Fixed Effects Results for Annual Growth (Entire Sample)

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Investigating the Effects of Privatization on the Economic Growth in Developing Countries: A Fixed Effects Approach

Investigating the Effects of Privatization on the Economic Growth in Developing Countries: A Fixed Effects Approach

Keywords: Privatization, Economic Growth, Developing Countries, Fixed effects 1. Introduction Privatization process is an approach to gradually access to the market mechanism in which the countries with government intervention allocate a part of public and governmental ownerships to individuals and private sector. It is generally believed that the private sector has a higher motivation for activity since it seeks to maximize benefit and in such a condition, limited resources of society are allocated optimally and efficiently.

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Modelling the Comparative Effects of Health and Education on Growth: A Fixed Effects (FE) Model

Modelling the Comparative Effects of Health and Education on Growth: A Fixed Effects (FE) Model

This paper analysed the comparative impacts of health and education on growth in Southern African region using a set of cross country panel data from 11 countries during the sample period 2005 – 2011. The econometric procedure used in the study employed the Breusch and Pagan Lagrangian Multiplier test and Hausman test techniques. Based on the Fixed Effects (FE) model, results show that health and education have statistically significant and positive effects on economic growth; with health having a more remarkable effect on economic growth. The R-squared statistic indicates that nearly 22.84 percent total variation in economic growth was accounted for by health and education during the period under review. The F(2,65) statistic (=16.45; p < 0.05) reveals significance of the model; while the interclass correlation value shows that nearly 99.53 percent of the variance was due to differences across panels.
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2015 Annual Results Fixed Income Investor Presentation. 26 February 2016

2015 Annual Results Fixed Income Investor Presentation. 26 February 2016

Other factors that could adversely affect our results and the accuracy of forward-looking statements in this document include the risk factors and other uncertainties discussed in the 2015 Annual Report and Accounts. These include the significant risks for RBS presented by the outcomes of the legal, regulatory and governmental actions and investigations that RBS is subject to (including active civil and criminal investigations) and any resulting material adverse effect on RBS of unfavourable outcomes (including where resolved by settlement); the uncertainty relating to the referendum on the UK’s membership of the European Union and the consequences arising from it; the separation and divestment of Williams & Glyn; RBS’s ability to successfully implement the various initiatives that are comprised in its restructuring plan, particularly the proposed restructuring of its CIB business and the balance sheet reduction programme; as well as the significant restructuring required to be undertaken by RBS in order to implement the UK ring fencing regime; the significant changes, complexity and costs relating to the implementation of its restructuring, the separation and divestment of Williams & Glyn and the UK ring-fencing regime; whether RBS will emerge from implementing its restructuring and the UK ring-fencing regime as a viable, competitive, customer focused and profitable bank; RBS’s ability to achieve its capital and leverage requirements or targets which will depend on RBS’s success in reducing the size of its business and future profitability; ineffective management of capital or changes to regulatory requirements relating to capital adequacy and liquidity or failure to pass mandatory stress tests; the ability to access sufficient sources of capital, liquidity and funding when required; changes in the credit ratings of RBS or the UK government; declining revenues resulting from lower customer retention and revenue generation in light of RBS’s
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FEC Announces Annual Results Strong Foundation for Future Growth

FEC Announces Annual Results Strong Foundation for Future Growth

The Group has a favorable liquidity position at approximately HK$3.8 billion. Together with the available undrawn credit facility of HK$5.4 billion, of which approximately HK$3.5 billion were for construction and/or development purposes while the remaining balance of approximately HK$1.9 billion was for the Group’s general corporate use, there is a significant war chest to support the growth of the Group. The net gearing ratio of 37.7% reflects the strength of the Group’s balance sheet. The undrawn credit facility together with the sales proceeds from the Group’s upcoming property development projects places the Group in a good financial position to fund not only its existing business and operations but also further expansion of its business. In addition, a total of 8 hotel assets with the Group were unencumbered, the capital value of which amounted to HK$3.0 billion as at 31 March 2016. These assets can be used as collateral for further bank borrowings which can provide further liquidity for the Group, should this be necessary.
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Gender-Specific Occupational Segregation, Glass Ceiling Effects, and Earnings in Managerial Positions: Results of a Fixed Effects Model

Gender-Specific Occupational Segregation, Glass Ceiling Effects, and Earnings in Managerial Positions: Results of a Fixed Effects Model

