Steve Miller wrote anarticlea couple weeks ago on using Bayesian statistics for risk management. He describes his friend receiving a positive test on a serious medical condition and being worried. He then goes on to show why his friend needn’t be worried, because statistically there was a low...
Fig. 2. Japan’s OFDI stock by host region for the period 1996–2018.Own elaboration. Data obtained from Japan External Trade Organization statistics (https://www.jetro.go.jp/en/reports/statistics/). In East Asian countries, according toThorbecke and Salike (2013), the appreciation of the ...
(0.09) Year dummies Yes Yes Yes Yes Region dummies Yes Yes No No Regions 277 277 277 277 Time series (T) 33 23 33 23 The table addresses two main test statistics with related p values (in parentheses) to check validity of the instruments and efficiency of the estimates in the dynamic ...
Table A3. Posterior estimates of top 3 models for renewable consumption determinants in 2015. Table A4. Posterior estimates of top 3 models for renewable consumption determinants in 2018. Figure A1. Energy consumption coefficient of variation 1995–2018. References Statistics Review World Energy....