Offermanns, Christian J. - 2014
approaches to model cross-section homogeneity within such panels. It allows for partial influence of other cross-section units on … estimated coefficients, differentiating between short-run and long-run homogeneity, and determines the optimal degree of such … homogeneity. The issue of cross-section homogeneity emerges as a special case of categorical conditioning. Applying our model to …