排序方式: 共有31条查询结果,搜索用时 31 毫秒
1.
This study provides further empirical investigation, in the context of giant Japanese banks, of the recent claim by Pulley and Braunstein (1992, A composite cost function for multiproduct firms with an application to economies of scope in banking, Review of Economics and Statistics 74, 221–230), that their new composite model for the multiproduct cost function has important advantages over the separable quadratic, generalized translog and standard translog models. In addition to assessing the composite model's relative ability in measuring global scope and scale economies, the study also extends the P-B analysis to assess measurement of product-specific scope and scale economies, pairwise cost complementarities between outputs, changes in the marginal costs of outputs and technological change. The results appear to confirm P-B's chain. The persistent finding of scale economies for large Japanese banks is also investigated and confirmed. 相似文献
2.
This study proposes a Nested Logit model to investigate household travel behaviour in respect to vehicle ownership, mode choice and trip sharing decisions. The model is analysed using revealed preference (RP) and stated preference (SP) data since a combined estimation of RP/SP data is an effective method of expressing complex travel behaviour and forecasting travel demand for new transport services. In the proposed model, the nesting structure has two levels. The upper level shows car ownership, motorcycle ownership, and no vehicle-ownership choices, and the lower level shows the mode choice combinations for two-traveller households. Trip sharing is considered as one of the mode-choice options in the model. The proposed model is analysed using data from the Bangkok Metropolitan Region. The analysis conducted informs that Central Business District (CBD) travel, long distance travel, household income, job status, age of travellers and presence of school children in households are key aspects in household travel decisions. Based on these aspects, households make important decisions on vehicle ownership, mode choice and trip sharing. In addition, this study reveals commuters’ hidden preferences for modes that are not in existence, in particular the Mass Rapid Transit System in the Bangkok Metropolitan Region due to be fully implemented in 2010. 相似文献
3.
There is a controversy in the USA and several European countries on whether or not an increase in imports in manufacturing goods from low-wage developing countries has major effects on employment and wages in industrialized countries. This paper examines the issue for Japanese imports, paying a particular attention to the effect of manufacturing imports from Asian countries on employment and wages in Japan. It is found that the effect has not been large to date, but that there could be negative effects on employment and, in particular, wages if imports from China and India were to increase substantially. 相似文献
4.
M. Ben-Akiva M. Bradley T. Morikawa J. Benjamin T. Novak H. Oppewal V. Rao 《Marketing Letters》1994,5(4):335-349
Our objective is to develop a unifying framework for the incorporation of different types of survey data in individual choice models. We describe statistical methodologies that combine multiple sources of data in the estimation of individual choice models and summarize the current state of the art of data combination methods that have been used with market research data. The most successful applications so far have combined revealed and stated preference data. We discuss different types of market and survey data and provide examples of research contexts in which one might wish to combine them. Although these methods show a great deal of promise and have already been used successfully in a number of applications, several important research issues remain. A discussion of these issues and directions for further research conclude the paper. 相似文献
5.
Modeling Methods for Discrete Choice Analysis 总被引:2,自引:3,他引:2
Ben-Akiva Moshe Mcfadden Daniel Abe Makoto Böckenholt Ulf Bolduc Denis Gopinath Dinesh Morikawa Takayuki Ramaswamy Venkatram Rao Vithala Revelt David Steinberg Dan 《Marketing Letters》1997,8(3):273-286
This paper introduces new forms, sampling and estimation approaches fordiscrete choice models. The new models include behavioral specifications oflatent class choice models, multinomial probit, hybrid logit, andnon-parametric methods. Recent contributions also include new specializedchoice based sample designs that permit greater efficiency in datacollection. Finally, the paper describes recent developments in the use ofsimulation methods for model estimation. These developments are designed toallow the applications of discrete choice models to a wider variety ofdiscrete choice problems. 相似文献
6.
Kazushi TAKAHASHI Takayuki HIGASHIKATA Kazunari TSUKADA 《The Developing economies》2010,48(1):128-155
Indonesian microfinance is primarily operated by for-profit commercial banks, characterized by large-scale loans that require collateral. In 2003, the largest nongovernmental organization in the country introduced much smaller-scale loans without a collateral requirement. This scheme is commercialized but potentially more suited to the credit demands of the poor. Applying propensity score matching with the difference-in-difference method, this paper examines whether the emerging microcredit scheme has been successful in targeting and improving the welfare of the poor in the one year following loan disbursement. The results show that although collateral ownership is not an important determinant of participation, relatively wealthier families gain access to microcredit. The impact of microcredit on various household outcomes is generally statistically insignificant, except for sales of nonfarm enterprises for the nonpoor and schooling expenditures for the poor. This implies that the microcredit scheme under study might not have an immediate impact on poverty alleviation. 相似文献
7.
Masayuki Morikawa 《The Journal of consumer affairs》2019,53(3):1297-1311
Uncertainty over the social security and tax system is often pointed out as a source of stagnant household consumption at the aggregate level. This study presents empirical evidence on this issue by using original survey data of Japanese individuals. The results indicate that individuals are highly uncertain over the future course of social security and tax policies. The policy uncertainty is associated with an orientation toward saving, and the relationship is stronger for low‐income individuals. These results suggest that improving long‐term predictability in the social security and tax system may contribute to weakening households' saving orientation. 相似文献
8.
Masayuki Morikawa 《Pacific Economic Review》2016,21(5):527-540
This paper reports data from the author's original survey of Japanese companies concerning the distributions on subjective uncertainties over economic policies and their effects on business operations. Companies perceive uncertainty over the future course of certain economic policies, such as the social security system and international trade policy. Policy uncertainty regarding the tax system, trade policy and environmental policy can have substantial effects on managerial decisions, especially on equipment investment and overseas activities. According to the companies’ subjective probability distributions on their sales outlook, manufacturers face greater uncertainty than non‐manufacturing companies do. Uncertainty over economic policies substantially reduces the expected sales growth rate. 相似文献
9.
This paper analyses the operations of the Japanese multinational corporations in the world economy by constructing and estimating a Japanese foreign direct investment system. This system models the determinants of manufacturing foreign direct investment (FDI), the trade between Japan and her overseas affiliates as well as the sales of the manufacturing subsidiaries and those of the trading subsidiaries. The error-correction modelling techniques are adopted for estimation in order to capture both the short- and long-run adjustment processes. Finally, simulations are conducted on the model to analyse the effects of changes in the world economy. 相似文献
10.
Masayuki Morikawa 《Labour economics》2010,17(6):1030-1037
This paper empirically analyzes the relationship between labor union and firm performance in areas such as productivity and profitability by using data on more than 4000 Japanese firms, ranging from listed large firms to unlisted SMEs, in both the manufacturing and non-manufacturing sector. The presence of labor unions has statistically and economically significant positive effects on firm productivity. Unions' effects on wages are also positive, their magnitude being slightly larger than those on productivity. The decrease in the number of employees is greater at unionized firms than at non-unionized firms. The difference in employment growth is mainly attributable to the change in the number of part-time workers. In order to enhance productivity, close cooperation between management and unions is essential. 相似文献