1,285 research outputs found

    Maximum Likelihood Fuzzy Range for Errors in Variables Model

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    Estimation of Reduced Forms of Rational Expectation Models and Volcker Deflation

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    Don\u27t Rock the Boat: Regulatory Economics Under Multiple Objectives

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    The role of data & program code archives in the future of economic research

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    This essay examines the role of data and program-code archives in making economic research "replicable." Replication of published results is recognized as an essential part of the scientific method. Yet, historically, both the "demand for" and "supply of" replicable results in economics has been minimal. "Respect for the scientific method" is not sufficient to motivate either economists or editors of professional journals to ensure the replicability of published results. We enumerate the costs and benefits of mandatory data and code archives, and argue that the benefits far exceed the costs. Progress has been made since the gloomy assessment of Dewald, Thursby and Anderson some twenty years ago in the American Economic Review, but much remains to be done before empirical economics ceases to be a "dismal science" when judged by the replicability of its published results.Econometrics ; Research

    Flexible Production Function Estimation by Nonparametric Kernel Estimators

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    Efficiency Ranking of IT Service-Producing Firms: Case of Indian Multinationals

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    Production functions often study the output of physical products with capital and labor inputs. Instead, we use 2004 to 2016 data for 55 In- dian multinational companies to assess the production of services. Our estimates of flexible production functions yield estimates of scale elasticity (SCE) and elasticity of substitution (EOS) for pooled data. A subset of 31 companies with relatively complete data yields their individual SCE and EOS values, revealing their heterogeneity. Sorting the 31 companies by their SCE help name scale-efficient (high SCE) and scale inefficient (low SCE) multinationals. Similarly, a listing of 31 companies sorted by EOS allows us to name companies that are (and are not) robust to input price shocks. Using stock market data on these publicly traded companies, we report the values of three stock market criteria for top ranking companies by SCE. We also study empirical causal paths from the market criteria to EOS and SCE, suggesting that SCE and EOS do drive stock market indicators implying efficient markets. Our pooled and detailed results are relevant for government policy toward the IT sector and corporate governance issues

    Facile method for trimethylsilylation of alcohols using hexamethyldisilazane and ammonium thiocyanate under neutral conditions

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    A highly efficient method for trimethylsilylation of primary, secondary, tertiary, allylic, and a variety of sugar-derived alcohols using hexamethyldisilazane in the presence of a catalytic amount of ammonium thiocyanate under neutral conditions is reported

    Attenuation of Mycobacterium tuberculosis by disruption of a mas-like gene or a chalcone synthase-like gene, which causes deficiency in dimycocerosyl phthiocerol synthesis

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    Tuberculosis is one of the leading preventable causes of death. Emergence of drug-resistant tuberculosis makes the discovery of new targets for antimyrobacterial drugs critical. The unique mycobacterial cell wall lipids are known to play an important role in pathogenesis, and therefore the genes responsible for their biosynthesis offer potential new targets. To assess the possible role of some of the genes potentially involved in cell wall lipid synthesis, we disrupted a mas-like gene, msl7, and a chalcone synthase-like gene, pks10, with phage-mediated delivery of the disruption construct, in which the target gene was disrupted by replacement of an internal segment with the hygromycin resistance gene (hyg). Gene disruption by allelic exchange in the case of each disruptant was confirmed by PCR and Southern blot analyses. Neither msl7 nor pks10 mutants could produce dimycocerosyl phthiocerol, although both could produce mycocerosic acids. Thus, it is concluded that these gene products are involved in the biosynthesis of phthiocerol. Both mutants were found to be attenuated in a murine model, supporting the hypothesis that dimycocerosyl phthiocerol is a virulence factor and thus the many steps involved in its biosynthesis offer potential novel targets for antimycobacterial therapy

    Parametrization of dark energy equation of state Revisited

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    A comparative study of various parametrizations of the dark energy equation of state is made. Astrophysical constraints from LSS, CMB and BBN are laid down to test the physical viability and cosmological compatibility of these parametrizations. A critical evaluation of the 4-index parametrizations reveals that Hannestad-M\"{o}rtsell as well as Lee parametrizations are simple and transparent in probing the evolution of the dark energy during the expansion history of the universe and they satisfy the LSS, CMB and BBN constraints on the dark energy density parameter for the best fit values.Comment: 11 page
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