Search results for "Panel Data"
showing 10 items of 172 documents
The Impact of Internet and Social Media Use on Well-Being
2021
The present research examines the longitudinal average impact of frequency of use of Internet and social networking sites (SNS) on subjective well-being of adolescents in Germany. Based on five-wave panel data that cover a period of nine years, we disentangle between-person and within-person effects of media use on depressive symptomatology and life satisfaction as indicators of subjective well-being. Additionally, we control for confounders such as TV use, self-esteem, and satisfaction with friends. We found that frequency of Internet use in general and use of SNS in particular is not substantially related subjective well-being. The explanatory power of general Internet use or SNS use to p…
DETERMINANTS OF PROFITABILITY IN SPANISH FINANCIAL INSTITUTIONS. COMPARING AIDED AND NON-AIDED ENTITIES
2015
The last financial crisis has led to the greatest contribution of public funds ever made to Spanish banks. This paper studies why the need for support has been asymmetric, with not all of the institutions requiring aid. Based on profitability of assets (ROA), we determine using panel data econometric and logit response models the components of profit and loss accounts that generated profitability as well as the factors leading to some entities to ask for aid. The analyses show that before the beginning of the crisis there were significant differences between entities that needed aid and those that did not. The most profitable banks grounded their success in the traditional revenue component…
The globalisation divide in the public mind: belief systems on globalisation and their electoral consequences
2019
Many studies describe how globalisation—the global integration of the economic, political, and cultural domains of society—transforms party competition in Western Europe. At the citizen level, however, our knowledge about globalisation attitudes and their electoral consequences remains limited. Using data from a large-scale panel survey of the German public, we show that, first, citizens hold stable rather than fluid attitudes towards the concept of globalisation. Second, these attitudes are rather closely related to positions on specific economic, cultural, and political issues that social scientists understand as facets of globalisation but unrelated to positions on traditional redistribu…
Island Development Model Specialisation: A Panel Data Analysis Comparing Evolutionary Tourism Model, Industrial to Community-Based (2010–2019)
2022
Islands are frequently characterised by an economic structure centred on tourism and the service sector. This specialisation has taken different forms and characterisations concerning the chosen or spontaneously developed model. To understand the development choices and patterns, this article analyses sixteen islands and archipelagos in the European Union over ten years from 2010 to 2019. A panel data analysis was based on critical variables identifying the tourism industry model from those that could represent a proxy of the community-based tourism model. The principal component analysis was adopted to compare the evolutionary trends of these two different ways of choosing the island’s tou…
Do microfinance institutions benefit from integrating financial and nonfinancial services?
2017
This article examines the impact of microfinance ‘plus’ (i.e. coordinated combination of financial and nonfinancial services) on the performance of microfinance institutions (MFIs). Using a global data set of MFIs in 77 countries, we find that the provision of nonfinancial services does not harm nor improve MFIs’ financial sustainability and efficiency. The results however suggest that the provision of social services is associated with improved loan quality and greater depth of outreach.
Is the sustainability profile of FinTech companies a key driver of their value?
2022
[EN] The digitisation process is affecting all markets and raising consumer awareness about companies' sustainable behaviour. This work studies the effect of the sustainability profile of FinTech companies on the firm (market value and book value) as the factors that add value to investors and motivate their evolution in markets are still unknown. Using the KBW and Nasdaq FinTech Indices, and the NASDAQ Insurance Index (IXIS), we composed a panel of 95 companies over a 10-year period (2010-2019) with economic-financial variables and data about green certificates and sustainability indices. The applied methodology is based on dynamic (GMM-SYS) and static (PCSE) panel data models. Our results…
Hysteresis vs. natural rate of unemployment: new evidence for OECD countries
2004
Abstract The paper tests hysteresis effects in unemployment using panel data for 19 OECD countries. We apply a sequential procedure based in two multivariate augmented Dickey-Fuller test (ADF)-type panel unit root tests in a SURE framework. We strongly reject the joint null of hysteresis and find that only seven countries present evidence of hysteresis.
Selection Correction in Panel Data Models: An Application to Labour Supply and Wages
2000
In recent years a number of panel estimators have been suggested for sample selection models, where both the selection equation and the equation of interest contain individual effects which are correlated with the explanatory variables. We review and compare some of these estimators, and apply them to estimating the return to actual labour market experience for females, using a panel of twelve years. All these estimators rely on the assumption of strict exogeneity of regressors in the equation of interest, conditional on individual specific effects and the selection mechanism. This assumption is likely to be violated in many applications. Also, life history variables are often measured with…
Irrigation water intensity and climate variability: an agricultural crops analysis of Italian regions
2020
This paper examines the relationship between the requirement of water resources for irrigation and climate variability and analyses the ranking of the best and worst performance of irrigation water intensity for each Italian region. To measure water resources demanded by agriculture, the irrigation water intensity (IWI) indicator has been computed as the ratio between volumes of irrigation water and total crop harvested. By applying panel data methodologies to a regional dataset spanning from 2000 to 2009, we may address heterogeneity and omitted variable issues. By merging meteo-climatic with agricultural variables, we may confirm that water precipitations, maximum temperature, irrigation …
Sigma-convergence in the OECD: Transitional Dynamics or Narrowing Steady State Differences?
2002
The empirical literature of growth has steadly improved the econometric methods used mainly to address the effect of cross-country heterogeneity in the estimated convergence rate. In this paper, we highlight an important implication of this process of econometric refinement that has so far received little attention. We show that the picture that emerges from models that allow for generalised heterogeneity changes our view of the process of convergence within the OECD. Estimation methods that allow for non or partial heterogeneity stress the importance of transitional dynamics in the process of convergence. Thus sigma-convergence is mostly accounted for by beta-convergence. On the contrary, …