If one does not consider the promotion probability in the Oaxaca/Blinder decomposition, the “endowment part” is nearly 60 percent. 7 Therefore, 40 percent of the wage differential remains unexplained. However, after including the promotion probability in the models the explained part is 65 percent and thus increases by 5 percentage points. The promotion probability is higher for men and the coefficient shows that the promotion probability has a positive effect on men’s wages. In other words: men’s wages are underestimated because they have above-average chances of getting into high positions. This can be further illustrated if we look in greater detail at the results of the decomposition (Table 3): here, the independent variables of the wage equation have been grouped and the endowment effects of the variables have been summed up by group. As can be seen, different human capital endowments explain about half of the overall endowment effect. This is mainly due to different endowments in work experience. The second large part of the total endowment effect comes from the promotion probability; 9.43 percentage points of the wage differential can be explained with different chances of reaching the higher levels of the career ladder. Further, it can be seen that segregation explains 3.23 percentage points of the wage differential.
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Gender-Specific Occupational Segregation, Glass Ceiling Effects, and Earnings in Managerial Positions: Results of a Fixed Effects Model

Gender-Specific Occupational Segregation, Glass Ceiling Effects, and Earnings in Managerial Positions: Results of a Fixed Effects Model

If one does not consider the promotion probability in the Oaxaca/Blinder decomposition, the “endowment part” is nearly 60 percent. 7 Therefore, 40 percent of the wage differential remains unexplained. However, after including the promotion probability in the models the explained part is 65 percent and thus increases by 5 percentage points. The promotion probability is higher for men and the coefficient shows that the promotion probability has a positive effect on men’s wages. In other words: men’s wages are underestimated because they have above-average chances of getting into high positions. This can be further illustrated if we look in greater detail at the results of the decomposition (Table 3): here, the independent variables of the wage equation have been grouped and the endowment effects of the variables have been summed up by group. As can be seen, different human capital endowments explain about half of the overall endowment effect. This is mainly due to different endowments in work experience. The second large part of the total endowment effect comes from the promotion probability; 9.43 percentage points of the wage differential can be explained with different chances of reaching the higher levels of the career ladder. Further, it can be seen that segregation explains 3.23 percentage points of the wage differential.
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Gender-Specific Occupational Segregation, Glass Ceiling Effects, and Earnings in Managerial Positions: Results of a Fixed Effects Model

Gender-Specific Occupational Segregation, Glass Ceiling Effects, and Earnings in Managerial Positions: Results of a Fixed Effects Model

If one does not consider the promotion probability in the Oaxaca/Blinder decomposition, the “endowment part” is nearly 60 percent. 7 Therefore, 40 percent of the wage differential remains unexplained. However, after including the promotion probability in the models the explained part is 65 percent and thus increases by 5 percentage points. The promotion probability is higher for men and the coefficient shows that the promotion probability has a positive effect on men’s wages. In other words: men’s wages are underestimated because they have above-average chances of getting into high positions. This can be further illustrated if we look in greater detail at the results of the decomposition (Table 3): here, the independent variables of the wage equation have been grouped and the endowment effects of the variables have been summed up by group. As can be seen, different human capital endowments explain about half of the overall endowment effect. This is mainly due to different endowments in work experience. The second large part of the total endowment effect comes from the promotion probability; 9.43 percentage points of the wage differential can be explained with different chances of reaching the higher levels of the career ladder. Further, it can be seen that segregation explains 3.23 percentage points of the wage differential.
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ANNUAL FINANCIAL RESULTS

ANNUAL FINANCIAL RESULTS

During the year ended 30 June 2015 the land and building assets of the Air New Zealand Gas Turbines (ANZGT) business were assessed for impairment based on a value in use discounted cash flow valuation. ANZGT provides overhaul services to aero derivative engines that are applied to energy production and marine industries. Over recent years a down turn in the market has resulted in a decline in activity and profitability of the business. Cashflow projections were sourced from the 2016 financial year plan and extrapolated into the future using a 2% growth rate. Key assumptions include exchange rates, customer demand, market supply and terminal values. These assumptions have been based on historical data and current market information.
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ANNUAL FINANCIAL RESULTS

ANNUAL FINANCIAL RESULTS

Remuneration is important for attracting talent into the organisations, but it is not the only consideration. Attracting and retaining talent also depends on people leadership practices which build an emotional connection to the organisation including: opportunities to get involved in work that offers learning and growth; believing that they are working for an organisation that is making a meaningful contribution; feeling like their work matters and is appreciated and receiving praise and recognition from colleagues and peers. Fonterra’s annual employee survey measures how successful we are at providing these non-financial rewards to employees and action plans address the gaps.
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ANNUAL FIXED MATCHES REPORT 2015

ANNUAL FIXED MATCHES REPORT 2015

In the last year, the police of Italy (regarding the third and fourth divisions), Spain (the first division), France (the second division) and Latvia (a Europa League match between Aberdeen and Daugava) has driven different investigations forward on cases of match-fixing, yielding some interesting results. All these actions are very important and they help to stop the virus, albeit the problem is that the stop is often - as in Italy - only temporary for a few months.

