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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 universities knowledge spillovers impact on new firm’s growth? Empirical evidence from UK
TL;DR: In this paper, the effect of scientific institutions on firm's growth, coupling regional science and entrepreneurship approaches, is explored, focusing on the role of universities, largely considered in the literature as the main source of knowledge spillovers.
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The shaping of an institutional choice: Weather shocks, the Great Leap Famine, and agricultural decollectivization in China☆
Ying Bai,James Kai-sing Kung +1 more
TL;DR: In this article, the authors exploit the variation in the pace of agricultural decollectivization among the Chinese provinces during 1978-1984 to test the respective effects of weather shocks, the lasting impact of the Great Leap Famine, and public goods provision on the villages' institutional choice between collective and family farming.
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Remittances, Natural Resource Rent and Economic Growth in Sub-Saharan Africa
Pamela E. Ofori,Daryna Grechyna +1 more
TL;DR: In this article, the authors examined whether positive macroeconomic signals such as remittances mitigate the negative effect of oil rents on economic growth in a sample of 43 SSA countries spanning 1990-2017.
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GMM estimation of a structural demand model for yogurt and the effects of the introduction of new brands
TL;DR: In this article, the demand structure for yogurt is assumed to be properly described by a one level nested logit model that is applied to aggregate market data, given the presence of endogenous regressors, suitably lagged endogenous variables (Arellano and Bover in J Econom 68:29-51, 1995; Blundell and Bond in JEconom 87:115-143, 1998) are proposed as instrumental variables.
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Globalization, technological change and labor demand: a firm-level analysis for Turkey
TL;DR: In this paper, the authors studied the interlinked relationship between globalization and technological upgrading in affecting employment and wages of skilled and unskilled workers in a middle-income developing country and found that both domestic and imported technologies increase the relative demand for skilled workers more than the demand for the unskilled.
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