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This article describes a new Stata routine, xtbcfe, that performs the iterative bootstrap-based bias correction for the fixed effects (FE) estimator in dynamic panels proposed by Everaert and Pozzi (Journal of Economic Dynamics and Control, 2007). We first simplify the core of their algorithm...
Persistent link: https://www.econbiz.de/10011268870
The Environmental Kuznets Curve hypothesis posits an inverse U- shaped relation between environmental pollution and income. The empirical literature has largely ignored the time series properties of the data used to test the EKC. This paper uses Monte Carlo experiments to analyse whether the...
Persistent link: https://www.econbiz.de/10004983197
The discussion on open innovation suggests that the ability to absorb external knowledge has become a major driver for competition. In the case of inbound open innovation, companies screen their environment to search for the appropriate technology and knowledge and do not exclusively rely on...
Persistent link: https://www.econbiz.de/10008491323