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State and Industrial Actions to Influence Consumer Behavior

Brockwell, Erik - Institutionen för Nationalekonomi, Umeå Universitet - 2014

This thesis consists of an introductory part and three papers. <p> Paper [I] examines how taxes affect consumption of … significantly larger change in consumption than a producer price change, which is referred to as the signaling effect from taxation … in consumption than a producer price change. The empirical analysis is conducted by a US panel data study, during the …

Persistent link: https://www.econbiz.de/10011019141

Change point estimation in panel data without boundary issue

Peštová, Barbora; Pešta, Michal - In: Risks : open access journal 5 (2017) 1, pp. 1-22

Panel data of our interest consist of a moderate number of panels, while the panels contain a small number of observations. An estimator of common breaks in panel means without a boundary issue for this kind of scenario is proposed. In particular, the novel estimator is able to detect a common...

Persistent link: https://www.econbiz.de/10011636497

Change point estimation in panel data without boundary issue

Peštová, Barbora; Pešta, Michal - In: Risks 5 (2017) 1, pp. 1-22

Persistent link: https://www.econbiz.de/10011709583

A robust approach to heteroskedasticity, error serial correlation and slope heterogeneity for large linear panel data models with interactive effects

Hayakawa, Kazuhiko; Nagata, Shuichi; Yamagata, Takashi - 2018

In this paper, we propose a robust approach against heteroskedasticity, error serial correlation and slope heterogeneity for large linear panel data models. First, we establish the asymptotic validity of the Wald test based on the widely used panel heteroskedasticity and autocorrelation...

Persistent link: https://www.econbiz.de/10011879510

Bootstrap methods for inference in the Parks model

Moundigbaye, Mantobaye; Messemer, Clarisse; Parks, … - 2019

This paper shows how to bootstrap hypothesis tests in the context of the Parks (Efficient estimation of a system of regression equations when disturbances are both serially and contemporaneously correlated 1967) estimator. It then demonstrates that the bootstrap outperforms Parks's top...

Persistent link: https://www.econbiz.de/10012018487

Bootstrap methods for inference in the Parks model

Moundigbaye, Mantobaye; Messemer, Clarisse; Parks, … - 2020

This paper shows how to bootstrap hypothesis tests in the context of the Parks’s (1967) Feasible Generalized Least Squares estimator. It then demonstrates that the bootstrap outperforms FGLS(Parks)’s top competitor. The FGLS(Parks) estimator has been a workhorse for the analysis of panel...

Persistent link: https://www.econbiz.de/10012160012

A robust approach to heteroskedasticity, error serial correlation and slope heterogeneity for large linear panel data models with interactive effects

Hayakawa, Kazuhiko; Nagata, Shuichi; Yamagata, Takashi - 2018

Persistent link: https://www.econbiz.de/10012013648

A Multiple Output Stochastic Ray Frontier Production Model

Löthgren, Mickael - Economics Institute for Research (SIR), … - 1997

This paper proposes an approach to specify and estimate multiple input, multiple output production frontiers and technical efficiency using a stochastic ray frontier production model A possible model extension is to incorporate a technical efficiency effects model to allow estimation of the...

Persistent link: https://www.econbiz.de/10005423780

Efficient inference on fractionally integrated panel data models with fixed effects

Robinson, Peter M.; Velasco, Carlos - London School of Economics (LSE) - 2015

A dynamic panel data model is considered that contains possibly stochastic individual components and a common stochastic time trend that allows for stationary and nonstationary long memory and general parametric short memory. We propose four different ways of coping with the individual effects...

Persistent link: https://www.econbiz.de/10011171755

Internal Markets and Health Care Efficiency: A Multiple-Output Stochastic Frontier Analysis

Gerdtham, Ulf-G.; Löthgren, Mickael; Tambour, Magnus; … - Economics Institute for Research (SIR), … - 1998

This paper has two purposes. The first purpose is methodological and aims to extend previous work on efficiency analysis by implementing a multiple-output stochastic ray frontier production function model. This model generalizes the single-output stochastic frontier model to multiple-input,...

Persistent link: https://www.econbiz.de/10005649481