within a dynamic spatial panel framework on the level of the 402 German small scale regions before. We use a detailed dataset … on this regional level and address the problem of endogeneity by using a System Generalized Method of Moments (GMM …

increasingly important sector in the German economy. Cross-sectional data from an innovation survey and panel data from a quarterly …

I derive the unconditional transformed likelihood function and its derivatives for a fixed-effects panel data model …

critique, the authors highlight general issues regarding dynamic panel analysis that are still less fully appreciated in the …

employment of General Method of Moments (GMM) estimation. …