Search or ask a question

Interpretation of Hausman Taylor model?

Consistent estimator

Bias of an estimator

Best insight from top research papers

The Hausman-Taylor model is a panel data model that incorporates a spatial error structure, allowing for endogeneity of both time-varying and time-invariant variables with individual effects . It addresses the issue of wiping out the effects of time-invariant variables, which are crucial in empirical studies, unlike the spatial fixed effects estimator . This model has been applied in various studies, such as analyzing Covid-19 death recording influenced by political ideology , examining the impact of trade liberalization on Foreign Direct Investment (FDI) flows , and investigating the effect of group incentives on firms' performance . Overall, the Hausman-Taylor model is a robust tool for handling endogeneity, spatial error structures, and analyzing complex relationships in panel data settings.

Answers from top 5 papers

PDF

Open Access

More filters

Papers (5)	Insight
Journal Article•DOI The impact of group incentives on performance of small firms: Hausman–Taylor estimates Kshitija Dixit, Rupayan Pal - Show less +1 more 01 Sep 2010-Managerial and Decision Economics 17 Citations	The Hausman-Taylor model estimates the impact of group incentives on small firms' performance, addressing endogeneity by isolating time-invariant covariates and improving efficiency.
Open access•Book Chapter•DOI Small Sample Properties and Pretest Estimation of a Spatial Hausman–Taylor Model Badi H. Baltagi, Peter Egger, Michaela Kesina - Show less +2 more 19 Dec 2012 3 Citations	The Hausman-Taylor model allows for endogeneity of time-varying and time-invariant variables with individual effects, performing well in small samples by preserving the effects of time-invariant variables.
Open access•Journal Article•DOI Political Death Creep: Revisited Using Hausman-Taylor Mitch Kunce 01 Dec 2022-Journal of Statistical and Econometric Methods	The Hausman-Taylor model in the paper extends the analysis of political influence on Covid-19 death reporting, providing robust results using state-level panel data from 2020-2022.
Open access Trade liberalization and foreign direct investment in vietnam: a gravity model using hausman - taylor estimator approach Hoàng Chí 01 Jan 2013 8 Citations	The Hausman-Taylor estimator in the gravity model used in the paper examines the impact of trade liberalization, particularly under the WTO, on FDI flows to Vietnam from 1995 to 2011.
Open access•Posted Content The Hausman-Taylor Panel Data Model with Serial Correlation Badi H. Baltagi, Long Liu - Show less +1 more 01 Mar 2012-Research Papers in Economics 2 Citations	The Hausman-Taylor model, modified to consider serial correlation in panel data, enhances efficiency compared to standard estimators, as shown through Monte Carlo experiments in the study.

My columns

Related Questions

What is the Hausner ratio pf metformin HCL tablet?5 answersThe Hausner ratio of Metformin HCL tablets varies depending on the formulation and study. In the research conducted by Fitriani et al., the Hausner ratio was not explicitly mentioned, but the study focused on evaluating Hydroxypropyl cellulose (HPC), Hydroxypropyl Methyl Cellulose (HPMC) K100M, and their combination in floating tablets. On the other hand, the study by Rani et al. aimed to develop fast-disintegrating tablets of Metformin HCL using Isphagula husk and Crosspovidone as superdisintegrants, achieving a rapid disintegration time of around 10 seconds. Additionally, the study by Block et al. tested the feasibility of developing 500mg Metformin HCL tablets using different binders, showcasing adequate flow properties suitable for tablet production. Each study provides valuable insights into different aspects of Metformin HCL tablet formulation and properties.

What is the definition of Van Hiele model?4 answersThe Van Hiele model of geometric reasoning defines five levels of development, ranging from visual understanding to rigorous comprehension. This model emphasizes processes like definition, proof, classification, and identification to enhance geometric reasoning skills. Research has shown that implementing the Van Hiele model in teaching Geometry leads to significant improvements in student performance, making it an effective alternative to traditional methods. Moreover, the model has been utilized for designing interactive educational modules, such as for teaching the Pythagorean theorem in mathematics museums, showcasing its versatility and applicability in non-formal educational settings. Additionally, the Van Hiele model has been successfully applied in educational settings to strengthen students' skills in drawing and spatiality through interactive multimedia applications, demonstrating its practical utility in enhancing various educational aspects.

