Melkamu Tadesse Wazza

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Questions related from Melkamu Tadesse Wazza

Dynamic panel data analysis (GMM estimation) with small T: Could T=4 work?

How short is the short period of ‘T’ required in using the Dynamic Panel (GMM) Model? Could T=4 work? My panel dataset is such that N (cross-sectional unit) is more than 300 and T (years) is only...

05 July 2022 1,952 3 View

PCA analysis: covariance-based PCA or correlation-based PCA?

It is well indicated that covariance-based PCA is used when variables are on the same scale (units) and correlation-based PCA when their scales are different. If these are options to undergo PCA,...

24 April 2022 2,374 3 View

Is Econometrics a universal solvent? (Argue for or against)

Economics has treated econometrics as a universal solvent, a technique that can be applied to any economic question, which is sufficient and, therefore, makes other applied techniques redundant....

01 January 1970 4,297 16 View

Rural development (agricultural productivity): Agricultural primacy, City primacy or a third alternative way?

The dogma of agricultural primacy says: agriculture first, cities later. Jane Jacobs in his famous book The Economy of Cities (1969) is a strong proponent of city-primacy: Cities First—Rural...

01 January 1970 791 6 View

Rural Industrialization Framework (RIF): Can it work for other developing countries?

In our recent review article, we have conducted a thematic synthesis of China’s rural industrialization through the Township and Village Enterprises (TVEs) and generated context-specific lessons...

01 January 1970 9,565 3 View

Entrepreneurship: How to tie entrepreneurship education with entrepreneurial culture in a society where entrepreneurial culture is not yet exploited?

A quest for real-world examples (Best Practices) from developing countries. Some research findings show that there is a significant relationship observed between entrepreneurship education and...

01 January 1970 5,466 17 View

Growth Foci Model: Is there a country (region, locality) that successfully implemented it?

In his attempt to modify the limitation of the Perroux growth model, R.P. Mishra developed a hybrid theory (model) combining the concept of Christaller’s CPT, Friedman's concept of Core-Periphery,...

01 January 1970 6,038 1 View