Buddelmeyer, Hielke; Jensen, Paul H.; Oguzoglu, Umut; … - 2008
all perform well in both short and long panels. However, OLS outperforms the other estimators when the following holds … IV, Kiviet’s bias-corrected LSDV and GMM estimators all perform well in both short and
long panels. However, OLS … fixed-effects constant across all draws.
2
Several estimators are compared: a cross-sectional OLS, the LSDV, an instrumental …