Performance of the operational Wansbeek-Bekker estimator for dynamic panel data models

Wansbeek and Bekker considered a new estimator for simple dynamic panel data models (where there are no exogenous variables) which involved a complex weighting matrix. An operational variant of this estimator is proposed which is applicable to the more realistic case where there are exogenous variab...

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Main Authors: Harris, Mark, Mátyás, L.
Format: Journal Article
Language:English
Published: ROUTLEDGE 2000
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/81822
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author Harris, Mark
Mátyás, L.
author_facet Harris, Mark
Mátyás, L.
author_sort Harris, Mark
building Curtin Institutional Repository
collection Online Access
description Wansbeek and Bekker considered a new estimator for simple dynamic panel data models (where there are no exogenous variables) which involved a complex weighting matrix. An operational variant of this estimator is proposed which is applicable to the more realistic case where there are exogenous variables. Also proposed is an easy-to-compute approximation to the weighting matrix. The performance of this (these) new estimator(s) is examined, revealing very desirable small sample properties in a wide range of situations that the applied researcher is likely to encounter, especially in moderate time series length panels.
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spelling curtin-20.500.11937-818222021-03-25T02:31:49Z Performance of the operational Wansbeek-Bekker estimator for dynamic panel data models Harris, Mark Mátyás, L. Social Sciences Economics Business & Economics Wansbeek and Bekker considered a new estimator for simple dynamic panel data models (where there are no exogenous variables) which involved a complex weighting matrix. An operational variant of this estimator is proposed which is applicable to the more realistic case where there are exogenous variables. Also proposed is an easy-to-compute approximation to the weighting matrix. The performance of this (these) new estimator(s) is examined, revealing very desirable small sample properties in a wide range of situations that the applied researcher is likely to encounter, especially in moderate time series length panels. 2000 Journal Article http://hdl.handle.net/20.500.11937/81822 10.1080/135048500351690 English ROUTLEDGE restricted
spellingShingle Social Sciences
Economics
Business & Economics
Harris, Mark
Mátyás, L.
Performance of the operational Wansbeek-Bekker estimator for dynamic panel data models
title Performance of the operational Wansbeek-Bekker estimator for dynamic panel data models
title_full Performance of the operational Wansbeek-Bekker estimator for dynamic panel data models
title_fullStr Performance of the operational Wansbeek-Bekker estimator for dynamic panel data models
title_full_unstemmed Performance of the operational Wansbeek-Bekker estimator for dynamic panel data models
title_short Performance of the operational Wansbeek-Bekker estimator for dynamic panel data models
title_sort performance of the operational wansbeek-bekker estimator for dynamic panel data models
topic Social Sciences
Economics
Business & Economics
url http://hdl.handle.net/20.500.11937/81822