This paper modifies the Hausman and Taylor (1981) panel data estimator to allow for serial correlation in the remainder disturbances. It demonstrates the gains in efficiency of this estimator versus the standard panel data estimators that ignore serial correlation using Monte Carlo experiments.

Intellectual Property Rights (IPR) regimes for plant breeding are generally justified on the basis that they encourage innovation. Introduction of IPR regimes for plant varieties in the United States has led to increased concentration, but it is less clear whether IPRs have promoted useful...

As well as being a growing academic literature, SWB is now firmly on the public policy agenda. Likewise, the sports industry is viewed as being of growing economic significance, reflected in its promotion in public policy. This paper explores the impact of engagement with sports on individual...

We discuss fixed and random effects models in the context of educational research and set out the assumptions behind the two approaches. To illustrate the issues, we analyse the determinants of pupil achievement in primary school, using data from the Avon Longitudinal Study of Parents and...

The purpose of this paper is to examine Austrian foreign trade and estimate the country’s export function. The analysis is based on the gravity model of trade in the log-log form, augmented by additional variables in order to control for the impact of institutions on decision-making. Our panel...

A meta-analysis of reported water demand elasticities shows that publication selection bias results in water demand estimates that overstate price elasticities. The analysis uses panel data estimators to measure and adjust for publication bias. A random effects estimator is used to derive water...

This article investigates the premium and discount incentive mechanisms in the fed cattle grid pricing system. A pooled cross-sectional dataset containing carcass information on 598 fed steers evaluated weekly on the AMS publically reported price grid was constructed for the years 2001 to 2008...

This study uses Monte Carlo analysis to investigate the performances of five different meta-analysis (MA) estimators: the Fixed Effects (FE) estimator, the Weighted Least Squares (WLS) estimator, the Random Effects (RE) estimator, the Precision Effect Test (PET) estimator, and the Precision...

Before recent technological developments in telecom the use of available fixed line was limited to voice telecommunication only. At present the high frequencies on the subscriber line were used for high speed internet access. This Internet access technology is generally referred to as broadband....