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Optimal Estimation Methodologies for Panel Data Regression Models

Christis Katsouris

arXiv 6 Nov 2023 · Econometrics

arXiv:2311.03471 · PDF · DOI · OpenAlex · Extracted main text

Abstract

This survey study discusses main aspects to optimal estimation methodologies for panel data regression models. In particular, we present current methodological developments for modeling stationary panel data as well as robust methods for estimation and inference in nonstationary panel data regression models. Some applications from the network econometrics and high dimensional statistics literature are also discussed within a stationary time series environment.

Citation extraction

181
references
319
in-text mentions
182
distinct cited
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main-text words

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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
1Kapetanios, G., Mitchell, J., and Shin, Y (2014) A nonlinear panel data model of cross-sectional dependence0.874142100%
2Olmo, J. and Sanso-Navarro, M (2023) A nonparametric spatial regression model using partitioning estimators0.874122100%
3Pesaran, M. H (2006) Estimation and inference in large heterogeneous panels with a multifactor error structure0.81142100%
4Moon, H. R. and Phillips, P. C (2000) Estimation of autoregressive roots near unity using panel data0.73732100%
5Leung, M. P (2023) Network cluster-robust inference0.693141100%
6Goncalves, S. and Kaffo, M (2015) Bootstrap inference for linear dynamic panel data models with individual fixed effects0.693101100%
7Wagner, M., Grabarczyk, P., and Hong, S. H (2020) Fully modified ols estimation and inference for seemingly unrelated cointegrating polynomial regressions and the environmental k…0.69391100%
8Juodis, A (2018) First difference transformation in panel var models: Robustness, estimation, and inference0.69381100%
9Kostakis, A., Magdalinos, T., and Stamatogiannis, M. P (2015) Robust econometric inference for stock return predictability0.69371100%
10Phillips, P. C. B. and Wang, Y (2022) Functional coefficient panel modeling with communal smoothing covariates0.69371100%

Showing the top 10 of 182 scored citations.

Cited by, within the corpus

arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.

Citing paperIntensityMentionsSections
1Robust Estimation in Network Vector Autoregression with Nonstationary Regressors0.40511