Showing 1 - 5 of 5
This paper derives several Lagrange Multiplier tests for the panel data regression model with spatial error correlation … component panel data model discussed in Breusch and Pagan (1980) and Baltagi, Chang and Li (1992). The idea is to allow for both … spatial error correlation as well as random region effects in the panel data regression model and to test for their joint …
Persistent link: https://www.econbiz.de/10005086453
This paper considers the large sample behavior of the maximum likelihood estimator of random effects models. Consistent estimation and asymptotic normality as N and/or T grows large is established for a comprehensive specification which allows for serial correlation in the form of AR(1) for the...
Persistent link: https://www.econbiz.de/10005086458
-output framework using Norwegian bank level panel data. The dual approach with four variable inputs is applied, and the general model …
Persistent link: https://www.econbiz.de/10005086456
role of preferences on labor force participation from individual characteristics, we develop a panel data model that … German Socio-Economic Panel, indicates that distinct preferences could explain the regional difference in participation rates …
Persistent link: https://www.econbiz.de/10005086459
regressors, to a panel data model. We focus on estimation of effects of timeinvariant endogenous regressors, since to our … heterogeneity bias, our extension of LDV models to the panel case did not give improvements in small sample performance over the …
Persistent link: https://www.econbiz.de/10005729273