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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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The unique risk exposures of Islamic banks’ capital buffers: A dynamic panel data analysis ☆
TL;DR: In this paper, the authors employ a panel model using two-step dynamic Generalized Method of Moments (GMM) on a data set comprising 128 conventional and Islamic banks to investigate the susceptibilities of Islamic banks' capital buffers to unique risks emanating from their operating environments.
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The effect of renewable and nonrenewable electricity generation on economic growth
Bebonchu Atems,Chelsea Hotaling +1 more
TL;DR: In this article, the authors examined the impact of electricity generation on economic growth using data for a panel of 174 countries over the period 1980-2012 and found a strong positive and statistically significant relationship between renewable and non-renewable electricity generation, and growth.
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Déjà vu All Over Again: Investigating Temporal Continuity of Adolescent Victimization
TL;DR: This article used panel data from a sample of adolescents to assess the merit of these opposing theoretical frameworks and found support for the thesis that past victimization increases subsequent victimization, but the magnitude of this positive relationship is more modest than is indicated by analytic models that have been utilized in prior longitudinal victimization research.
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Democracy and carbon dioxide emissions: Assessing the interactions of political and economic freedom and the environmental Kuznets curve
Prathibha Joshi,Kris A. Beck +1 more
TL;DR: This paper used economic growth, population growth, urbanization, and energy use variables along with rarely used measures of political and economic freedom to see how they influence carbon emissions and the scope of any potential environmental kuznets curve.
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Age and productivity: Sector differences?
Christian Göbel,Thomas Zwick +1 more
TL;DR: In this paper, the authors investigate differences in the age-productivity profiles between the metal manufacturing and services sectors and conclude that there are no significant differences between these sectors in terms of productivity.
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