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MODELING PERENNIAL GROUNDCOVER EFFECTS ON ANNUAL MAIZE GRAIN CROP GROWTH WITH

MODELING PERENNIAL GROUNDCOVER EFFECTS ON ANNUAL MAIZE GRAIN CROP GROWTH WITH

performance. Model accuracy will improve with field measurements which can be input as concrete values for cool season groundcover parameterization. More research is required to optimize the system for consistency before broad adoption and implementation at the farm level. Such research areas include maize hybrid-perennial groundcover species compatibility, maize germplasm response, N rate recommendation and specific nutrient application method, and strip tillage width in maize-perennial groundcover systems. Additionally, the results emphasize that a research priority must include effective PGC suppression to manage perennial cover growth and perennial cover biomass accumulation around the critical early season periods for maize growth.
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On the fixed effects vector decomposition

On the fixed effects vector decomposition

Empirical Example Reported results from the applied empirical literature align with these theoretical results. Table 1 presents our replication of Table 1 in Belke and Spies (2008), and shows results for pooled ols ( pols ), fe , fevd , and ht . We add a column for the results from Stage 2 of fevd and a row for the coefficient δ that arises in Stage 3 to further illustrate our theoretical results. 3 The first six variables only are shown for brevity. They include logged nominal GDP of the importing country lngdim, logged nominal GDP of the exporting country lngdpex and logged bilateral real exchange rate lrer , as time-varying variables. The time-invariant variables shown are logged great circle distance in km ldist, border length in km border, and dummy for one or both countries being landlocked ll. Results are estimated from a panel sample of N = 420 trading pairs for T = 14 years giving 5262 observations.
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ANNUAL REPORT growth

ANNUAL REPORT growth

After allocation of non-controlling interest, net profit attributable to the shareholders of Evotec amounted to € 3.3m (2009: net loss € 45.5 m). The total non-operating result of € 2.2 m income (2009: expense € 2.5 m) increased due to a number of exceptional effects in both years. The sale of the auction rate securities in June 2010 resulted in other income from financial assets of € 1.0 m which was offset by the realisa- tion of the put-option for auction rate securities (€ 0.6 m). In addition, € 0.2 m other non-operating expense from financial assets were caused by the revaluation of money-market funds. In 2009, “Other expense from financial assets” was negatively impacted by the devaluation of the put option for auction rate securities (€ 1.2 m), and other non-operating expense of € 1.0 m was recorded mainly due to a write down of a loan to European ScreeningPort GmbH. In 2010 a further loan to the European ScreeningPort in the amount of € 0.4 m had to be written down. Net interest expense in 2010 amounted to € 0.6 m (2009: income of € 0.1 m). The contingent consideration for the provision for the earn out, which is related to the DeveloGen acquisition, caused interest expense of € 0.4m due to the unwind of the discount since the acquisition date. Additionally, 2010 observed very low market interest rates. Evotec recorded a foreign exchange gain of € 2.7 m in 2010. As a result of the reduction in the capital reserve of one subsidiary, paid to Evotec AG in 2010, the Company recognised a foreign exchange gain of € 3.5 m in accordance with IAS 21. In 2009 the Company recognised a foreign exchange loss of € 1.6 m as a result of the repayment of share capital related to the investment in Evotec (UK) Ltd, which was pre- viously recorded as a component of equity and reclassified into the Company’s income statement. In addition, as explained in the ‘Risks’ section, the Company enters into foreign exchange hedging contracts to provide predictability for parts of its revenues. With the volatility of foreign exchange markets and the duration of the revenue streams that are being protected, realised and unrealised gains or losses are experi- enced during the year.
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Effects of thermotherapy and virus status on yield, annual growth and grape composition of Sultana

Effects of thermotherapy and virus status on yield, annual growth and grape composition of Sultana

Sub-analysis of yields for the 7 H5 treatments indicated that the differences and trends were generally accounted for by differences between 3 groups: untreated H5 with yellow speck[r]

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Effects of Heavy Metals on Growth and Bioaccumulation of the Annual Halophytes Atriplex Hortensis and A. Rosea.

