We suggest using a more efficient GMM estimator that exploits stationarity restrictions and this approach is shown to give more reasonable results than first-differenced GMM in our estimation of an empirical growth model.doi:10.1002/9781118716410.ch13Bond, Stephen Roy...
GMMEstimationof EmpiricalGrowthModels ∗ StephenBond NuffieldCollege,UniversityofOxford andInstituteforFiscalStudies AnkeHoeffler St.Antony’sCollege,UniversityofOxford andCentrefortheStudyofAfricanEconomies JonathanTemple † DepartmentofEconomics,UniversityofBristol, ...
It is often used to replicate other models that can be motivated outside the GMM framework, such as the estimation of a system of equations by system-wide 2SLS. independent has no effect if only one residual equation is specified. wmatrix() has no effect if onestep is also specified. ...
Becha, H., Helali, K., Hbaieb, O. (2025). The Nature of the Relationship Between Digital Financial Inclusion Index and China’s Regional Economic Growth: GMM-System Empirical Evidence. In: Bach Tobji, M.A., Jallouli, R., Sadok, H., Lajfari, K., Mafamane, D., Mahboub, H. (eds...
An Empirical Analysis of Financial Development and Economic Growth in Less-developed Regions: GMM Estimation Based on Panel Data Model 欠发达地区金融发展与经济增长的实证研究:基于面板数据模型的GMM估计结果 www.ilib.cn 2. GMM Estimation for Single - factor Term Structure of Interest Rate Models and ...
(MVAIC) approach to measure IC. It employs a panel data estimation approach, specifically the generalized method of moments (GMM), to investigate the connection between IC and the FP of public sector banks in India. The findings indicate that IC, along with its sub-elements of human capital...
Spatial dependence in linear regression models with an introduction to spatial econometrics BasileR. Regional economic growth in Europe: a semiparametric spatial dependence approach Pap. Reg. Sci. (2008)View more references Cited by (24) GMM estimation of partially linear additive spatial autoregressive...
"GMM estimation of the number of latent factors: With application to international stock markets." Journal of Empirical Finance 17(4): 783-802.We propose new generalized method of moments (GMM) estimators for the number of latent factors in linear factor models. The estimators are appropriate ...
We propose new generalized method of moments (GMM) estimators for the number of latent factors in linear factor models. The estimators are appropriate for data with a large (small) number of cross-sectional observations and a small (large) number of time series observations. The estimation proced...
While it is established that economic growth rates vary across countries due to the differences in certain set of quantitative explanatory variables, an expanding body of empirical research opts for informal growth regressions. This approach enables the inclusion of a broader range of explanatory variabl...