What is the model used in this paper?5 answersThe papers introduce various models for different applications. These include a model for prognosis of random economical processes, an analytical model for evaluating well potential modulation and bipolar amplification effects, a model applied in determining the optimal number of teams for handling events in the electric power distribution system, and a dynamic simulation model illustrating the economic impacts of population aging, particularly focusing on diseases in old age like dementia. Additionally, a study explores the application of the UTAUT model in initial coin offerings, highlighting eight major attributes applicable in cryptocurrency adoption.

How to test the endogeneity of variables to the Hausman-Taylor estimator used in the gravity model?4 answersThe endogeneity of variables to the Hausman-Taylor estimator used in the gravity model can be tested using the Hausman test. This test is commonly used in applied economic work to test for misspecification and the presence of endogeneity in regression models. It compares the fixed effect estimator with the random effect estimator in the random intercept model to detect cluster-level endogeneity. The test can also be extended to multi-dimensional panel data models to detect endogeneity in the presence of different specifications and correlation assumptions with the regressors. Additionally, a Hausman-type test based on the distance between two estimators can be used to detect the presence of endogeneity in conditional quantile models. Overall, the Hausman test provides a reliable method for testing the endogeneity of variables to the Hausman-Taylor estimator in the gravity model.

What do the theories mentioned by Taylor and Barnard have in common?4 answersThe theories mentioned by Taylor and Barnard have in common the influence they had on management thinking during the twentieth century. Both Taylor and Barnard contributed to the development of administrative theories and their impact can be seen in work organizations, including the health care sector. Taylor's theory of scientific management emphasized efficiency and productivity in the workplace, while Barnard's theory focused on the importance of cooperation and communication within organizations. These theories have shaped the way work is organized and have influenced the practices and perceptions of students and teachers in educational settings. Despite their contributions, these theories also face limitations in addressing the current challenges of administration, such as the need to improve the quality of care in the health care sector.

Who is Henry Taylor Howard?5 answersHenry Howard was a prominent figure in early modern England, known for his intellectual pursuits and literary production. He was born into a noble family and had connections to the court of Elizabeth I and later became an important adviser to James I. Howard engaged in a debate about the public role of women and refuted John Knox's views on female authority and obedience. His unpublished contribution to this debate was significant due to its length, detail, and Howard's personal reputation. Additionally, Howard's translation of the Book of Ecclesiastes showcased his encounter with biblical texts and his engagement with humanist and evangelical interpretations. The fall of Henry Howard, Earl of Surrey, is also examined, revealing evidence of his alleged treason and shedding light on his allegiances in religion and politics.

See what other people are reading

What were the origins of the cold war?

The origins of the Cold War can be traced back to the aftermath of World War II, where the Soviet Union emerged as a leader of a new Socialist bloc in competition with the Capitalist West, leading to a divided world. The US monopoly on information regarding nuclear weapons during the early Cold War further fueled tensions, shaping what scholars refer to as "atomic diplomacy," rooted in wartime science diplomacy disagreements among wartime allies. The collapse of the Soviet Union and the end of the Cold War prompted Western and Chinese academics to reassess Cold War history with a global perspective, aiming for a more objective evaluation free from ideological biases. Additionally, the repatriation issues post-World War II contributed to the tensions and complexities that led to the Cold War, highlighting the insufficiently studied problem of repatriation in the post-war era.What factors have been found to influence voting behavior across different countries and cultures?

Voting behavior across different countries and cultures is influenced by various factors. Studies show that interpersonal influence, such as the impact of relatives and spouses, plays a significant role in shaping political attitudes and behaviors, with differences observed between familistic and non-familistic contexts. Ideological orientation, particularly the trade-off between values of universalism and security, predicts voting patterns in many countries, especially in established democracies like Australia, Finland, Italy, UK, and Germany. Additionally, the influence of social neighbors, political parties, and leaders affects voter decisions, with unsuccessful leaders having a greater negative impact on individual voters than successful ones. Moreover, electoral behavior is also influenced by institutional and socioeconomic features of country contexts, highlighting the heterogeneity in voters' decision-making processes across nations.How does the Philippines coordinate with other countries and international organizations to protect the rights of migrant workers?

