Large Panels with Common Factors and Spatial Correlation

By M. Pesaran, Elisa Tosetti. 2011

250 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/d584a7f99f4c5d5634b01fe22dd17a41a5d2c8af

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In Economics and Econometrics

Citations in the corpus

Common correlated effects estimation of heterogeneous dynamic panel quantile regression models (2020, unknown): “…dependence and slope heterogeneity, and it has been further developed to allow for possible unit roots in factors and spatial forms of weak cross-sectional dependence (see e.g., Kapetanios, Pesaran, and Yagamata (2011), Pesaran and Tosetti (2011) and Pesaran, Smith and Yagamata (2013)).”
Large Panel Data Models with Cross-Sectional Dependence: A Surevey (2013, background): “I Chudik, Pesaran and Tosetti (2011) prove consistency and asymptotic normality of the CCE estimators when errors are subject to a nite number of unobserved strong factors and an in nite number of weak and/or semi-strong unobserved common factors, provided that certain conditions on the loadings of…”
Multilateral Resistance to Migration (2013, unknown): “…(Driscoll and Kraay, 1998; Hoechle, 2007; Coakley, Fuertes, and Smith, 2002), and with the endogeneity of the regressors (Pesaran, 2006; Bai, 2009; Pesaran and Tosetti, 2011).12 10This huge effect is in line with the findings of Bertoli, Fernández-Huertas Moraga, and Ortega (2011) for the case…”
Weak and Strong Cross Section Dependence and Estimation of Large Panels (2011, unknown): “Taking conditional variance of (23) and using (21)-( 22 ) now yields (19)-(20).”
Specification Test for Panel Data Models with Interactive Fixed Effects (2014, unknown): “For example, Solow (1956) finds a negative relation between the two and Barro (1991) reinforces Solow’s prediction using a cross country data in the period of 1960 to 1985.”
Estimation and inference for spatial models with heterogeneous coefficients: An application to US house prices (2020, unknown): “For a formal exposition of the properties of the Mean Group estimators under heterogeneous ( √ N -consistent) and homogeneous slope coefficients ( √ NT -consistent) see Pesaran and Tosetti (2011).”
A practitioners' guide to gravity models of international migration (2016, unknown): “This is the methodology used by Bertoli and Fern andez-Huertas Moraga (2013) and Bertoli et al. (2013a), and it has the additional advantage of being robust even in the presence of residual cross-sectional dependence in the data (Pesaran and Tosetti, 2011).”