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9 Jul 2023: 1392. Cressy, R. (1996), Are Business Startups Debt-Rationed?, The. Economic Journal, vol. ... 106, pp. 1253 – 1270. 21. Cressy, R. (1995), Commitment Lending Under Asymmetric Information: Theory and Tests on UK Startup Data, Small Business Economics,

8 Dec 2023:  Professor of Economics, Griffith Business School, Griffith University. Views expressed in this article are those of the author. ... Rather than permanently stranding assets that fail a used and useful test, we reorganise the financial and economic

7 Dec 2023: The Economic Costs of Unsupplied Electricity: Evidence from Backup Generation among African Firms. ... differences, and other organisational factors play important roles as economic drivers in explaining.

5 Dec 2023: Cambridge Working Papers in Economics CWPE 0422. Regulatory Issues in. Merchant Transmission Investment. ... CMI Working Paper 38. UNIVERSITY OFCAMBRIDGEDepartment ofApplied Economics. Cambridge Working Papers in Economics.

5 Dec 2023: production function is preferred over the HNTC specification. This hypothesis involves a test. ... islands. Similarly, tests of differences in means and in variances between interconnected and.

9 Jul 2023: These were identified as those respondents who had worked for more than one employer in the six months prior to the questionnaire, and who ‘passed’ the tests of ‘economic reality’ for ... But, of this 92%, many would be affected by uncertainty as

11 Dec 2023: marginal emission rates external to California provides the greatest gain in economic efficiency. ... economic efficiency; and, finally, (4) unilateral carbon pricing and various BCA schemes can.

6 Dec 2023: EPRG Working Paper 1001 Cambridge Working Paper in Economics 1005. Anupama Sen and Tooraj Jamasb. ... This study undertakes the investigation of these economic outcomes for the case of Indian states.

9 Jul 2023: Jadavpur University, Kolkata prabirjit@gmail.com. Ajit Singh Emeritus Professor of Economics, University of Cambridge. ... 14. In our causality tests, we incorporate the level of economic activity in a country, which is represented by real GDP per capita

11 Dec 2023: 2017a). Majority of these studies have used. the bivariate and systems-based cointegration tests and Granger causality tests to test for long. ... The. Jarque-Bera (J-B) tests statistically reject the null hypothesis of normal distribution of the.

9 Jul 2023: Thus the relationship between legal institutions and economic growth is one of incremental coevolution. ... that is, adjusting over time to changes in their economic or political context.

6 Dec 2023: Electric Power Distribution. EPRG Working Paper 0819 Cambridge Working Paper in Economics 0835. ... These conflicting tendencies of vertical integration have been subject to empirical test in.

9 Jul 2023: While the actual content can explain the ‘efficiency effect’ of law on economic activity (e.g. ... Lagged WB. Notes: WB: World Bank; WEF: World Economic Forum; FT: The Financial Times.

9 Jul 2023: 1999). In our definition, ownership concentration constitutes an economic outcome variable not a corporate practice. ... Dependent Economic Outcome Variables: Ownership concentration & market capitalization To test macro-micro means–ends decoupling

9 Jul 2023: JEL Codes: K0 Law and Economics (general), L5 Regulation and Industrial Policy, O1 Economic Development Keywords: law, regulation, corporate governance, theory Acknowledgements Gerhard Schnyder gratefully acknowledges funding from the Economic and

9 Jul 2023: Tel: 01509 228809. Department of Economics and Quantitative Methods, Westminster University, London W1B 2UW, UK. ... In economic work, however, much less attention has been given to the concept of.

9 Jul 2023: LOF. Robustness Tests A number of tests were conducted to validate the findings reported in Tables 2. ... To test for a possible impact of such perceptions on the results, I split the sample into two sub samples, based on the level of economic

11 Dec 2023: by socio-economic inequalities and political motivations.6 Second, electrification is only a. ... disadvantaged areas does not entail reduction in socio-economic inequalities if the welfare.

9 Jul 2023: These too raise important general issues of economic interpretation for PP studies which are outlined. ... However, as we know from the convergence literature on economic growth (see Lee et.

11 Dec 2023: 123-144. Greer, M. (2008), A test of vertical economies for non-vertically integrated firms: The case of rural electric cooperatives, Energy Economics, 30, pp. ... Electric Power Distribution, Journal of Regulatory Economics, 38, pp. 86-109. Meyer, R.

6 Dec 2023: The paper first shows that the antitrust dilemma with LTC in energy is far from entirely solved by economic theory. ... For instance, the first step is a screening test using market share thresholds and black-listed contract clauses which help the

5 Dec 2023: equipment increase with fuel price increases but that economic growth has scant impact. ... Dowlatabadi (2002) reason that adopting CHP is a response to reap economic savings.

9 Jul 2023: Sanjeev Goyal’s Connections: An Introduction to the Economics of Networks. Exogenous Shocks to the Economic & Financial System. ... 3. Taxonomy. of Threats. Cyber Catastrophe. Stress Test Scenario. Pandemic. Stress Test Scenario.

9 Jul 2023: asset-allocation strategy for spread holders. 2.1 Cointegration tests. To test the cointegration of two asset prices, we first need to test whether each. ... Unit root and cointegration tests. First, we conduct the ADF test on the heating oil and crude

9 Jul 2023: The latter indicate that the Cook-Weisberg test for heteroscedasticity rejects the homogeneous variance hypothesis for this data. ... Similarly, the RESET test indicates specification error in the fitted linear regression equation.