The Philippines collaborates with various stakeholders at different levels to safeguard the rights of its overseas workers. At the national level, the government has established agencies and programs to protect overseas Filipino workers from exploitation. Internationally, the Philippines engages in multi-stakeholder and multi-level discussions through platforms like the Association of Southeast Asian Nations (ASEAN), Colombo Process, Abu Dhabi Dialogue, Global Forum on Migration and Development (GFMD), and Global Compact. Additionally, the country's Department of Foreign Affairs (DFA) has embraced social media to enhance its migration governance, indicating a proactive approach to staying connected with its migrant population and addressing their needs. This multi-faceted engagement underscores the Philippines' commitment to upholding the welfare and rights of its migrant workers through both domestic and international collaborations.Why the world fail to limit the world temperature?

The world has struggled to limit global temperatures due to various factors. The sensitivity of the global climate to a twofold increase in CO2 concentration is projected to be around 2°C, with a likely 1°C rise in the forthcoming century due to a mix of anthropogenic and natural factors. Human activities have already caused a 1.25°C increase, and current emissions trajectories indicate surpassing 1.5°C in less than a decade, highlighting the urgency for action. Economic concerns often hinder climate action, with arguments against measures like limiting CO2 emissions or imposing carbon taxes based on fears of economic disadvantage. Urgent action is called for to keep global temperature increases below 1.5°C, as higher temperatures pose severe health risks and disproportionately affect vulnerable populations. Political, technological, and societal inertia also impede progress towards achieving climate goals.Is chelsea and christian a good match?

Based on the research data provided, a good match between Chelsea and Christian would require a shared understanding and alignment of preferences. In the context of user behavior on social networking sites, individuals tend to connect with others who share their opinions, especially on politically controversial issues. However, it is essential to note that creating a good match involves overcoming power asymmetry and framing issues to establish meaningful relationships. While matching individuals based on specific criteria like political like-mindedness can lead to strong connections, it is crucial to consider the complexity of motivations involved in forming homogeneous environments. Therefore, for Chelsea and Christian to be a good match, they would need to align their preferences, overcome potential power dynamics, and establish a shared understanding to foster a meaningful relationship.How does tellurocracy and thalassocracy work in Nazi germany?

Tellurocracy and thalassocracy dynamics were evident in Nazi Germany through its engagement with North Africa and the Middle East, as explored in Francis R. Nicosia's work. The Nazi regime's control extended to academic life, where universities were swiftly integrated into the new government's administrative system, aligning curricula with National Socialist ideology. Additionally, the regime's propaganda machinery showcased a hybrid decision-making system, with competing power bases undermining Goebbels' vision until he gained full control towards the war's end. The regime's policies during World War II impacted various populations, including the spread of tuberculosis and the dehumanizing treatment of TB patients, prisoners, and concentration camp inmates. These instances highlight how tellurocratic and thalassocratic elements intertwined within the Nazi regime's governance, propaganda, academic control, and public health policies.How does Okeah Mary Inimotimi's management thoughts and philosophy contribute to the field of business and management?

Okeah Mary Inimotimi's management thoughts and philosophy contribute significantly to the field of business and management by emphasizing the importance of combining internal belief systems with external disciplinary tools like rules. This approach aligns with the idea that philosophy plays a crucial role in understanding, designing, and reflecting on management practices, as highlighted in the Springer Handbook of Philosophy of Management. Inimotimi's perspective resonates with the historical parallelism and correlation between Philosophy and Management, showcasing how these disciplines mutually impact and enrich each other over time. Furthermore, her emphasis on integrating philosophy into management research addresses the ontological and epistemological connections between philosophy and management, providing new ideas and guidance for management researchers. Ultimately, Inimotimi's philosophy underscores the human-centric approach in management, critiquing the detachment of individuals' aspirations from the essence of organizations, thus highlighting the importance of aligning personal beliefs and values with professional practices in the dynamic business environment.How does this affect lebrons legacy?

