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Joakim Westerlund. Photo.

Joakim Westerlund

Professor, Programme director – Master of Data Analytics and Business Economics

Joakim Westerlund. Photo.

CCE in Heterogenous Fixed-T Panels

Author

  • Joakim Westerlund
  • Yousef Kaddoura

Summary, in English

The present paper shows that the CCE approach of Pesaran (2006) is more useful than commonly appreciated, in that it enables consistent and asymptotically normal estimation of interactive effects models with heterogeneous slope coefficients when the number of time periods, T, is fixed and only the number of cross-sectional units, N, is large.

Department/s

  • Department of Economics

Publishing year

2022

Language

English

Pages

719-738

Publication/Series

Econometrics Journal

Volume

25

Issue

3

Document type

Journal article

Publisher

Oxford University Press

Topic

  • Economics

Keywords

  • C12 - Hypothesis Testing
  • GeneralC13 - Estimation
  • GeneralC33 - Panel Data Models
  • Spatio-temporal Models
  • C36 - Instrumental Variables
  • Estimation

Status

Published

ISBN/ISSN/Other

  • ISSN: 1368-423X