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ECONOMETRIC MODEL (2) answer(s).
 
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ID:   150383


Impact of daylight saving time on the Chilean residential consumption / Verdejo, Humberto; Becker, Cristhian ; Echiburu, Diego ; Escudero, William   Journal Article
Verdejo, Humberto Journal Article
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Summary/Abstract Since 1970 Chile has had a Daylight Saving Time (DST) policy in order to reduce residential electricity consumption in the country. The time change was set for the first time by executive decree in 1970, and since that date it was applied every year without great changes until 2010. Since then, and to date, decrees have been set in order to increase the duration of the DST, arguing that there are reasons associated with energy savings that justify the extension of the measure that has been adopted by the authority in recent years. In the present study the impact of the application of DST in terms of decreased household electricity consumption is analyzed using two complementary methods, one based on a heuristic approach and the other using an econometric model. The results indicate that there is indeed a marginally small reduction in residential electricity consumption, although these results are not homogeneous throughout the country.
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2
ID:   130975


Neighborhood effects and regional poverty traps in rural China / Fang, Yingfeng; Zou, Wei   Journal Article
Zou, Wei Journal Article
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Publication 2014.
Summary/Abstract The present paper investigates how neighborhood effects are connected to chronic poverty. We examine a large sample of groups of households and find that neighborhood effects are significant in a majority of groups, especially in the poorest groups. People living in poor communities tend to suffer from poverty over time. It is of theoretical and empirical importance to explore how neighborhood effects are interrelated with chronic poverty and the channels through which this occurs. Unlike other econometric analyses, we establish a multilevel econometric model to show that: (i) it is difficult for an individual living in a neighborhood with a high proportion of agricultural labor, low education levels, and poor transport and telecommunication infrastructure to escape from poverty traps; (ii) neighborhood effects dominate in poor communities; and (iii) although poverty is affected by group-level factors, individual factors still play a dominant role in regards to escaping poverty when income surpasses a threshold level. Therefore, policy priority should be given to providing social protection and public services, especially in poor rural areas
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