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A Panel Data Analysis: Research & Development Spillover

Müller, Werner and Nettekoven, Michaela (1998) A Panel Data Analysis: Research & Development Spillover. Forschungsberichte / Institut für Statistik, 55. Department of Statistics and Mathematics, WU Vienna University of Economics and Business, Vienna.

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Abstract

Panel data analysis has become an important tool in applied econometrics and the respective statistical techniques are well described in several recent textbooks. However, for an analyst using these methods there remains the task of choosing a reasonable model for the behavior of the panel data. Of special importance is the choice between so-called fixed and random coefficient models. This choice can have a crucial effect on the interpretation of the analyzed phenomenon, which is demonstrated by an application on research and development spillover. (author's abstract)

Item Type: Paper
Keywords: fixed coefficient models / random coefficient models / iterative estimation
Classification Codes: JEL C23
Divisions: Departments > Finance, Accounting and Statistics > Statistics and Mathematics
Depositing User: Repository Administrator
Date Deposited: 11 Jul 2006 13:50
Last Modified: 28 Dec 2014 03:22
URI: http://epub.wu.ac.at/id/eprint/620

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