Public instruments for business management in chilean wine industry: A comparative analysis of discrete choice models

Abstract:

In Chile there is a wide availability of public instruments to promote productivity in business management, which in practice serve as fi nancial hedge instruments. Based on multivariate analysis the authors estimate the probability of using public instruments in Chilean wine industry comparing logit and probit models. Results indicate that probability depends on different socioeconomic variables and sources of risk. The global correct pbkp_rediction was estimated in 80.5% through ROC curve analysis.

Año de publicación:

2011

Keywords:

• Multivariate analysis
• ROC curve
• Sources of risk
• Financial hedge instruments

Fuente:

scopus