Baltagi, Badi H.; Bresson, Georges; Griffin, James M.; … - In: Empirical Economics 28 (2003) 4, pp. 795-811
This paper contrasts the performance of heterogeneous and shrinkage estimators versus the more traditional homogeneous panel data estimators. The analysis utilizes a panel data set from 21 French regions over the period 1973–1998 and a dynamic demand specification to study the gasoline demand...
