Working Paper
The Estimation of Multi-dimensional Fixed Effects Panel Data Models
Laszlo Balazsi, Laszlo Matyas, Tom J. Wansbeek
CESifo, Munich, 2015
CESifo Working Paper No. 5251
CESifo, Munich, 2015
CESifo Working Paper No. 5251
The paper introduces the appropriate within estimators for the most frequently used three-dimensional fixed effects panel data models. It analyzes the behavior of these estimators in the cases of no self-flow data, unbalanced data, and dynamic autoregressive models. The main results are then generalized for higher dimensional panel data sets as well.
CESifo Category
Empirical and Theoretical Methods
Empirical and Theoretical Methods
Keywords: panel data, unbalanced panel, dynamic panel data model, multidimensional panel data, fixed effects, trade models, gravity models, FDI
JEL Classification: C100, C200, C400, F170, F470