PARK, Byeong; SICKLES, Robin; SIMAR, Léopold - Center for Operations Research and Econometrics (CORE), … - 1993
This paper generalizes the results of Hausman and Taylor (1981), Schmidt and Sickles (1984), Cornwell, Schmidt and Sickles (1990) and Park and Simar (1992) to the efficient IV estimation of panel models in which the random effects are correlated with a subset of the regressors. The model in...
