Panel Data: Theory and Applications

ISBN-13: 9783790824551 / Angielski / Miękka / 2010 / 380 str.

Badi H. Baltagi

Opis

The present book is a collection of panel data papers, both theoretical and applied. Theoretical topics include methodology papers on panel data probit models, treatment models, error component models with an ARMA process on the time specific effects, asymptotic tests for poolability and their bootstrapped versions, confidence intervals for a doubly heteroskedastic stochastic production frontiers, estimation of semiparametric dynamic panel data models and a review of survey attrition and nonresponse in the European Community Household Panel. Applications include as different topics as e.g. the impact of uncertainty on UK investment, a Tobin-q investment model using US firm data, cost efficiency of Spanish banks, immigrant integration in Canada, the dynamics of individual health in the UK, the relation between inflation and growth among OECD and APEC countries, technical efficiency of cereal farms in England, and employment effects of education for disabled workers in Norway.

Spis treści

B.H. Baltagi: Introduction.- J.H. Abbring, G.J. van den Berg: Analyzing the effect of dynamically assigned treatments using duration models, binary treatment models, and panel data models.- W. Greene: Convenient estimators for the panel probit model: Further results.- P. Contoyannis, A.M. Jones, N. Rice: Simulation-based inference in dynamic panel probit models: An application to health.- S. Karlsson, J. Skoglund: Maximum-likelihood based inference in the two-way random effects model with serially correlated time effects.- M.J.G. Bun: Testing poolability in a system of dynamic regressions with nonspherical disturbances.- B.H. Baltagi, G. Bresson, A. Pirotte: Tobin q: Forecast performance for hierarchical Bayes, shrinkage, heterogeneous and homogeneous panel data estimators.- C. Driver, K. Imai, P. Temple, G. Urga: The effect of uncertainty on UK investment authorisation: Homogeneous vs. heterogeneous estimators.- D. Hum, W. Simpson: Reinterpreting the performance of immigrant wages from panel data.- M. Gillman, M. Harris, L. Matyas: Inflation and growth: Explaining a negative effect.- L. Orea, S. Kumbhakar: Efficiency measurement using a latent class stochastic frontier model.- S. Kumbhakar: Productivity and technical change: Measurement and testing.- R. Chakir, A. Bousquet, N. Ladoux: Modeling corner solutions with panel data: Application to the industrial energy demand in France.- F. Peracchi: The European Community Household Panel: A review.- T.J. Knieser, Qi Li: Nonlinearity in dynamic adjustment: Semiparametric estimation of panel labor supply.- K. Hadri, C. Guermat, J. Whittaker: Estimation of technical inefficiency effects using panel data and doubly heteroscedastic stochastic production frontiers.- P. Egger, M. Pfaffermayr: The proper panel econometric specification of the gravity equation: A three-way model with bilateral interaction effects.- D. Parent: Employer-supported training in Canada and its impact on mobility and wages.- Ho Tsung-wu: A panel cointegration approach to the investment-saving correlation.- A. Aakvik: Estimating the employment effects of education for disabled workers in Norway.- B. Fitzenberger, C. Kurz: New insights on earnings trends across skill groups and industries in West Germany.

O autorze

Badi H. Baltagi is distinguished Professor of Economics, and Senior Research Associate at the Center for Policy Research, Syracuse University. He received his Ph.D. in Economics at the University of Pennsylvania in 1979. Before joining Syracuse University, he served on the faculty at the University of Houston and Texas University. He is a fellow of the Journal of Econometrics and a recipient of the Multa and Plura Scripsit Awards from Econometric Theory.

Blurb

The present book is a collection of panel data papers, both theoretical and applied. Theoretical topics include methodology papers on panel data probit models, treatment models, error component models with an ARMA process on the time specific effects, asymptotic tests for poolability and their bootstrapped versions, confidence intervals for a doubly heteroskedastic stochastic production frontiers, estimation of semiparametric dynamic panel data models and  review of survey attrition and nonresponse in the European Community Household Panel. Applications include the impact of  uncertainty on UK investment, a Tobin-q investment model using US firm data, technical change in the Japanese chemical industry, cost efficiency of Spanish banks, the problem of immigrant integration in Canada, an analysis of the dynamics of individual health in the UK, the relationship between inflation and growth among OECD and APEC countries, modeling corner solutions in the industrial energy demand in the pulp and paper sector in France, technical efficiency of cereal farms in England, employment-supported training in Canada, earnings trends across skill groups and industries in West Germany, employment effects of education for disabled workers in Norway, a three-way gravity model with bilateral interaction effects for APEC countries and a panel cointegration approach to the Feldstein-Horioka investment-saving puzzle.