Acta Oeconomica Pragensia 2007, 15(1):79-85 | DOI: 10.18267/j.aop.41

Econometric Models with Panel Data

Václava Pánková
Doc. RNDr. Václava Pánková, CSc.; Katedra ekonometrie, Fakulta informatiky a statistiky, VŠE v Praze, pankova@vse.cz.

Panel data are a result of repeating observations of a group of units, e.g. households, firms, but also whole economies with some common characteristics as EU15, transition economies a . s. o. So, more details are available enabling to analyze a changing economic structure and its reasoning. Specific techniques can be chosen to deal with short time series what in case of Czech Republic, and other relatively new markets, can be very helpful. Most part of empirical applications corresponds with random or fixed effect models, respective. To each of this type appropriate methods relate. An exact choice between both effects can be done by the help of Hausman test.

Keywords: panel data, random / fixed effects model, short time series, Hausman test
JEL classification: C23

Published: February 1, 2007  Show citation

ACS AIP APA ASA Harvard Chicago Chicago Notes IEEE ISO690 MLA NLM Turabian Vancouver
Pánková, V. (2007). Econometric Models with Panel Data. Acta Oeconomica Pragensia, 15(1), 79-85. doi: 10.18267/j.aop.41
Download citation
  • BibTeX (.bib)
  • Bookends (.ris)
  • EasyBib (.ris)
  • EndNote (.enw)
  • EndNote 8 (.xml)
  • ISI WoS (.isi)
  • Medlars (.medlars)
  • Mendeley (.ris)
  • MODS (.xml)
  • Papers (.ris)
  • RefWorks (.txt)
  • RefManager (.ris)
  • RIS (.ris)
  • MS Word (.xml)
  • Zotero (.ris)
    • Open full article

    References

    1. DAVIDSON, R. - MacKINNON, J., 1993: Estimation and Inference in Econometrics. Oxford Univ. Press, 1993.
    2. GREEN, W. H., 2003: Econometric Analysis. Pearson Education Ltd. New Persey, 2003.
    3. JOHNSTON, J. - DiNARDO, J., 1997: Econometric Methods. McGrawHill, 1997.
    4. PÁNKOVÁ, V., 2005: Poptávka po kapitálu v tranzitivních ekonomikách. Ekonomický časopis, 2005, roč. 53, č. 2, s. 119-128. ISSN 0013-3035
    5. PÁNKOVÁ, V., 2005: Tobinovo Q - teorie a aplikace. Politická ekonomie, 2005, roč. LIII, č. 5, s. 601-608. ISSN 0032-3233 Go to original source...

    This is an open access article distributed under the terms of the Creative Commons Attribution 4.0 International License (CC BY 4.0), which permits use, distribution, and reproduction in any medium, provided the original publication is properly cited. No use, distribution or reproduction is permitted which does not comply with these terms.


    Return to the content