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sensitive to misspecification and data errors. This sensitivity is addressed by the theory of robust statistics which builds …
Persistent link: https://www.econbiz.de/10005556311
A balanced panel of data is used to estimate technical efficiency, employing a fixed-effects stochastic frontier …
Persistent link: https://www.econbiz.de/10005076575
We consider estimation of a panel data model where disturbances are spatially correlated in the cross … parameters may be consistently estimated. When the time dimension is small (the usual panel data case), we develop an estimator … to a panel of Indonesian rice farms where spatial correlations represent productivity shock spillovers, based on …
Persistent link: https://www.econbiz.de/10005062574
Linear models with error components are widely used to analyze panel data. Some applications of these models require …
Persistent link: https://www.econbiz.de/10005119172
In this paper we empirically analyse the linkages among growth, investment and reforms in the South East Asian countries, in the North Africa and in the non CFA Sub-Saharan Africa economies over 1970-89 to 2003. These regions differ considerably among them selves as well as with regard to the...
Persistent link: https://www.econbiz.de/10005556730
Empirical research based on panel data has to pay special attention to measurement errors. Utility maximization often …
Persistent link: https://www.econbiz.de/10005119368
We investigate the causes of civil war, using a new data set of wars during 1960-99. We test a `greed’ theory focusing … on the ability to finance rebellion, against a`grievance’ theory focusing on ethnic and religious divisions, political … repression and inequality. We find that greed considerably outperforms grievance. Consistent with the greed theory, both …
Persistent link: https://www.econbiz.de/10005407738
In the first half of the paper we study spurious regressions in panel data when the cross-section and time …-based cointegration tests in panel data, because the null distribution of residual-based cointegration tests depends on the asymptotics of … LSDV. In the second half of the paper we study residual-based tests for cointegration regression in panel data. We study …
Persistent link: https://www.econbiz.de/10005407888
equation on panel data during the past twenty years, in order to assess which of these changes result from new estimation … methods and changes in the practice of panel data econometrics, and which are "real" and due to the evolution of the economy …
Persistent link: https://www.econbiz.de/10005408002
An attempt to quantify possible negative effects of external crises in emerging market economies is made in this paper. The direct and indirect effects of the external crises, here sudden stops in capital flows and currency crises, are estimated and compounded into composite overall effects. In...
Persistent link: https://www.econbiz.de/10005408201