Logo image
Modelling thresholds and volatility in US ecological patents
Journal article   Peer reviewed

Modelling thresholds and volatility in US ecological patents

F. Chan, D. Marinova and M. McAleer
Environmental Modelling & Software, Vol.20(11), pp.1369-1378
2005
url
Link to Published Version *Subscription may be requiredView

Abstract

Ecological patents have been increasing steadily over time. This paper analyses trends and volatility in ecological patents in the USA from 1975 to 1997. Germany contributed more than 10% of the total US ecological patents, and is by far the strongest foreign performer. This paper estimates a set of novel regime-switching models to investigate the time-varying nature of the conditional mean, as well as the conditional variance of the patent ratio, namely the ratio of US ecological patents to total US patents, using monthly data from January 1975 to December 1997. The regime-switching LSTAR-GARCH model is found to be optimal for modelling the ecological patent ratio.

Details

UN Sustainable Development Goals (SDGs)

This output has contributed to the advancement of the following goals:

#8 Decent Work and Economic Growth

Source: InCites

Metrics

InCites Highlights

These are selected metrics from InCites Benchmarking & Analytics tool, related to this output

Collaboration types
Domestic collaboration
Citation topics
6 Social Sciences
6.10 Economics
6.10.80 Market Interdependencies
Web Of Science research areas
Computer Science, Interdisciplinary Applications
Engineering, Environmental
Environmental Sciences
Water Resources
ESI research areas
Computer Science
Logo image