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Statistical Inference on Partially Linear Panel Model under Unobserved Linearity

Ruiqi Liu, Ben Boukai, Zuofeng Shang

arXiv 20 Nov 2019 · Econometrics

arXiv:1911.08830 · PDF · DOI · OpenAlex · Extracted main text

Abstract

A new statistical procedure, based on a modified spline basis, is proposed to identify the linear components in the panel data model with fixed effects. Under some mild assumptions, the proposed procedure is shown to consistently estimate the underlying regression function, correctly select the linear components, and effectively conduct the statistical inference. When compared to existing methods for detection of linearity in the panel model, our approach is demonstrated to be theoretically justified as well as practically convenient. We provide a computational algorithm that implements the proposed procedure along with a path-based solution method for linearity detection, which avoids the burden of selecting the tuning parameter for the penalty term. Monte Carlo simulations are conducted to examine the finite sample performance of our proposed procedure with detailed findings that confirm our theoretical results in the paper. Applications to Aggregate Production and Environmental Kuznets Curve data also illustrate the necessity for detecting linearity in the partially linear panel model.

Citation extraction

59
references
92
in-text mentions
59
distinct cited
2
self-citations
11,711
main-text words

appendix boundary found by appendix_titled_section at “Appendix” · 30% of the source is main text. Read the extracted text to check this.

Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Xue, L (2009) Consistent variable selection in additive models0.84333100%
2Fan, J. and Li, R (2001) Variable selection via nonconcave penalized likelihood and its oracle properties0.81142100%
3Chen, X (2007) Large sample sieve estimation of semi-nonparametric models0.7373367%
4Huang, J (1998) Projection estimation in multiple regression with application to functional anova models0.64441100%
5Henderson, D. J., Carroll, R. J., and Li, Q (2008) Nonparametric estimation and testing of fixed effects panel data models0.64441100%
6Li, D., Qian, J., and Su, L (2016) Panel data models with interactive fixed effects and multiple structural breaks0.58531100%
7Su, L. and Chen, Q (2013) Testing homogeneity in panel data models with interactive fixed effects0.58531100%
8Su, L. and Jin, S (2012) Sieve estimation of panel data models with cross section dependence0.58531100%
9Su, L. and Zhang, Y (2015) Nonparametric dynamic panel data models with interactive fixed effects: sieve estimation and specification testing0.58531100%
10Su, L. and Zhang, Y (2016) Semiparametric estimation of partially linear dynamic panel data models with fixed effects0.58531100%

Showing the top 10 of 59 scored citations.