Author : Chang-Ching Lin
Release : 2006
Genre : Econometric models
Kind : eBook
Book Rating : 676/5 ( reviews)
Book Synopsis Three Essays in Econometrics by : Chang-Ching Lin
Download or read book Three Essays in Econometrics written by Chang-Ching Lin. This book was released on 2006. Available in PDF, EPUB and Kindle. Book excerpt: The third essay proposes a robust method to examine if the parameters of a panel data model are constant across individuals in the population. I utilize the L-moment to measure the dispersion of the estimates to propose a test, which is robust against outlying observations. The test statistic asymptotically has the standard normal distribution under the null hypothesis, as long as some mild conditions are met. My simulations show that this test delivers a more accurate size than existing tests in panel data models. The proposed test is also applied to examine whether or not the rates of convergence of economic growth are the same across countries.
