A one-stage random effect counterpart of the fixed-effect vector decomposition model with anapplication to UK electricity distribution utilities
To deal with the presence of slowly changing variables, Plümper and Troeger (2007) proposed a fixed effects vector decomposition (FEVD) estimator, which is a three-stage procedure based on the fixed effects estimator. We show that this estimator moves between fixed effect and ordinary least squar...
| Main Authors: | , , |
|---|---|
| Format: | Working Paper |
| Published: |
University of Oviedo
2011
|
| Subjects: | |
| Online Access: | https://www.unioviedo.es/oeg/ESP/esp_2011_01.pdf http://hdl.handle.net/20.500.11937/22266 |