Record Detail
Advanced Search![No image available for this title](./images/default/image.png)
Text
Quantile Regression for Dynamic Panel Data Using Hausman–Taylor Instrumental Variables
This paper considers quantile regression for dynamic fixed effects panel data
models with Hausman–Taylor instrumental variables (HTIV). The fixed effects estimators
of panel data are typically biased when there existing lagged dependent variables
and endogenous covariates as regressors, so we suggest the use of the Hausman–Taylor
instrumental variables to reduce the dynamic bias. HTIV can be used even if independent
variables do not vary with time when the unobserved heterogeneity is related to
the independent variables. Besides, there is no need for HTIV to adapt instrumental
variables beyond the model. In this paper, we consider Hausman–Taylor instrumental
variables and propose two quantile regression estimators. We study the asymptotic
properties of the proposed estimators. Monte Carlo simulation studies are conducted
to examine the performance of the two proposed estimators. In addition, we illustrate
the new approaches with an application to analyze the factors affecting price of commercialized
residential buildings of 35 big and moderate cities in China, finding out
that pre-price has a marked effect on current price.
File Attachment
Availability
No copy data
Detail Information
Series Title |
-
|
---|---|
Call Number |
-
|
Publisher | : ., |
Collation |
-
|
Language | |
ISBN/ISSN |
-
|
Classification |
NONE
|
Content Type |
-
|
Media Type |
-
|
---|---|
Carrier Type |
-
|
Edition |
-
|
Subject(s) | |
Specific Detail Info |
-
|
Statement of Responsibility |
-
|
Other version/related
No other version available
OPAC
RECORD DETAIL
Back To Previous
Hari Lahir Pancasila: Ajang Mengenalkan Keragaman Suku Bangsa Budaya Indonesia
Universitas Jember menggelar Upacara Bendera Peringatan Hari Lahir Pancasila 1 Juni 2024. Upacara kali ini memiliki konsep yang berbeda dari tahun sebelumnya. Jika pada tahun sebelumnya hanya jajaran pimpinan yang menggunakan pakaian adat, namun tahun ini Mahasiwa, Dosen ...
GELORA: Literasi Lingkungan, Mewarnai Masa Depan
Kegiatan Studi Literasi Eksternal hasil kolaborasi UPA Perpustakaan Universitas Jember kembali digelar pada tanggal 21-22 Juni 2024. Studi Literasi Eksternal kali ini menggunakan istilah yang berbeda yaitu GELORA (Gerakan Literasi dan Donasi Buku). Kegiatan Literasi yang berbentuk ...
BENGKEL SASTRA: MENGASAH BAKAT KEPENULISAN PUISI SANTRI JEMBER
Selasa (28/5), Santri se-Kabupaten Jember melakukan Library Tour di UPA Perpustakaan Universitas Jember. Kegiatan ini termasuk dalam serangkaian acara Bengkel Sastra yang dilaksanakan oleh Balai Bahasa Provinsi Jawa Timur. Kegiatan Bengkel Sastra dengan Tema “Penulisan Puisi Bagi Santri ...