Kapetanios, George; Mitchell, James; Shin, Yongcheol - In: Journal of Econometrics 179 (2014) 2, pp. 134-157
or clustering type behaviour. At an econometric level, the model is shown to nest various extant dynamic panel data …This paper proposes a nonlinear panel data model which can endogenously generate both ‘weak’ and ‘strong’ cross … models. These include panel AR models, spatial models, which accommodate weak dependence only, and panel models where cross …