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Modelling Primary Energy Consumption under Model UncertaintyCsereklyei, Zsuzsanna, Humer, Stefan 11 1900 (has links) (PDF)
This paper examines the long-term relationship between primary energy consumption and other key macroeconomic variables, including real GDP, labour force, capital stock and technology, using a panel dataset for 64 countries over the period 1965-2009. Deploying panel error correction models, we find that there is a positive relationship running from physical capital, GDP, and population to primary energy consumption. We observe however a negative relationship between total factor productivity and primary energy usage. Significant differences arise in the magnitude of the cointegration coefficients, when we allow for differences in geopolitics and wealth levels. We also argue that inference on the basis of a single model without taking model uncertainty into account can lead to biased conclusions. Consequently, we address this problem by applying simple model averaging techniques to the estimated panel cointegration models. We find that tackling the uncertainty associated with selecting a single model with model averaging techniques leads to a more accurate representation of the link between energy consumption and the other macroeconomic variables, and to a significantly increased out-of-sample forecast performance. (authors' abstract) / Series: Department of Economics Working Paper Series
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Unheimliche Fortschritte Natur, Technik und Mechanisierung im Werk von Hans Magnus EnzensbergerBarbey, Rainer January 1900 (has links)
Zugl.: Regensburg, Univ., Diss., 2006
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Three essays on investment-specific technical change /Elger, Max. January 2007 (has links) (PDF)
School of Economics, Diss.--Stockholm, 2007. / Enth. 3 Beitr.
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Heterogeneity, efficiency and growth /Vandenbussche, Jérôme Pierre. January 2004 (has links) (PDF)
Mass., Harvard Univ., Graduate School of Arts and Sciences, Diss.--Cambridge, 2004. / Kopie, ersch. im Verl. UMI, Ann Arbor, Mich. - Enth. 3 Beitr.
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Three episodes in nineteenth-century United States banking and finance /Hoag, Christopher. January 2003 (has links) (PDF)
Calif., California Inst. of Technology, Diss.--Pasadena, 2003. / Kopie, ersch. im Verl. UMI, Ann Arbor, Mich.
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Three essays in labor economics /Kézdi, Gábor. January 2003 (has links) (PDF)
Mich., Univ. of Michigan, Diss.--Ann Arbor, 2003. / Kopie, ersch. im Verl. UMI, Ann Arbor, Mich. - Enth. 3 Beitr.
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Essays on technology spillovers, trade, and productivity /Park, Changsuh. January 2003 (has links) (PDF)
Colo., Univ. of Colorado, Dep. of Economics, Diss.--Boulder, 2003. / Kopie, ersch. im Verl. UMI, Ann Arbor, Mich.
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Demand and supply responses of digital goods protected by intellectual property rights to advances in digital technologies /Zentner, Alejandro. January 2005 (has links) (PDF)
Ill., Univ. of Chicago, Dep. of Economics, Diss.--Chicago, 2005. / Kopie, ersch. im Verl. UMI, Ann Arbor, Mich. - Enth. 3 Beitr.
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Essays on dynamic general equilibrium models : theory and applications /Miao, Jianjun. January 2003 (has links) (PDF)
NY, Univ. of Rochester, Dep. of Economics, Diss.--Rochester, 2003. / Kopie, ersch. im Verl. UMI, Ann Arbor, Mich. - Enth. 3 Beitr.
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Compensation in high-tech labor markets : the role of stock options and technology /Campbell, Benjamin Aaron. January 2002 (has links) (PDF)
Calif., Univ. of California, Diss.--Berkeley, 2002. / Kopie, ersch. im Verl. UMI, Ann Arbor, Mich. - Enth. 3 Beitr.
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