Search Results - subject:"dynamic panel."

Private Savings in Eastern European EU-Accession Countries: Evidence from a Dynamic Panel Data Model

Schrooten, Mechthild; Stephan, Sabine - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2003

After the collapse in early transition years, saving rates in Eastern European EUaccession countries have recovered strongly. Is private saving in these countries now driven by the same forces as in the EU? A GMM estimator is applied to analyze the determinants of private saving in both country...

Persistent link: https://www.econbiz.de/10005068748

The political economy of reforms: Empirical evidence from post-communist transition in the 1990s

Kim, Byung-Yeon; Pirttilä, Jukka - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2003

constraints, economic reforms and growth. A dynamic panel analysis suggests public support for reform is negatively associated …

Persistent link: https://www.econbiz.de/10005648607

Feasible bias-corrected OLS, within-groups, and first-differences estimators for typical micro and macro AR(1) panel data models

Ramalho, Joaquim - Departamento de Economia, Universidade de Évora - 2003

Dynamic panel data (DPD) models are usually estimated by the generalized method of moments. However, it is well …

Persistent link: https://www.econbiz.de/10005577426

Bias in Dynamic Panel Estimation with Fixed Effects, Incidental Trends and Cross Section Dependence

Phillips, Peter C.B.; Sul, Donggyu - Cowles Foundation for Research in Economics, Yale University - 2003

Explicit asymptotic bias formulae are given for dynamic panel regression estimators as the cross section sample size N … interest is that, when there is cross section error dependence, the probability limit of the dynamic panel regression estimator … is a random variable rather than a constant, which helps to explain the substantial variability observed in dynamic panel …

Persistent link: https://www.econbiz.de/10005593226

A Panel Data Study of Physicians’ Labor Supply: The Case of Norway

Baltagi, Badi H.; Bratberg, Espen; Holmås, Tor Helge - CESifo - 2003

Physicians are key personnel in a sector which is important due to its size as well as the quality of service it provides. We estimate the labor supply of physicians employed at hospitals in Norway, using personnel register data merged with other public records. A dynamic labor supply equation...

Persistent link: https://www.econbiz.de/10005766301

The capital structure of Swiss companies: an empirical analysis using dynamic panel data

Gaud, Philippe; Jani, Elion; Hoesli, Martin; Bender, André - Swiss Finance Institute - 2003

In this paper, we analyze the determinants of the capital structure for a panel of 106 Swiss companies listed in the Swiss stock exchange. Both static and dynamic tests are performed for the period 1991-2000. It is found that the size of companies, the importance of tangible assets and business...

Persistent link: https://www.econbiz.de/10005771830

Testing for unit roots in panels by using a mixture model

Madsen, Edith - Centre for Applied Microeconometrics (CAM), Økonomisk … - 2003

This paper introduces a dynamic panel data model where the regression coefficients are allowed to vary across cross …-section units. The framework is a mixture model obtained by mixing two dynamic panel data models with different parameters according …

Persistent link: https://www.econbiz.de/10005818470

MODELLING OPTIMAL INSTRUMENTAL VARIABLES FOR DYNAMIC PANEL DATA MODELS

Arellano, Manuel - Centro de Estudios Monetarios y Financieros (CEMFI) - 2003

Two-step instrumental variable estimators for dynamic panel data models are considered that are asymptotically …

Persistent link: https://www.econbiz.de/10005611892

Dynamic Panel Data Model and Moment Generating Function

Kitazawa, Yoshitsugu - Faculty of Economics, Kyushu Sangyo University - 2003

This paper proposes new sets of moment restrictions for consistently estimating the dynamic panel data model. These … sets are derived from solving the moment generating functions of the error term for the dynamic panel data model and have …

Persistent link: https://www.econbiz.de/10008513285

Household Investment through migration in Rural China

Brauw, Alan de; Rozelle, Scott - Economics Department, Williams College - 2003

In this paper, we strive to better understand how household investment is affected by participation in migration in rural China. After we describe investment patterns across different regions of rural China, we use a theoretical model to describe a relationship between migration and investment...

Persistent link: https://www.econbiz.de/10008520362