unbalanced panel of enterprise data from five waves of the Community Innovation Survey during 1994-2004. We estimate by maximum … likelihood a dynamic panel data bivariate tobit with double-index sample selection accounting for individual effects. We find …

specification of competition based on relative profits. Using a large Dutch firm-level panel database over the period 1989-2005, we …

This paper investigates the empirical relevance of different unemployment theories in three major economies, namely the … UK, the US and Japan, by estimating the degree of dependence in the unemployment series. Both univariate and multivariate …. Specifically, when taking a univariate approach, the unit root null cannot be rejected in case of the UK and Japanese unemployment …

This paper develops a model for dynamic binary choice panel data that allows for unobserved heterogeneity to be …

panel of 145 countries during the period 1970-2007. The main finding is that windfalls from international commodity price …

equations across pairs or regional units or even across cross-sectional units and time inevitably leads to a panel data … their panel econometric generic structure. The issues covered range from the estimation of double-indexed versus higher …

This paper considers a class of GMM estimators for general dynamic panel models, allowing for cross sectional …

coefficients in the case of panel data models when the time dimension (T) is fixed while the cross section dimension (N) is allowed … the panel. It is shown that the pooled estimator remains consistent so long as δ < 1, and is asymptotically normally …