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

This paper develops an estimator for higher-order spatial autoregressive panel data error component models with spatial …

, using recent bootstrap panel cointegration techniques and SUR methods. We investigate the magnitude of the relationship … panel cointegration tests used allow for within and between correlation, while the SUR results show both positive and … balances. -- Budget balance ; external balance ; EU ; panel cointegration …

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 … effects are also important. -- innovation ; panel bivariate tobit model ; innovation expenditures …

period 1970-2007, for different EU and OECD country groupings. We use the panel-data approach of Kónya (2006), which is based … effective real exchange rate in the SUR system does not substantially alter the results. -- Panel causality tests ; budget …

The paper explores the effect of measurement errors on the estimation of a linear panel data model. The conventional …. -- Panel regression ; multiplicative measurement errors ; bias correction ; asymptotic variance ; disclosure control …

like Spiegel and Spulber [1997, RAND Journal of Economics] highlight that effect. The present paper considers a panel data …) and gross investment (INV) in physical capital. The evidence accruing from a dynamic panel data estimation indicates an … ; dynamic panel data …

an application to the estimation of panel data models with an infinite number of weak factors and a finite number of …