Testing for Cross-Sectional Dependence in Panel-Data Models
By Rafael de Hoyos, Vasilis Sarafidis. 2006
1,240 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Sociology and Political Science
View Paper: https://www.semanticscholar.org/paper/ca68c80ae2dcbb45ce78fc85a91b79fc7bfa462d
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In Economics and Econometrics
- Muhammad Shahbaz
- Anis Omri
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In Sociology and Political Science
Citations in the corpus
- The Impact of Disasters on Inflation (2017, neutral): “However, in the subsequent two quarters there is a negative and significant impact on inflation, 4The Pesaran (2004) test is carried out in Stata using the xtcsd command of Hoyos and Sarafidis (2006).”
- Robust Standard Errors for Panel Regressions with Cross-Sectional Dependence (2007, methodology): “In Stata, pooled OLS regressions with panel corrected standard errors can be estimated with the xtpcse command.”
- Multilateral Resistance to Migration (2013, neutral): “(47)We opted for the test for cross-sectional dependence proposed by Frees (1995) over the alternative test proposed by Pesaran (2004) as the latter could lack power and “miss out cases of cross-sectional dependence where the sign of the correlations is alternating” (De Hoyos and Sarafidis, 2006), b”
- Trade openness–carbon emissions nexus: The importance of turning points of trade openness for country panels (2016, background): “De Hoyos and Sarafidis (2006) note that the presence of cross-sectional dependence in cross country panels may be due to unobserved common shocks that become part of the error terms.”
- The Implications of Natural Resource Exports for Nonresource Trade (2016, neutral): “helps, as they control for cross-sectional dependence to the extent the impact of common shocks is identical across countries (De Hoyos and Sarafidis, 2006). Theory gives guidance on the sources from which remaining cross-sectional dependence may arise, empirically captured by the control variables ”