1. Baltagi - Econometric Analysis of Panel Data
Econometric Analysis of Panel Data
Badi H. Baltagi
Badi H. Baltagi earned his PhD in Economics at the University of Pennsylvania in 1979. He joined the faculty at Texas A&M University in 1988, having served previously on the faculty at the University of Houston. He is the author of Econometric Analysis of Panel Data and Econometrics, and editor of A Companion to Theoretical Econometrics; Recent Developments in the
Econometrics of Panel Data, Volumes I and II; Nonstationary Panels, Panel Cointegration, and
Dynamic Panels; and author or co-author of over 100 publications, all in leading economics and statistics journals. Professor Baltagi is the holder of the George Summey, Jr. Professor
Chair in Liberal Arts and was awarded the Distinguished Achievement Award in Research.
He is co-editor of Empirical Economics, and associate editor of Journal of Econometrics and
Econometric Reviews. He is the replication editor of the Journal of Applied Econometrics and the series editor for Contributions to Economic Analysis. He is a fellow of the Journal of
Econometrics and a recipient of the Plura Scripsit Award from Econometric Theory.
Econometric Analysis of Panel Data
Third edition
Badi H. Baltagi
Copyright
C
2005
John Wiley & Sons Ltd, The Atrium, Southern Gate, Chichester,
West Sussex PO19 8SQ, England
Telephone
(+44) 1243 779777
Email (for orders and customer service enquiries): cs-books@wiley.co.uk
Visit our Home Page on www.wileyeurope.com or www.wiley.com
All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except under the terms of the Copyright, Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency Ltd, 90 Tottenham
Court Road, London W1T 4LP, UK, without the permission in writing of the Publisher.
Requests to
Badi H. Baltagi
Badi H. Baltagi earned his PhD in Economics at the University of Pennsylvania in 1979. He joined the faculty at Texas A&M University in 1988, having served previously on the faculty at the University of Houston. He is the author of Econometric Analysis of Panel Data and Econometrics, and editor of A Companion to Theoretical Econometrics; Recent Developments in the
Econometrics of Panel Data, Volumes I and II; Nonstationary Panels, Panel Cointegration, and
Dynamic Panels; and author or co-author of over 100 publications, all in leading economics and statistics journals. Professor Baltagi is the holder of the George Summey, Jr. Professor
Chair in Liberal Arts and was awarded the Distinguished Achievement Award in Research.
He is co-editor of Empirical Economics, and associate editor of Journal of Econometrics and
Econometric Reviews. He is the replication editor of the Journal of Applied Econometrics and the series editor for Contributions to Economic Analysis. He is a fellow of the Journal of
Econometrics and a recipient of the Plura Scripsit Award from Econometric Theory.
Econometric Analysis of Panel Data
Third edition
Badi H. Baltagi
Copyright
C
2005
John Wiley & Sons Ltd, The Atrium, Southern Gate, Chichester,
West Sussex PO19 8SQ, England
Telephone
(+44) 1243 779777
Email (for orders and customer service enquiries): cs-books@wiley.co.uk
Visit our Home Page on www.wileyeurope.com or www.wiley.com
All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except under the terms of the Copyright, Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency Ltd, 90 Tottenham
Court Road, London W1T 4LP, UK, without the permission in writing of the Publisher.
Requests to
References: Wu, Y., 1996, Are real exchange rates nonstationary? Evidence from a panel data set, Journal of Money, Credit and Banking 28, 54–63. Wyhowski, D.J., 1994, Estimation of a panel data model in the presence of correlation between regressors and a two-way error component, Econometric Theory 10, 130–139. Yin, Y. and S. Wu, 2000, Stationarity tests in heterogeneous panels, Advances in Econometrics 15, 275–296. Zabel, J., 1992, Estimating fixed and random effects models with selectivity, Economics Letters 40, 269–272. Zhang, W. and L.F. Lee, 2004, Simulation estimation of dynamic discrete choice panel models with accelerated importance samplers, Econometrics Journal 7, 120–142. Zellner, A., 1962, An efficient method of estimating seemingly unrelated regression and tests for aggregation bias, Journal of the American Statistical Association 57, 348–368. Ziemer, R.F. and M.E. Wetzstein, 1983, A Stein-rule method for pooling data, Economics Letters 11, 137–143. Ziliak, J.P., 1997, Efficient estimation with panel data when instruments are predetermined: An empirical comparison of moment-condition estimators, Journal of Business and Economic Statistics 15, 419–431. Ziliak, J.P. and T.J. Kniesner, 1998, The importance of sample attrition in life cycle labor supply estimation, Journal of Human Resources 33, 507–530.