The Hausman-Taylor Panel Data Model with Serial Correlation

  title={The Hausman-Taylor Panel Data Model with Serial Correlation},
  author={Badi H. Baltagi and Long Liu},
  • Badi H. Baltagi, Long Liu
  • Published 2012
  • Mathematics
  • This paper modifies the Hausman and Taylor (1981) panel data estimator to allow for serial correlation in the remainder disturbances. It demonstrates the gains in efficiency of this estimator versus the standard panel data estimators that ignore serial correlation using Monte Carlo experiments. 

    Create an AI-powered research feed to stay up to date with new papers like this posted to ArXiv

    Tables from this paper.