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Estimating Dynamic Panel Data Models: A Practical Guide ...

Estimating Dynamic Panel Data Models: A Practical Guide ...

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a panel of countries to show that increases in income growth precede increases in ... available from the authors upon request. 4 Several estimators have been proposed to estimate Equation (1) when T is not large. 2 Anderson and Hsiao (1981) propose two instrumental variable procedures. To remove the fixed

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