Social capital, barriers to production and capital shares: implications for the importance of parameter heterogeneity from a nonstationary panel approach
By P. Pedroni. 2007
194 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Sociology and Political Science
View Paper: https://www.semanticscholar.org/paper/f3f29bfd95e2721fb8b656dc366504f34bfc50f3
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Citations in the corpus
- Growth, Development and Natural Resources: New Evidence Using a Heterogeneous Panel Analysis (2011, unknown): “…theoretical model does not include human capital, in the form of education, or social capital, in the form of social and political institutions, these unobserved and di¢ cult to measure factors are in fact captured by a j and d j t in our cointegrated panel speci(cid:133)cation, see Pedroni (2007).”
- Cross-section dependence in nonstationary panel models: a novel estimator (2009, background): “3This matches the assumption of the Pesaran (2006) CCEMG estimator (Pedroni, 2007).”
- Regional Income Divergence in China (2006, methodology): “Nevertheless, this is the basic approach that is used in the related current research of de Brauw and Pedroni (2005), which uses time variations in the relaxation of the Chinese Haikou system of household registration to study the role of interprovincial labor mobility for conditional income…”
- The effect of foreign aid on income inequality: Evidence from panel cointegration (2012, methodology): “Model Following common practice in (panel) cointegration studies (see, e.g., Herzer, 2008; Pedroni, 2007; Chintrakarn, et al., 2012), we estimate a bivariate model of the form”
- Trade openness, income levels, and economic growth: The case of developing countries, 1970–2009 (2015, background): “…panel cointegration estimators, such as those mentioned before, are robust to the problems associated with cross-sectional and homogeneous panel studies, namely slope heterogeneity, endogeneity regressors, and omitted variables (see Pedroni 2007; Coe, Helpman, and Hoffmaister 2009; Herzer 2013).”
- Natural Resources and Economic Development: New Panel Evidence (2015, background): “This may bias the results if the effect of common factors differ across countries (Pedroni 2007).”
- Productivity Analysis in Global Manufacturing Production (2010, methodology): “…and unobserved common factors seem to influence the results considerably: a capital coefficient of around .7 is more than twice the magnitude of the macro data on factor shares in income (Mankiw et al., 1992; Gomme & Rupert, 2004), a common finding in the literature (Islam, 2003; Pedroni, 2007).”
- An Empirical Growth Model for Major Oil Exporters (2012, unknown): “To avoid this, the trend coe¢ cients are restricted such that a1 = x ; where is an 4 1 vector of free coe¢ cients, see Pesaran et al. (2000) and Section 6.”
- Cointegration Testing in Panels with Common Factors (2006, methodology): “Consequently, standard panel no-cointegration tests derived under the maintained assumption of independent panel units, such as those proposed by Pedroni (2004a), can be used on the defactored observations.”
- FDI and Income Inequality: Evidence from a Panel of U.S. States (2012, unknown): “Therefore, we also use the cross-sectionally augmented IPS or CIPS panel unit root test proposed by Pesaran (2007).”
- Inequality and growth: evidence from panel cointegration (2011, background): “Heterogeneous panel cointegration estimators are robust (under cointegration) to a variety of estimation problems that often plague standard cross-country and panel regressions, including omitted variables, slope heterogeneity, and endogenous regressors [33].”