The formulation and estimation of random effects panel data models of trade

The paper introduces for the most frequently used three-dimensional panel data sets several random effects model specifications. It derives appropriate estimation methods for the balanced and unbalanced cases. An application is also presented where the bilateral trade of 20 EU countries is analysed for the period 2001-2006. The differences between the fixed and random effects specifications are highlighted through this empirical exercise.

MoreLess

Year of publication:	2012-02-17
Authors:	Matyas, Laszlo ; Hornok, Cecilia ; Pus, Daria

More details

Type of publication:	Book / Working Paper
Language:	English
Notes:	Matyas, Laszlo and Hornok, Cecilia and Pus, Daria (2012): The formulation and estimation of random effects panel data models of trade.
Classification:	C13 - Estimation ; F11 - Neoclassical Models of Trade ; C23 - Models with Panel Data ; F17 - Trade Forecasting and Simulation ; F1 - Trade ; C21 - Cross-Sectional Models; Spatial Models ; C01 - Econometrics
Source:	BASE

Persistent link: https://www.econbiz.de/10015230716