EconStor >
Institut für Weltwirtschaft (IfW), Kiel >
Economics: The Open-Access, Open-Assessment E-Journal - Discussion Papers >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/54675
  
Title:A note on the estimation of long-run relationships in panel equations with cross-section linkages PDF Logo
Authors:Di Iorio, Francesca
Fachin, Stefano
Issue Date:2012
Series/Report no.:Economics Discussion Papers 2012-1
Abstract:We address the issue of estimation and inference in dependent non-stationary panels of small cross-section dimensions. The main conclusion is that the best results are obtained applying bootstrap inference to single-equation estimators, such as FM-OLS and DOLS. SUR estimators perform badly, or are even unfeasible, when the time dimension is not very large compared to the cross-section dimension.
Subjects:Panel cointegration
FM-OLS
FM-SUR
DOLS
DSUR
JEL:C15
C23
C33
Creative Commons License:http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
Document Type:Working Paper
Appears in Collections:Economics: The Open-Access, Open-Assessment E-Journal - Discussion Papers

Files in This Item:
File Description SizeFormat
682943266.pdf189.33 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/54675

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.