Modeling Dynamics in Time-SeriesCross-Section Political Economy Data

By Nathaniel Becky, Jonathan N. Katz. 2011

800 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/3ccf8ab663607d906acb0004e464793a88d7bd25

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Citations in the corpus

• The Dynamics of State Policy Liberalism, 1936–2014 (2016, background): “…more conservative specification that includes a lagged dependent variable (LDV) as well as state and year FEs.28 One advantage of a long time series is the finite-sample bias of LDV-FE models is of order 1/T and thus decreases rapidly as the number of time units increases (Beck and Katz 2011, 342).”
• The causes of rising wage inequality: the race between institutions and technology (2016, methodology): “…technology and paysetting institutions on wage inequality, we analyse single-equation error correction models (ECMs) that can accommodate stationary and non-stationary variables, given that the errors are stationary (De Boef and Keele, 2008; Beck and Katz, 2011),9 and fit cointegrated data.”
• External Shocks, Internal Shots: The Geography of Civil Conflicts (2012, background): “Our coefficients might be biased when using conflict incidence if the latter is highly persistent as we do not include lags of the dependent variable (Beck & Katz, 2011) as regressors.”
• Does foreign aid harm political institutions (2015, methodology): “…lag (ADL) structure, which is recommended for general use in time-series cross-section settings containing either stationary or non-stationary series (Judson and Owen, 1999; De Boef and Keele, 2008; Beck and Katz, 2011).6 Versions of this specification have been used in previous similar studies.”
• Do Implicit Barriers Matter for Globalization (2013, background): “Bekaert and Harvey (1995) combine the two polar specifications of full integration and complete segmentation to assess the time-varying probability that markets conform to one of the two regimes.”
• More effective than we thought: Central bank independence and inflation in developing countries (2020, neutral): “– it is 33 in our case – the bias is significantly reduced (Beck and Katz, 2011; Beck et al., 2014).”