Empirical Economics

Edited by: 

Baldev Raj and Badi H. Baltagi
 

Panel Data Analysis

"The articles in this collection have been organized into three sections viz, i) Data and Modelling Strategies, ii) Theoretical Results and iii) Applications.  There are a total of seven papers in the third section which cover a variety of applications in various subdisciplines in economics; the papers have been divided into three sub-sections; (a) Modelling of Dividend Behavior in the United States, Econometrics of Long-Distance Calling in Canada, and Productive Efficiency of Free Standing Health Clinics in the United States, (b) Applied Labor Studies and (c) Studies of Unemployment Compensation and Direct Foreign Investment."   

Contents 
Preface 

Introduction and Overview 
 
I.  Data and Modelling Strategies
    Can Cohort Data Be Treated as Genuine Panel Data?  
       M. Verbeek and T. Nijman
    Estimating Time-Dependent Means in Dynamic Models for Cross-Sections of Time Series 
       P. Marshall
    Using Panel Data to Estimate Risk Effects in Seemingly Unrelated Production Functions 
       G.H. Wan, W.E. Griffiths and J.R. Anderson
    
II.  Theoretical Results
      The Bias of some Estimators for Panel Data Models With Measurement Errors
         E. Biorn
      Models for Which the MLE and the Conditional MLE Coincide
         C. Cornwell and P. Schmidt
      Exact Equivalence of Instrumental Variable Estimators in an Error Component 
      Structural System     
         N.S. Revankar
      A Survey of Recent Theoretical Developments in the Econometrics of Panel Data
         B.H. Baltagi and B. Raj

III.  Applications
       a) Models of Dividend Behavior: Long-Distance Calling and Freestanding Health 
          Centres Estimating and Specification Analysis of Models of Dividend Behavior Based 
          on Censored Panel Data
             B.S. Kim and G.S. Maddala
          Econometric Modelling of Canadian Long Distance Calling: A Comparison of Aggregate  
          Time Series Versus Point-to-Point Panel Data Approaches
             T.W. Appelbe, C. R. Dineen, D.L. Solvason and C. Hsiao
          A Panel Data Analysis of Productive Efficiency in Freestanding Health Clinics
             S.C. Johnson and K. Lahiri
       b) Applied Labor Studies
          Heterogeneous Labor and the Dynamics of Aggregated Labor Demand:  Some
          Estimations Using Panel Data
             G.Bresson, F. Kramarz, and P. Sevestre
          How Fragile are Male Labor Supply Function Estimates?
             K. Smith Conway and T.J. Kniesner
       c) Studies of Unemployment Compensation and Direct Foreign Investment Unemployment
          Compensation and Episodes of Nonemployment   
             R.M. Gritz and T.E. MaCurdy
          A Random Coefficient Simultaneous Equation System with an Application to Direct 
          Foreign Investment by French Firms
             P. Balestra and S. Negassi