Generalized method of moments' characteristics and its application on paneldata
Generalized Method of Moments(GMM) is an estimation procedure that allows econometric models especially in panel data to be specified while avoiding often unwanted or unnecessary assumption, such as specifying a particular distribution for the errors, Panel data is combination of time series and cro...
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| Language: | English |
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Sci.Int.(Lahore)
2014
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| Online Access: | http://irep.iium.edu.my/38201/ http://irep.iium.edu.my/38201/3/Sci._Int_%28Lahore%29_Generalised_method.pdf |
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| author | Utami, Bernadhita H. S Warsono, Dian Kurniasari Usman, Mustofa Elfaki, Faiz Ahmed Mohamed |
| author_facet | Utami, Bernadhita H. S Warsono, Dian Kurniasari Usman, Mustofa Elfaki, Faiz Ahmed Mohamed |
| author_sort | Utami, Bernadhita H. S |
| building | IIUM Repository |
| collection | Online Access |
| description | Generalized Method of Moments(GMM) is an estimation procedure that allows econometric models especially in panel data to be specified while avoiding often unwanted or unnecessary assumption, such as specifying a particular distribution for the errors, Panel data is combination of time series and cross section data that contain observations on thousands of individuals or families, each observed as several points in time. Furthermore, the Generalized Method of Moments estimator is obtained by minimizing the criterion function bu making sample moment match the population moment. The point of this research is to analyze characteristics GMM estimator on panel data fixed effect models especially unbiasedness, variance minimum, consistency, and normal asymptotic distributed estimator properties. This paper also provide the application of GMM estimation on the area of "Cost for United States Airlines on Six Firms from 1970-1984". |
| first_indexed | 2025-11-14T15:51:30Z |
| format | Article |
| id | iium-38201 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T15:51:30Z |
| publishDate | 2014 |
| publisher | Sci.Int.(Lahore) |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-382012015-01-07T18:40:00Z http://irep.iium.edu.my/38201/ Generalized method of moments' characteristics and its application on paneldata Utami, Bernadhita H. S Warsono, Dian Kurniasari Usman, Mustofa Elfaki, Faiz Ahmed Mohamed TA329 Engineering mathematics. Engineering analysis Generalized Method of Moments(GMM) is an estimation procedure that allows econometric models especially in panel data to be specified while avoiding often unwanted or unnecessary assumption, such as specifying a particular distribution for the errors, Panel data is combination of time series and cross section data that contain observations on thousands of individuals or families, each observed as several points in time. Furthermore, the Generalized Method of Moments estimator is obtained by minimizing the criterion function bu making sample moment match the population moment. The point of this research is to analyze characteristics GMM estimator on panel data fixed effect models especially unbiasedness, variance minimum, consistency, and normal asymptotic distributed estimator properties. This paper also provide the application of GMM estimation on the area of "Cost for United States Airlines on Six Firms from 1970-1984". Sci.Int.(Lahore) 2014 Article PeerReviewed application/pdf en http://irep.iium.edu.my/38201/3/Sci._Int_%28Lahore%29_Generalised_method.pdf Utami, Bernadhita H. S and Warsono, Dian Kurniasari and Usman, Mustofa and Elfaki, Faiz Ahmed Mohamed (2014) Generalized method of moments' characteristics and its application on paneldata. Science International Lahore, 26 (3). pp. 985-990. ISSN 1013-5316 |
| spellingShingle | TA329 Engineering mathematics. Engineering analysis Utami, Bernadhita H. S Warsono, Dian Kurniasari Usman, Mustofa Elfaki, Faiz Ahmed Mohamed Generalized method of moments' characteristics and its application on paneldata |
| title | Generalized method of moments' characteristics and its application on paneldata |
| title_full | Generalized method of moments' characteristics and its application on paneldata |
| title_fullStr | Generalized method of moments' characteristics and its application on paneldata |
| title_full_unstemmed | Generalized method of moments' characteristics and its application on paneldata |
| title_short | Generalized method of moments' characteristics and its application on paneldata |
| title_sort | generalized method of moments' characteristics and its application on paneldata |
| topic | TA329 Engineering mathematics. Engineering analysis |
| url | http://irep.iium.edu.my/38201/ http://irep.iium.edu.my/38201/3/Sci._Int_%28Lahore%29_Generalised_method.pdf |