Search Results - subject:"weak instruments"

Past dominations, current informal institutions and the Italian regional economic performance_x0003_

Liberto, Adriana Di - European Regional Science Association - 2013

We study the connection between economic performance and the quality of government institutions for the sample of 103 Italian NUTS3 regions, including new measures of institutional quality calculated using data on the provision of four areas of public service: health, educational...

Persistent link: https://www.econbiz.de/10010740403

Survey on statistical inferences in weakly-identified instrumental variable models

Mikusheva, Anna - In: Applied Econometrics 29 (2013) 1, pp. 117-131

This paper provides a brief review of the current state of knowledge on the topic of weakly-identified instrumental variable regression. We describe the essence of the problem of weak identification, possible methods for detecting it in applied work as well as methods robust to weak...

Persistent link: https://www.econbiz.de/10010841023

Chinese resource demand and the natural resource supplier

Dungey, Mardi; Fry-McKibbin, Renée; Linehan, Verity - School of Economics and Finance, Tasmanian School of … - 2013

This paper provides empirical evidence on the effects of Chinese resource demand on the resource rich natural resource supplier using the example of Australia. A structural VAR model is used to examine the effects of Chinese resource demand, commodity prices and foreign output on the...

Persistent link: https://www.econbiz.de/10010905835

On bootstrap validity for specification tests with weak instruments

Doko Tchatoka, Firmin - School of Economics and Finance, Tasmanian School of … - 2013

bootstrap is valid even for the Wald-type of DWH statistics in the presence of weak instruments. …

Persistent link: https://www.econbiz.de/10010905845

On distributions of ratios

Broda, Simon A.; Kan, Raymond - 2013

A large number of exact inferential procedures in statistics and econometrics involve the sampling distribution of ratios of random variables. If the denominator variable is positive, then tail probabilities of the ratio can be expressed as those of a suitably defined difference of random...

Persistent link: https://www.econbiz.de/10010227300

A weak instrument F-test in linear IV models with multiple endogenous variables

Sanderson, Eleanor; Windmeijer, Frank - 2013

We consider testing for weak instruments in a model with multiple endogenous variables. Unlike Stock and Yogo (2005 …), who considered a weak instruments problem where the rank of the matrix of reduced form parameters is near zero, here we … consider a weak instruments problem of a near rank reduction of one in the matrix of reduced form parameters. For example, in a …

Persistent link: https://www.econbiz.de/10010200387