Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/327665 
Erscheinungsjahr: 
2025
Schriftenreihe/Nr.: 
CESifo Working Paper No. 12055
Verlag: 
Munich Society for the Promotion of Economic Research - CESifo GmbH, Munich
Zusammenfassung: 
Performing an analysis of variance (ANOVA) on a large dataset spanning many dimensions becomes computationally challenging or even infeasible. We develop a new, fast procedure, ANOVA-HDFE, which uses sequential linear regressions and builds on recent advances in regression analysis with high-dimensional fixed effects (HDFE). It accommodates both balanced and unbalanced settings with many categorical and continuous covariates, while also allowing for high-dimensional fixed effects. Applying ANOVA-HDFE to bilateral trade flows, we find that 60% of the variation is at the country or country-time level. Moreover, a substantial proportion of the pair-specific variation remains unexplained by standard trade cost proxy variables.
Schlagwörter: 
analysis of variance
high-dimensional fixed effects
large data
variation in high dimensions
variation of bilateral trade flows
asymmetric trade costs
ANOVA-HDFE
JEL: 
F14
C23
C55
F16
Dokumentart: 
Working Paper
Erscheint in der Sammlung:

Datei(en):
Datei
Größe





Publikationen in EconStor sind urheberrechtlich geschützt.