This paper considers testing the hypothesis that errors in a panel data model are weakly Cross-sectionally dependent … panel contains lagged values of the dependent variables, so long as there are no major asymmetries in the error distribution. …

output gaps, and can be applied when N is large relative to T (the time dimension of the panel). The proposed test is applied …

panel data error component model. We derive moment conditions to estimate the parameters of the higher order spatial …

estimated using panel data. The explanatory variables considered are productivity, unit labor costs, unit values, trade costs … period of eleven years. Panel and pooled estimation techniques (SUR-estimation, panel Feasible Generalized Least Squares … (panel/pooled FGLS)) will be utilized to better control for country-specific effects (differences between American …

characteristics of each individual. We implement panel data econometric techniques to characterize bilateral trade flows between …

-area currencies. First, using dynamic panel techniques, we estimate an error correction model for the dollar real exchange rate versus …