Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/85840
Authors: 
Bun, Maurice J.G.
Kiviet, Jan F.
Year of Publication: 
2002
Series/Report no.: 
Tinbergen Institute Discussion Paper 02-099/4
Abstract: 
The relative magnitudes are compared of successive terms in a higher-order asymptotic expansion of the bias of the LSDV estimator in dynamic panels. We find that the leading term accounts for the major part of the actual bias in small samples. This implies that bias correction procedures can be based on relatively simple bias approximation formulas.
Subjects: 
Mymptotic expansion
biM approximation
dynamic panel data model
finite sample biM
LSDV estimator
JEL: 
C13
C23
Document Type: 
Working Paper

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