Kapetanios, George; Pesaran, M. Hashem; Reese, Simon - 2018
recognized in the literature. In this paper we propose a new method to detect such influential or dominant units by basing our … due to multiple testing. Our proposed method allows us to estimate and identify the dominant units without the a priori … knowledge of the interconnections amongst the units, or using a short list of potential dominant units. It is applicable even if …