Panel Data Econometrics: Theoretical Contributions and Empirical Applications

✍ Scribed by Badi H. Baltagi (Eds.)

• Publisher: Emerald Group Publishing Limited
• Year: 2006
• Leaves: 380
• Series: Contributions to Economic Analysis 274
• Edition: 1
• Category: Library

✦ Synopsis

Panel data econometrics has evolved rapidly over the last decade. Dynamic panel data estimation, non-linear panel data methods and the phenomenal growth in non-stationary panel data econometrics makes this an exciting area of research in econometrics. The 11th international conference on panel data held at Texas A&M University, College Station, Texas, June 2004, witnessed about 150 participants and 100 papers on panel data. This volume includes some of the papers presented at that conference and other solicited papers that made it through the refereeing process. "Contributions to Economic Analysis" was established in 1952. The series purpose is to stimulate the international exchange of scientific information. The series includes books from all areas of macroeconomics and microeconomics

✦ Table of Contents

Content:
Introduction to the Series
Page v
The Editors

Contents
Pages vii-viii

Preface
Pages ix-xiii
Badi H. Baltagi

List of Contributors
Pages xv-xvi

Chapter 1 On the Estimation and Inference of a Panel Cointegration Model with Cross-Sectional Dependence Review Article
Pages 3-30
Jushan Bai, Chihwa Kao

Chapter 2 A Full Heteroscedastic One-Way Error Components Model: Pseudo-Maximum Likelihood Estimation and Specification Testing Review Article
Pages 31-66
Bernard Lejeune

Chapter 3 Finite Sample Properties of FGLS Estimator for Random-Effects Model under Non-Normality Review Article
Pages 67-89
Aman Ullah, Xiao Huang

Chapter 4 Modelling the Initial Conditions in Dynamic Regression Models of Panel Data with Random Effects Review Article
Pages 91-117
I. Kazemi, R. Crouchley

Chapter 5 Time Invariant Variables and Panel Data Models: A Generalised Frisch–Waugh Theorem and its Implications Review Article
Pages 119-132
Jaya Krishnakumar

Chapter 6 An Intertemporal Model of Rational Criminal Choice Review Article
Pages 135-165
Robin C. Sickles, Jenny Williams

Chapter 7 Swedish Liquor Consumption: New Evidence on Taste Change Review Article
Pages 167-192
Badi H. Baltagi, James M. Griffin

Chapter 8 Import Demand Estimation with Country and Product Effects: Application of Multi-Way Unbalanced Panel Data Models to Lebanese Imports Review Article
Pages 193-228
Rachid Boumahdi, Jad Chaaban, Alban Thomas

Chapter 9 Can Random Coefficient Cobb–Douglas Production Functions be Aggregated to Similar Macro Functions? Review Article
Pages 229-258
Erik Biørn, Terje Skjerpen, Knut R. Wangen

Chapter 10 Conditional Heteroskedasticity and Cross-Sectional Dependence in Panel Data: An Empirical Study of Inflation Uncertainty in the G7 countries Review Article
Pages 259-277
Rodolfo Cermeño, Kevin B. Grier

Chapter 11 The Dynamics of Exports and Productivity at the Plant Level: A Panel Data Error Correction Model (ECM) Approach Review Article
Pages 279-305
Mahmut Yasar, Carl H. Nelson, Roderick M. Rejesus

Chapter 12 Learning about the Long-Run Determinants of Real Exchange Rates for Developing Countries: A Panel Data Investigation Review Article
Pages 307-325
Imed Drine, Christophe Rault

Chapter 13 Employee Turnover: Less is Not Necessarily More? Review Article
Pages 327-349
Mark N. Harris, Kam Ki Tang, Yi-Ping Tseng

Chapter 14 Dynamic Panel Models with Directors' and Officers' Liability Insurance Data Review Article
Pages 351-360
George D. Kaltchev

Chapter 15 Assessment of the Relationship between Income Inequality and Economic Growth: A Panel Data Analysis of the 32 Federal Entities of Mexico, 1960–2002 Review Article
Pages 361-381
Araceli Ortega-Díaz