Анализ панельных данных и данных о длительности состояний
This paper examines the impact on financial development of financial globalization in Latin America. An empirical test is elaborated with new indicators of financial globalization and financial development, closer to theoretical and conceptual framework. A dynamic panel data model is employed; the principal results suggest, in general, that financial globalization has no positive and significant relationship with the process of growth and development of the financial system in Latin America, although, exerts corporate governance and encourages diversification of risk.
In this work the demand for the incoming tourism in the Russian Federation is modeling. The panel data for 16 countries - the basic sources of tourist streams - and the period with 2000 for 2009 are used. Modeling is spent separately for each of 10 tourist zones of Russia. In quality a determinant of demand there are considered a total national product in a country of origin, the exchange rate, transport charges, cost of residing, lag of the demand variable and the fictitious variables reflecting influence of shocks in quality a determinants of demand. The received estimations of dynamic models of demand correspond to expectations, are statistically significant and can be useful in practice of planning of development of entrance tourism in various municipal formations and regions of Russia.
Smoking is a problem, bringing signifi cant social and economic costs to Russiansociety. However, ratifi cation of the World health organization Framework conventionon tobacco control makes it possible to improve Russian legislation accordingto the international standards. So, I describe some measures that should be taken bythe Russian authorities in the nearest future, and I examine their effi ciency. By studyingthe international evidence I analyze the impact of the smoke-free areas, advertisementand sponsorship bans, tax increases, etc. on the prevalence of smoking, cigaretteconsumption and some other indicators. I also investigate the obstacles confrontingthe Russian authorities when they introduce new policy measures and the public attitudetowards these measures. I conclude that there is a number of easy-to-implementanti-smoking activities that need no fi nancial resources but only a political will.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.