Transcription of GMM ESTIMATION WITH PERSISTENT PANEL DATA: …
{{id}} {{{paragraph}}}
Example: barber
GMM ESTIMATION WITH PERSISTENT PANEL DATA: …
Downloaded By: [University College London] At: 16:01 25 June 2007 ECONOMETRIC REVIEWS, 19(3), 32 1-340 (2000) GMM ESTIMATION WITH PERSISTENT PANEL DATA: AN APPLICATION TO PRODUCTION FUNCTIONS Richard blundell University College London and Institute for Fiscal Studies Stephen Bond Nuffield College, Oxford and Institute for Fiscal Studies Key Words and Phrases: PANEL data; GMM; production functions JEL classification: C23, D24 ABSTRACT This paper considers the ESTIMATION of Cobb-Douglas production functions using PANEL data covering a large sample of companies observed for a small number of time periods. GMM estimators have been found to produce large finite-sample biases when using the standard first-differenced estimator.
Downloaded By: [University College London] At: 16:01 25 June 2007 322 BLUNDELL AND BOND ods. As detailed in the recent paper …
Loading..
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: