Heterogeneity and cross section dependence in panel data models: Theory and applications introduction

By Badi H. Baltagi, M. Pesaran. 2007

332 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/1dac23ca40c56f026afbd64c69a0f6b196cc7086

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In Economics and Econometrics

1. C. Adjasi
2. T. Kaulihowa
3. T. Wansbeek
4. Vasilis Sarafidis
5. M. Eberhardt
6. F. Teal
7. Daniel Hoechle

Citations in the corpus

• FDI and income inequality in Africa (2018, background): “Baltagi and Pesaran (2007) critique these studies by pointing out that erroneously assuming cross-sectional independence when it does not hold, can lead to misleading inferences.”
• Cross-Sectional Dependence in Panel Data Analysis (2012, background): “i=1 e yi e Xib IPC e yi e Xib IPC 0 # b = b b VNT , (15) where b VNT is a diagonal matrix that consists of the M0 largest eigenvalues of the matrix 1 NT PN i=1 e yi e Xib IPC e yi e Xib IPC , arranged in decreasing order.”