Growth rate convergence, fact or artifact? An essay on panel data econometrics / Marc Nerlove -- Do panel data rescue the purchasing power parity (PPP) theory? / G.S. Maddala, Shaowen Wu and Peter C. Liu -- Neglected heterogeneity and dynamics in cross-country savings regressions / Nadeem U....

In this paper we develop full information methods for estimating the parameters of a system of simultaneous equations with error component structure and establish relationships between the various structural estimators

In this paper, a random coefficient simultaneous equation system is used to study Direct Foreign Investment by French firms. The problem of formulating and estimating a random coefficient system is discussed at first in a general setting and an easily implementable solution is proposed. The...