The provided contexts do not directly relate to LeBron James or his legacy. Therefore, it is not possible to draw a direct connection between the information in the contexts and its impact on LeBron's legacy. The contexts cover topics such as the scientific legacy of LEP in particle physics, laboratory workload in cervical screening programs, the effects of neoliberalism on global economies, the biology of parenting and its impacts on offspring, and a mission by the International Atomic Energy Agency to secure radioactive objects. As such, there is no direct relevance to LeBron James or his legacy in the provided contexts.What are the affordances of different dating apps?

The affordances of different dating apps vary based on their design and functionalities. Tinder in South Africa emphasizes Visual Dominance, Synchronicity, and Locatability to support inter- and intra-racial dating intentions. Hinge's interface plays a crucial role in facilitating the dating process, but there is a contradiction between its portrayed image and practical outcomes due to its affordances. Dating apps like Tinder, Bumble, and Hinge perpetuate normative sexual ideologies through features like gender choice and compatibility surveys, a concept termed algorithmic heteronormativity. Grindr and Jack'd in Hong Kong prioritize physical appearance through profile photos, leading to accelerated interactions and ephemeral relationships, impacting user satisfaction. Users' locus of control influences the actualization of affordances to mitigate privacy and security concerns in mobile dating apps.What is the Role of Natural Disaster Museums and Memorials?

Natural disaster museums and memorials serve as crucial mechanisms for societies to confront and process traumatic events from the past, shaping cultural memory and disaster risk reduction efforts. These institutions blend educative historical narratives with emotional memory to ethically transform visitors and societies, contributing to social cohesion and politics of memory. By preserving remembrance through various means like physical monuments, archives, and media tools, they enable the dissemination of lessons learned from past disasters globally. Disaster museums often frame their representations to emphasize overcoming hardships for a better future, aligning with narratives of resilience seen in other memorial museums. However, there is a risk of othering certain disasters, like the Fukushima nuclear disaster, if not fully represented, limiting the transmission of crucial lessons.How does Kwame Nkrumah's concept of Pan Africanism constitute a contribution to IRT including criticism of weaknesses?

Kwame Nkrumah's concept of Pan-Africanism significantly contributes to International Relations Theory (IRT) by advocating for the unity and solidarity of African states against colonialism, imperialism, and neo-colonialism, emphasizing a collective identity and shared destiny among Africans and the African diaspora. Nkrumah's vision was rooted in the belief that African unity was essential for the political, social, and economic well-being of the continent, aiming to combat corruption and foster development. His approach aligns with transformational leadership theory within IRT, as he sought to inspire and implement profound changes across the continent, although the full realization of his vision of continental unity remains unachieved. Nkrumah's rejection of idealism in favor of materialism, proposing it as a solution to liberate Africa from neo-colonial influences, further illustrates his contribution to IRT by challenging Western political and economic paradigms. His ideology also extends to critiquing and understanding disability within a Pan-African context, offering a unique lens to view disablement and disability in Africa, thus broadening the scope of IRT to include diverse perspectives on human conditions. However, Nkrumah's concept of Pan-Africanism is not without criticism. The greatest challenge to his vision was the reluctance of newly independent African states to surrender sovereignty, viewing his idea of a "United States of Africa" with suspicion. Additionally, his attempt to reconcile theism with materialism through emergentism was critiqued as ultimately unsuccessful, highlighting a potential weakness in his philosophical underpinnings. Furthermore, the contemporary misinterpretation of Pan-Africanism, moving away from its socialist roots towards a neoliberal agenda, indicates a deviation from Nkrumah's original vision, suggesting a dilution of its ideological purity and practical relevance. In summary, Kwame Nkrumah's Pan-Africanism offers a rich, albeit contested, contribution to IRT, advocating for unity and self-reliance among African states while facing criticism for its practical challenges and philosophical inconsistencies.