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Clark, A. (2003): Unemployment as a social norm: psychological evidence from paneldata. Journal of Labor
Authors:Ivan Vujačić, Jelica Petrović-Vujačić, Svetozar Tanasković, and Marko Miljković
education will directly lead to enhanced productivity and increased competitiveness. Another article tested this paneldata analysis and came to the conclusion that a rise in the HDI led to increased competitiveness ( Talmaciu – Cismas 2016 ). 4.1 Choice of
affected profitability negatively. There was a relatively strong positive relationship between market share and profitability. Based on the paneldata estimation techniques, the Greek economists Asimakopoulos et al. (2009) identified the significance of
methodologically the most similar to this study as they also use the Heckman sample selection model using paneldata. 4 Data 4.1 Sample This study uses data from the Korea Longitude Study of Ageing (KLOSA). The data was collected by the Korea Employment Information
Authors:Ayşegül Karataş, Halil Şimdi, and Büşra Garip
-term effects in the future; therefore, the results presented by the panel OLS models are biased and inconsistent for the dynamic paneldata. The core equation specification takes the following form: (2) Misinv it = α + β i Misinv i , t − 1 + γ i X it + δ i + η