Malikov, Emir; Kumbhakar, Subal C. - In: Economics Letters 124 (2014) 3, pp. 353-357
This paper considers a generalized panel data model of polychotomous and/or sequential switching which can also accommodate the dependence between unobserved effects and covariates in the model. We showcase our model using an empirical illustration in which we estimate scope economies for the...