8/3/2019 PanelData Course at KU
2/3
Baltagi, Chapter 8 Hsiao, Chapter 4 Arellano, Chapters 5-8
3. Variable Coefficient Models Hsiao Chapter 6
4. Limited Dependent Variables, Selection Bias Baltagi, Chapter
11 Hsiao, Chapters 7-8
5. Unbalanced Panel Data Baltagi, Chapter 9 Hsaio, Chapter 9
6. Non Stationary Panels Baltagi, Chapter 12
Readings:
1. Error Component Model: Some Examples Baltagi, B. H., and J.
M. Griffin (1983) Gasoline Demand in the OECD
European Economic Review 22, 117-137. Cardellichio, P. A. (1990)
Estimation of Production Behavior Using Pooled
MicrodataReview of Economics and Statistics 72, 11-18.
Owusu-Gyapong, A. (1986) Alternative Estimating Techniques for
PanelData on Strike ActivityReview of Economics and Statistics 68,
526-531.
Attanasio, O.P., L. Picci, and A. Scorcu, (2000), Saving,
Growth, andInvestment: A Macroeconomic Analysis Using a Panel of
Countries,Review
of Economics and Statistics, Vol. 82, pp. 182-211.
2. Simultaneous Equations with Error Components: Cornwell, C.,
and W. N. Trumbull (1994) Estimating the Economic Model of
Crime with Panel DataReview of Economics and Statistics 76,
360-366.
3. Fixed vs. Random: Mincer Wage Equation using PSID Data
Cornwell, C. and P. Rupert (1988) Efficient Estimation with Panel
Data: An
Empirical Comparison on Instrumental Variables EstimatorsJournal
of
Applied Econometrics3, 149-155.
8/3/2019 PanelData Course at KU
3/3
4. Dynamic Panel Data Models: Arellano, M., and S. Bond (1991)
Some Tests of Specification for Panel
Data: Monte Carlo Evidence and an Application to Employment
Equations
Review of Economic Studies, 277-297.
Baltagi, B. H., J. M. Griffin and W. Xiong (2000) To Pool or Not
to Pool:Homogeneous Versus Heterogeneous Estimators Applied to
CigaretteDemand Review of Economics and Statistics82, 117-126
Caselli, F., G. Esquivel, and F. Lefort, (1996), Reopening the
ConvergenceDebate: A New Look at Cross-Country Growth
Empirics,Journal of
Economic Growth, Vol. 1, pp. 363-390.
Lee, K., M.H. Pesaran, and R.P. Smith, (1997), Growth and
Convergence ina Multi-Country Empirical Stochastic Solow
Model,Journal of AppliedEconometrics, Vol. 12, pp. 357-392.
Holtz-Eakin, D., W. Newey, and H.S. Rosen, (1988), Estimating
VectorAutoregressions with Panel Data,Econometrica, Vol. 56, pp.
1371-1395.
Pesaran, M.H., Y. Shin, and R.P. Smith, (1998), Pooled Mean
GroupEstimation of Dynamic Heterogeneous Panels,Journal of the
AmericanStatistical Association, Vol. 94, pp. 621-634.
Pesaran, M.H. and R.P. Smith, (1995), Estimating Long-Run
Relationshipsfrom Dynamic Heterogeneous Panels,Journal of
Econometrics, Vol. 68, pp.
79-113.
5. Limited Dependent Variables Panel Data Models:6.
Non-Stationary Panels: Empirical Examples
Frankel, J.A. and A.K. Rose, (1996), A Panel Project on
Purchasing PowerParity: Mean Reversion Within and Between
Countries,Journal of InternationalEconomics, Vol. 40, pp.
209-224.
Levin, A., C-F Lin, C-S J. Chu (2002) Unit Root Tests in Panel
Data:Asymptotic and Finite-Sample PropertiesJournal of Econometrics
108, 1-24.
K. S. Im, M. H. Pesaran, and Y Shin (2003) Testing for Unit
Roots inHeterogeneous PanelsJournal of Econometrics 115, 53-74.