Effects of Heavy Metals on Growth and Bioaccumulation of the Annual Halophytes Atriplex Hortensis and A. Rosea.

in France as well as in Tunisia, or elsewhere. This pollution resulting from various human polluting activities, related to industry or mining, is often diffuse in soils. Vegetation can play an important role in decontaminating these soils, their rehabilitation, and making their environment safer. For a better understanding of metal reactivity, a review of general knowledge concerning this kind of polluting metals and plant tolerance mechanisms is presented. A study was also conducted on the accumulation of the following metals: Cd, Cu, Zn, Pb and Ni, in their localisation in plant tissues and their induced toxic effects. The most general visible, but nonspecific symptom of heavy metal stress is growth inhibition, which has been investigated in many plants, including Atriplex. A cultivation of annual Atriplex plants was conducted according to hydroponic experimental design. The experimental approach consisted of hydroponic cultures using simplified medium represented by a nutritive solution. Results showed that plant final biomass, leaf area and metal accumulation, all varied with the metals level of toxicity and the plant species considered. Hence, the plants of the three annual arroach species or varieties used, all showed an intermediate level of tolerance according to the imposed treatments. M etal induces a number of physiological changes, such as growth inhibition, a significant reduction in biomass production was observed in metal treated plants compared with the control plants. The bioaccumulation factor decreased at the highest metal level, the low transfer of metal from solution to above-ground organs at higher solution metal concentrations indicates an exclusion mechanism. Trace element accumulation in shoots and the bioconcentration factors were proportional to the initial concentration of individual metals in the growth medium and the duration of exposure. Annual orach : A. hortensis seem to have a good capability for tolerance and phytostabilisation areas containing heavy metals.
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Annual Report Specialty Property and Casualty Insurance Fixed and Fixed-Indexed Annuities

Annual Report Specialty Property and Casualty Insurance Fixed and Fixed-Indexed Annuities

Success in our business can be measured in various ways; however, creation of long-term value for our shareholders is the key metric we use in evaluating our effectiveness. After all, if our focus is on value creation over time, the underlying fundamentals of our business must position us to produce profitable results year after year. Our portfolio of diversified specialty niche insurance businesses is part of a larger entrepreneurial model that rewards business leaders for disciplined decision making and pricing, while providing the resources that facilitate a nimble response to new business opportunities.
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Results of Reevaluations of Fixed Assets and Tasks of Improvement of Appraisals of and Accounting for Fixed Assets

Results of Reevaluations of Fixed Assets and Tasks of Improvement of Appraisals of and Accounting for Fixed Assets

Results of Reevaluations of Fixed Assets and Tasks of Improvement of Appraisals of and Accounting for Fixed Assets Russian statistical services have gained some experience of drawing up balances of fixed assets at their full and/or residual values, as well as in constant prices and in their average annual prices for appropriate years. Russian statistical services use continuous monitoring to generate data concerning the fixed assets of large and medium-sized businesses and agencies that is required for drawing up these balances. In 1999 data on small businesses may be generated through selective inspections. Data concerning the age structure of fixed assets that is not found in reporting documents is received through the use of mathematical/statistical methods based on perpetual inventory methods. Mathematical/statistical methods are also used to appraise what influence current and projected volumes of investments in capital assets make on the age parameters of equipment.
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9 TH ANNUAL GROWTH STRATEGIES SURVEY RESULTS MARCH 2015

9 TH ANNUAL GROWTH STRATEGIES SURVEY RESULTS MARCH 2015

Overall, respondents cited staff development/training (#1 priority), process improvements to how you deliver or make your product or service (#2 priority), good business development sk[r]

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Results on common fixed points

Results on common fixed points

In this note, we prove common fixed point theorems for Cf ∩ Cg and Cgf in bounded complete metric spaces and compact metric spaces.. Common fixed point theorems.[r]

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2020 Annual Results

2020 Annual Results

Ride on the macro trend characterised by the deep assimilation of next- generation technologies into the economy, society and people’s livelihood and proactively tap into the ten-trillion scale of blue-ocean information services market; develop the second curve of growth and strive to play a key role in innovation and occupy a leading position in the information service market; drive the leapfrog growth in revenue and connections

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