Rank correlation analysis Sample Clauses

Rank correlation analysis. As noted in Section 3.2, the degree of reservation of activities in a sector/ Member State is encapsulated in the respective index of reservation (RA index). The index takes into account and is thus weighted by the number of exclusive reserved activities (more exclusivity is associated, all other things being equal. with a higher index), the number of professions that share a reserved task (a higher number is associated with a lower index), and whether the reserved task is split into reserved sub-tasks (more reservations is associated with a higher index value). The exclusive reservation of professional activities to a professional holding a specific qualification (irrespective of the justification) represents an economic barrier to entry into the activities concerned. Potentially, restricting the supply of professionals can reduce the level of economic activity in the associated sector. An initial simple analysis of the economic impact of reservation can start by looking at sectoral economic performance versus the degree of reservation, as expressed in the RA indexes. 91 A regression coefficient can be interpreted as an elasticity if the dependent and explanatory variables are each on a logarithmic scale: thus, for instance, a regression coefficient of 0.5 would imply that one percent change in the explanatory variable leads to a
Sample 1
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