a class of random utility (RU) maximizers or a class of random regret (RR) minimizers, on the basis of their sequence of observed choices. Our prop... Read More about Stated choices and benefit estimates in the context of traffic calming schemes: Utility maximization, regret minimization, or both?.

The efficiency of empirical likelihood with nuisance parameters (2014)
Journal Article
Wang, X. (2014). The efficiency of empirical likelihood with nuisance parameters. Journal of mathematics and statistics, 10(2), 125-129. https://doi.org/10.3844/jmssp.2014.125.129

In this study we check the asymptotic efficiency of empirical likelihood in the presence of nuisance parameters combined with augmented moment conditions. We show that in the presence of nuisance parameters, the asymptotic efficiency of the empirical... Read More about The efficiency of empirical likelihood with nuisance parameters.

Forest valuation under the New Zealand Emissions Trading Scheme: a real options binomial tree with stochastic carbon and timber prices (2014)
Journal Article
Tee, J., Scarpa, R., Marsh, D., & Guthrie, G. (2014). Forest valuation under the New Zealand Emissions Trading Scheme: a real options binomial tree with stochastic carbon and timber prices. Land Economics, 90(1), 44-60. https://doi.org/10.3368/le.90.1.44

Under the New Zealand Emissions Trading Scheme, forests planted on or after January 1, 1990, earn carbon credits. These credits have to be repaid when the forest is harvested. This paper analyses the effects of this scheme on the value of bareland on... Read More about Forest valuation under the New Zealand Emissions Trading Scheme: a real options binomial tree with stochastic carbon and timber prices.

Valuing biodiversity enhancement in New Zealand's planted forests: Socioeconomic and spatial determinants of willingness-to-pay (2014)
Journal Article
Yao, R., Scarpa, R., Turner, J., Barnard, T., Rose, J., Palma, J., & Harrison, D. (2014). Valuing biodiversity enhancement in New Zealand's planted forests: Socioeconomic and spatial determinants of willingness-to-pay. Ecological Economics, 98, 90-101. https://doi.org/10.1016/j.ecolecon.2013.12.009

Planted forests are increasingly recognised for the provision of habitats for species threatened with extinction. Despite this development, a limited number of empirical studies have been undertaken to estimate the economic value of this ecosystem se... Read More about Valuing biodiversity enhancement in New Zealand's planted forests: Socioeconomic and spatial determinants of willingness-to-pay.

Job promotion in midcareer: gender, recession, and “crowding” (2014)
Journal Article
Addison, J., Ozturk, O., & Wang, S. (2014). Job promotion in midcareer: gender, recession, and “crowding”. Monthly labor review, 2014, 1-24

Data from the National Longitudinal Survey of Youth 1979 indicate that, between 1996 and 2010, women, on average, lost some of the promotion momentum they had achieved at the beginning of midcareer, although they outperformed men in this regard. For... Read More about Job promotion in midcareer: gender, recession, and “crowding”.

Is India Shining? (2014)
Journal Article
Banerjee, A., & Banik, N. (2014). Is India Shining?. Review of Development Economics, 18(1), 59-72. https://doi.org/10.1111/rode.12069

The popular perception about economic reforms having benefitted only the richer districts of India between 1999/2000 and 2004/2005 is investigated. Using the spatial dynamics of district-level per-capita income it was found that income distribution d... Read More about Is India Shining?.

Regional Selective Assistance in Scotland: Does it Make a Difference to Plant Productivity? (2014)
Journal Article
Moffat, J. (2014). Regional Selective Assistance in Scotland: Does it Make a Difference to Plant Productivity?. Urban Studies, 51(12), 2555-2571. https://doi.org/10.1177/0042098013510568

This paper examines whether receipt of a Regional Selective Assistance (RSA) grant has a causal impact on plant total factor productivity (TFP). To tackle the problem of self-selection into the treatment group, propensity score matching is employed.... Read More about Regional Selective Assistance in Scotland: Does it Make a Difference to Plant Productivity?.

Functional cointegration: definition and nonparametric estimation (2014)
Journal Article
Banerjee, A., & Pitarakis, J. (2014). Functional cointegration: definition and nonparametric estimation. Studies in Nonlinear Dynamics & Econometrics, 18(5), 507-520. https://doi.org/10.1515/snde-2013-0083

We formally define a concept of functional cointegration linking the dynamics of two time series via a functional coefficient. This is achieved through the use of a concept of summability as an alternative to I(1)’ness which is no longer suitable und... Read More about Functional cointegration: definition and nonparametric estimation.

Muscle drain versus brain gain in association football: technology transfer through player emigration and manager immigration (2014)
Journal Article
Allan, G., & Moffat, J. (2014). Muscle drain versus brain gain in association football: technology transfer through player emigration and manager immigration. Applied Economics Letters, 21(7), 490-493. https://doi.org/10.1080/13504851.2013.870641

To test theories of migration and economic development, this article examines whether international football teams benefit from having players playing abroad in stronger leagues and from employing managers from countries with stronger leagues. The re... Read More about Muscle drain versus brain gain in association football: technology transfer through player emigration and manager immigration.

Lower Productivity in Scotland, 1997-2012: Implications Post-2016 (2014)
Working Paper
Harris, R., & Moffat, J. (2014). Lower Productivity in Scotland, 1997-2012: Implications Post-2016

This paper finds that total factor productivity in Scotland was 11% below the ‘rest of the UK’ in 2012. This is found to be mainly due to negative plant ‘composition’ effects in those (service) sectors where the productivity gap is largest. It is als... Read More about Lower Productivity in Scotland, 1997-2012: Implications Post-2016.