3 resultados para Random effect model
em Corvinus Research Archive - The institutional repository for the Corvinus University of Budapest
Resumo:
The aim of the paper is to investigate the impact of recycling on the use of non-renewable resources in the economy. The paper tries to generalize the classical dynamic input–output model. In this regard we extend the standard Leontief model with the balance equation of recycled products, and we establish some properties of this augmented model. We investigate how recycling extends the availability of non-renewable natural resources for the next generations in an inter-industry framework. Supposing a balanced growth both for production and consumption, we examine the existence of the balanced growth path of this model and compare the results to the classical Leontief model. We try to answer the question whether recycling/reuse increases the growth possibility of an economy. Finally, we illustrate our results with a simple numerical example. Thus, we analyze a possible sustainable development of the economy on the basis of the product recovery management of industries.
Resumo:
Climate change affects on insect populations in many ways: it can cause a shift in geographical spread, abundance, or diversity, it can change the location, the timing and the magnitude of outbreaks of pests and it can define the phenological or even the genetic properties of the species. Long-time investigations of special insect populations, simulation models and scenario studies give us very important information about the response of the insects far away and near to our century. Getting to know the potential responses of insect populations to climate change makes us possible to evaluate the adaptation of pest management alternatives as well as to formulate our future management policy. In this paper we apply two simple models, in order to introduce a complex case study for a Sycamore lace bug population. We test how the model works in case the whether conditions are very different from those in our days. Thus, besides we can understand the processes that happen in present, we can analyze the effects of a possible climate change, as well.
Resumo:
Wine is a very special product from an economic, cultural, and sociological point of view. Wine culture and wine trade play an important role in Hungary. The effect of cultural and geographical proximity on international trade has already been proven in the international trade literature. The size of bilateral trade flows between any two countries can be approximated by the gravity theory of trade. The gravity model provides empirical evidence of the relationship between the size of the economies, the distances between them, and their trade. This paper seeks to analyse the effect of cultural and geographical proximity on Hungary’s bilateral wine trade between 2000 and 2012, employing the gravity equation. The analysis is based on data from the World Bank WITS, WDI, as well as CEPII, and WTO databases. I apply OLS, Random Effects, Poisson, Pseudo-Poisson-Maximum-Likelihood and Heckman two stage estimators to calculate the gravity regression. The results show that in the case of Hungary, cultural similarity and trade liberalisation have a positive impact, while geographical distance, landlockedness, and contiguity have a negative impact on Hungarian wine exports.