Title of article
Bias-corrected estimation in dynamic panel data models with heteroscedasticity
Author/Authors
Maurice J.G. Bun، نويسنده , , Martin A. Carree، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
8
From page
220
To page
227
Abstract
This study extends earlier results on bias-corrected estimators for the fixed-effects dynamic panel data model. We derive the inconsistency of the LSDV estimator for finite T and N large in case of both time-series and cross-section heteroscedasticity and show how to implement it in bias correction procedures.
Keywords
Dynamic panel data model , Bias correction , Heteroscedasticity , Least squares dummy variable estimator
Journal title
Economics Letters
Serial Year
2006
Journal title
Economics Letters
Record number
435997
Link To Document