The Formulation and Estimation of Random Effects Panel Data Models of Trade
Cecília Hornok and
No 2012_1, CEU Working Papers from Department of Economics, Central European University
The paper introduces for the most frequently used three- dimensional panel data sets several random effects model specifications. It derives appropriate estimation methods for the balanced and unbalanced cases and deals with some extensions as well. An application is also presented where the bilateral trade of 20 EU countries is analysed for the period 2001-2006. The differences between the fixed and random effects specifications are highlighted through this empirical exercise.
Date: 2012-05-05, Revised 2013-03-25
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://www.personal.ceu.hu/staff/repec/pdf/2012_1.pdf Full text (application/pdf)
http://www.personal.ceu.hu/staff/repec/pdf/2012_1_revised.pdf Full text (application/pdf)
http://www.personal.ceu.hu/staff/repec/pdf/stata_program_documents_1.pdf Full text (application/pdf)
Working Paper: The formulation and estimation of random effects panel data models of trade (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ceu:econwp:2012_1
Access Statistics for this paper
More papers in CEU Working Papers from Department of Economics, Central European University Contact information at EDIRC.
Bibliographic data for series maintained by Anita Apor ().