Hayakawa, Kazuhiko - Institute of Economic Research, Hitotsubashi University - 2006
GMM estimator, and (2) inaccuracy of inference, in dynamic panel data models where unobservable heterogeneity may be large …
Hi-Stat
Discussion Paper Series
No.130
Efficient GMM Estimation of Dynamic Panel Data
Models … of Dynamic Panel Data
Models Where Large Heterogeneity May Be Present
Kazuhiko Hayakawa
∗†
Graduate School of Economics …