elasticities of demand for industrial-country exports might differ from those of industrial countries. Five estimation techniques …, including a generalized method of moments (GMM) and random coefficient (RC) estimation, are employed on panel data covering the … estimation period 1977:1-2003:4 using three measures of volatility. In contrast to recent studies employing panel data, we do not …

. The third issue discusses the uncertainty associated to the estimation of a reduced form relationship for the real … exchange rate, concluding that inference can be improved by panel estimation. The fourth and final issue addresses the presence … of strong and weak cross section dependence in panel estimation, suggesting which panel estimators one could use in this …

for producing a single final product. Estimation of pass-through was done using World Input-Output Database (WIOD), World … cause a systematic upward bias in the estimation of ERPT. From empirical investigation, it is also evident that there exists …