Building Better Econometric Models Using Cross Section and Panel Data

Index

Base regressions and inference, 31–33

Consistent and balanced panels, 4, 23–24, 79–82

Cross-sectional case, 35–36, 46–48

heteroskedasticity, 36–37

inference, 46–58

intercept heterogeneity, 37–40

slope heterogeneity, 40–43

statistical omitted variable bias, 43–46

Cross-sectional data, 29–31

Dependent variable dynamics, 60–64

in panel data, 4, 12–13

Dynamic parametric heterogeneity, 4, 24–27, 83–92

FDI. See Foreign direct investment

Feasible generalized least squares procedure (FGLS), 37, 50, 51

FGLS. See Feasible generalized least squares procedure

Foreign direct investment (FDI), 30

GDP. See Gross domestic product

Generalized least squares (GLS), 50

GLS. See Generalized least squares

Gross domestic product (GDP), 5

Heteroskedastic residuals, ...