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This is the most common currency conversion method, even for sector specific comparisons, such as health care expenditures [ 45- 47].
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Business has been instrumental in that shift, both as a matter of general ideology and in a dogged and skilled fight for sector-specific tax breaks, like the carried interest provision.
A full set of year dummies in each sector-specific regression is included to control for sector-specific trends.
In principle, most futures research methods are, however, suitable also for sector-specific studies though especially trend analysis is especially suitable for short-term sector-specific studies.
Moreover, 22 macro-sector fixed effects account for sector-specific shocks and unobserved heterogeneity (identical with 2-digit NACE codes, see the Appendix).
These economic conditions might have affected local demand for sector-specific labor, and it is possible that our estimates pick up some of those effects as well.
I/O modeling, therefore, assumes general industry averages for sector-specific input structures, import relations, and employment coefficients that not accurately reflect the structural characteristics of the RE sector [14].
As described in Appendix B: Estimation of sector-specific hourly wage equations of husbands and wives, this estimation stage is based on a three-step control function procedure that simultaneously accounts for sector-specific selection effects, endogeneity of experience, and correlations among hourly wages of the husband and the wife.
In terms of sector specific models for service delivery, three sectors (NE, NC, SE) could be broadly classified as central with satellites, although some variability was noted.
Here is a list of our recruitment classifications for each sector specific supplement.
It is aimed at building the case for power sector specific cyber security regulations based on the experience of regulators in other critical infrastructure sectors like Banking and Telecom in India and power sector regulations internationally.
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