Dynamic panel data models: a guide to micro data methods and practice

By Stephen R. Bond. 2002

3,225 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/35ff6451f2b539f436924c8ebfe6a5398ca3cedf

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In Economics and Econometrics

Citations in the corpus

FDI and productivity convergence in Central and Eastern Europe: an industry-level investigation (2010, neutral): “3 Only some very recent studies have used the EU KLEMS database for research on transition economies.”
Bureaucratic Minimal Squawk Behavior: Theory and Evidence from Regulatory Agencies (2009, methodology): “Thus, while the Within (fixed effects) transformation successfully removes ci, failure of strict exogeneity results in estimates of ρ that are biased downwards, at least for small T (see Bond 2002).”
Estimating Dynamic Panel Models in Corporate Finance (2013, positive): “OLS Ordinary Least Squares ignores the data's panel structure and generally produces an upward-biased coefficient estimate for the lagged dependent variable in the presence of unobserved heterogeneity (Bond (2002)).”
More on the relationship between corporate governance and firm performance in the UK : evidence from the application of generalized method of moments estimation (2016, background): “A consistent and significant estimator from GMM regressions is expected to lie between the OLS and the fixed effects estimator, or at least should not be significantly higher from the former or significantly lower than the latter (Bond, 2009).”
Resource Windfalls, Political Regimes, and Political Stability (2016, neutral): “…the data in deviations from the group mean, producing a mechanical correlation between the transformed lagged dependent variable and the transformed error term (Nickell, 1981; Bond, 2002). system-GMM estimation (Blundell & Bond, 1998).25 The system-GMM results are very close to the original OLS.”
Intra- and extra-bank determinants of Latin American Banks' profitability (2016, methodology): “To address this problem, we estimate our model using Blundell and Bond (1998)'s and Bond (2002)'s panel data system estimator.”
Ownership Structure and Firm Performance: Evidence from Vietnamese Listed Firms (2016, background): “…the time invariant effect vi, but the transformed lagged dependent variable6 is correlated with the transformed error term u ui t i, −( ) and yi,t−1 is correlated with ui,t−1 (Baltagi, 2005); this leads to the conclusion that the within transformation estimator is inconsistent (Bond, 2002).”
Corruption, Types of Corruption and Firm Financial Performance: New Evidence from a Transitional Economy (2018, background): “Moreover, even if the estimated coefficients on lagged dependent variables are not of direct interest of the empiricists, ‘‘allowing for dynamics in the underlying process may be crucial for recovering consistent estimates of other parameters’’ (Bond 2002, p. 142).”