smooth transition regression (STR) model
Estimating Money Demand Function by a Smooth Transition Regression Model: An Evidence for Turkey
... Uncertainty; Smooth Transition Regression; ...a Smooth Transition Regression Model: An Evidence for Turkey ” that is supported by Gazi University Research Programme, ...
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RUHR. Exports and Capacity Constraints A Smooth Transition Regression Model for Six Euro Area Countries ECONOMIC PAPERS #449
... econometric model for six euro area countries suggests domestic demand pressure and capacity constraint restrictions as additional variables of a properly specifi ed export ...non-linear smooth ...
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Exports and Capacity Constraints: A smooth transition regression model for six euro-area countries. CEPS Working Document No. 395/May 2014
... econometric model for six euro-area countries suggests domestic demand pressure and capacity-constraint restrictions as additional variables of a properly specified export ...non-linear smooth ...
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Top Management Team Heterogeneity, Shareholding Proportion of the Largest Shareholder and Innovation Performance: A Study Based on a Panel Smooth Transition Regression Model
... panel smooth transition regression model (PSTR) to investi- gate the nonlinear relationship between top management team (TMT) hete- rogeneity and corporate innovation performance in listed ...
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The Non Linear Relationship between Electricity Consumption and Temperature in Taiwan: An Application for STR (Smooth Transition Regression) Model
... 1 Department of Applied Economics, National Chung Hsing University, Taiwan 2 Institute of Economics, Academic Sinica, Taiwan Abstract This study builds non-linear econometric models to analyze the effects of temperature ...
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Analysing the forward premium anomaly using a Logistic Smooth Transition Regression model.
... The remainder of the paper is organized as follows. In the first section, an introduction to the theoretical model from which the nonlinear regression is presented. In the second section, the estimation ...
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International R&D spillovers, absorptive capacity and relative backwardness: a panel smooth transition regression model
... average years of secondary schooling above or below some critical values. Albeit informative, these studies do not allow to conclude much about the precise impact of absorptive capacity on how international spillovers ...
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Evidence from Business Strategy of Mutual Fund Managers after the Financial Crisis - Panel Smooth Transition Regression Model
... panel transition regression (PSTR) model to investigate the nonlinear dynamic relationship between equity fund flow and investment volatility in ...
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Panel Smooth Transition Regression Models
... panel smooth transition regression (PSTR) model, which has essentially the same features as the PTR model but allows the regression coefficients to change gradually when moving ...
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Smooth Transition Regression Models in UK Stock Returns
... the transition between the ...of model inadequacy. A comparison between the two versions of the model shows that the LSTR can account for the leptokurtosis more adequately than the ESTR and is ...
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Three-structured smooth transition regression models based on CART algorithm
... . Regression-trees, CART, smooth transitions, nonlinear models, regression, modelling cycle, pre- ...nonparametric regression and recursive partitioning methods are frequently used to ...
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The fractional integrated bi- parameter smooth transition autoregressive model
... so-called Smooth Transition Regression model (ST R model) and the popular Markov-Switching model proposed by Hamilton ...
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Municipal infrastructure spending capacity in South Africa: a panel smooth transition regression (PSTR) approach
... 4.1 Model Specification: Panel Smooth Transition Regression model The above studies are important in highlighting various factors affecting subnational government’s capacity to spend; ...
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Nonlinear impact of inflation on economic growth in South Africa: A smooth transition regression (STR) analysis
... investigating this phenomenon for South Africa have been characterized by two shortcomings. Firstly, some studies have conducted the estimations of inflation thresholds for South Africa using panel data techniques which ...
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Threshold effects of inflation on growth in the ASEAN-5 countries: A Panel Smooth Transition Regression approach
... a smooth transition regression model for panel data (PSTR) and GMM-IV ...the model with one threshold or two regimes adequately captures this ...
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Investigating the Asymmetric Effects of Banking Sector Development and Stock Market Development on Economic Growth in Iran Using Smooth Transition Regression (STR) Model
... purpose, Smooth Transition Regression (STR) model used based on seasonal time series data during ...a regression and when economic growth is lower than 6% will have another ...
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Examining asymmetric effects in the South African Philips curve: Evidence from logistic smooth transition regression (LSTR) models
... the regression of the estimated residuals from the STR model on lagged residuals and the partial derivatives of the log-likelihood function with respect to the model ...
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Linearity and misspecification tests for vector smooth transition regression models
... the model does not lead to a single potential transition variable, linearity may be tested using a set of candidate ...the transition variable that leads to the strongest rejection, measured by the ...
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Financial Constraints, Debt Overhang And Corporate Investment: A Panel Smooth Transition Regression Approach
... where for a firm i in a country j, I is the total investment in property, plant and equipment in year t divided by total assets at the beginning of year t. The main explanatory variables are as follows. Cash ...
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Consistent and Non-Degenerate Model Specification Tests Against Smooth Transition Alternatives
... Because we assume strict stationarity our test cannot explicitly direct power toward time-based transition mechanisms, including transitions based on a sin- gle break-point. See, e.g., Lundbergh, Teräsvirta, and ...
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