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Dynamic panel data models: a guide to microdata methods and practice
TLDR
In this article, the focus is on panels where a large number of individuals or firms are observed for a small number of time periods, typical of applications with microeconomic data, and the emphasis is on single equation models with autoregressive dynamics and explanatory variables.Abstract:
This paper reviews econometric methods for dynamic panel data models, and presents examples that illustrate the use of these procedures. The focus is on panels where a large number of individuals or firms are observed for a small number of time periods, typical of applications with microeconomic data. The emphasis is on single equation models with autoregressive dynamics and explanatory variables that are not strictly exogenous, and hence on the Generalised Method of Moments estimators that are widely used in this context. Two examples using firm-level panels are discussed in detail: a simple autoregressive model for investment rates; and a basic production function.read more
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Do oil and gas price shocks have an impact on bank performance
Abdulazeez Y.H. Saif-Alyousfi,Abdulazeez Y.H. Saif-Alyousfi,Asish Saha,Rohani Md-Rus,Kamarun Nisham Taufil-Mohd +4 more
TL;DR: In this paper, the authors examined the impact of oil and gas price shocks on bank performance in the major oil-and gas exporting GCC countries, using data for the period 2000-2017.
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On the Properties of Various Estimators for Fiscal Reaction Functions
Oya Celasun,Joong S Kang +1 more
TL;DR: In this paper, the authors evaluate the bias of the least-squares-with-dummy-variables (LSDV) method in fiscal reaction function estimations and find the bias to be smaller than the bias in a comparable autoregressive dynamic panel model and show the LSDV method to outperform a number of alternatives.
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Foreign Direct Investment and Economic Growth : Empirical Evidence from Russian Regions
Svetlana Ledyaeva,Mikael Linden +1 more
TL;DR: In this paper, Barro and Sala-I-Martin empirical framework of neoclassical Solow-Swan model is specified to determine the FDI impact on per capita growth in 74 Russian regions during period of 1996-2003.
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Interactive effects of human capital in finance–economic growth nexus in Sub-Saharan Africa
TL;DR: In this article, the authors examined the interactive effect of human capital in financial development and economic growth in 29 sub-Saharan African (SSA) countries over the period 1980-2014, using the system generalised method of moments within the endogenous growth framework.
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The journals are full of great studies but can we believe the statistics? Revisiting the Mass Privatisation – Mortality Debate
TL;DR: It is demonstrated that the finding that rapid mass privatisation was a "crucial determinant" of male mortality fluctuations in the post-communist world is rejected once better consideration is given to the way in which the data are generated.
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