9 Jul 2023: One of the most widely cited cases for the control test, Yewens v. ... and gave way to the more recognizably modern tests of ‘integration’ and ‘business reality’.

9 Jul 2023: Network theorists have suggested three key potential economic benefits that accrue to firms from taking part in network relations. ... Network interaction thus promotes economic performance through interfirm resource pooling, cooperation, and

11 Dec 2023: development in the Americas and conclude that spatial economic development is affected by. ... While the relationship between quality of institutions and overall economic growth or firms’.

8 Dec 2023: with structural economic shift. They conclude that Latin American countries experience decline in. ... in July 2008 just before the onset of the Global Economic Crisis 7.

9 Jul 2023: Applications of Corporate Risk Profiling Andrew SkeltonPlease Mind the (Protection) Gap: Role of Insurance in Economic Recovery Arjun MahalingamMulti-Threat Risk Analysis and Insurance Jennifer CopicGEAC: Multi-Line Insurance Exposure Data

7 Dec 2023: extent of market power, to test whether the reforms have been successful in. ... To test that this. is not just because the deviating firm is offering a less competitive alternative, the.

9 Jul 2023: All such studies should benefit from having available a long historical context within which to test hypotheses. ... Notes: ‘ver’: (abbreviation of ‘version’) refers to the UK Economic Accounts publication date.

9 Jul 2023: we report the results of tests investigating links between legal origin and levels. ... port market-based economic activities. From the perspective of new institu-. tional economics, legal rules support market exchange by specifying property.

11 Dec 2023: Economic curtailment ($1.0/MWh) requires no policy attention whatsoever. 200MW Solar PV valuation impacts. ... Economic losses incurred by the generation fleet total $591m. Note however that CO2 emissions are not priced in NEM regulatory tests.

6 Dec 2023: undesirable outputs, and also to test the validity of different models constructed in the paper. ... Additionally, following Pollitt (1995), this paper also tests the impact of variable vintage squared.

9 Jul 2023: The aggregate impact of these factors is then fed into a macro-economic model to obtain a forecast for GDP. ... The Gravity Model Approach Leaving the EU will have an economic impact in several ways.

10 Jul 2023: In our next set of tests, we focus on the economic channel behind our results. ... is higher in high crime districts. These tests show that digital payments boost economic.

8 Dec 2023: www.eprg.group.cam.ac.uk. Economic zones for future complex power systemsEPRG Working Paper 1625 Cambridge Working Paper in Economics 1658. ... ABSTRACT. This paper examines the economics of the electricity market out to 2050.

8 Dec 2023: The Simple Economics of Asymmetric Cost Pass-Through. EPRG Working Paper 1511 Cambridge Working Paper in Economics. ... firms. In the academic literature, it is often asserted that asymmetric price transmission cannot be explained by standard economic

9 Jul 2023: Susan Scott Information Systems & Innovation Group, Department of Management, London School of Economics,. ... based upon the development of statistical methods for testing economic theories and estimating.

9 Jul 2023: These changes have been informed by theories of governance which have cast doubt on the effectiveness and legitimacy of public interventions in managing social and economic risks. ... by the market principle of willingness to pay – and hence, the

6 Dec 2023: get a thousand and one commodities necessary for the preservation of the economic. ... investigate whether ownership matters in economic terms, i.e. whether over the past.

7 Dec 2023: These regulations typically have an annual economic impact of at least $100 million.2. ... This change in ranking suggests that the SCC had had some effect on the economic analysis.

6 Dec 2023: EPRG Working Paper 1103 Cambridge Working Paper in Economics 1114. Scott Kelly and Michael Pollitt In this chapter, we postulate that some of the best opportunities for reducing energy demand and ... It is shown through a simple statistical t-test that

9 Jul 2023: Financial crises impose burden of 1 percentage point on economic growth per year. ... Modelling Historical Financial Crises. What is a scenario stress test? Seven Critical Characteristics of Stress Tests.

9 Jul 2023: Understood in this way, the juridical record is a trace of shifts in the wider social and economic environment. ... and the economic power to use the market to discharge the worker without regard to customary understandings of hiring practice.

6 Dec 2023: However Figure 1 indicates that sub-economic pricing and tariff recovery rates exist in several countries. ... If Slovenia has economic prices, clearly Macedonia (FYROM), Montenegro, Albania and Bosnia-Herzegovina are a long way short of this.

9 Jul 2023: bank interest rates in defaulting countries within the Oxford Economics’ Global Economic Model (GEM). ... In this period of general economic recovery there are concerns that current stress tests are too predictable, too poorly applied.

12 Dec 2023: EPRG Working Paper 2218. Cambridge Working Paper in Economics CWPE2304. Zeynep Clulow and David M Reiner. ... We add further nuance by employing RCM with interaction terms and conduct second-order analysis of Bayesian country-specific democracy effects

9 Jul 2023: Economic Capital quantification for market risk. Economic Capital reflects counter -cyclical long-term. ... institutions (FI) for internal capital adequacy purposes (to reflect economic, not regulatory cost of.