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- W2046337428 abstract "In this paper we consider the problem of estimating semiparametric panel data models with cross section dependence, where the individual-specific regressors enter the model nonparametrically whereas the common factors enter the model linearly. We consider both heterogeneous and homogeneous regression relationships when both the time and cross-section dimensions are large. We propose sieve estimators for the nonparametric regression functions by extending Pesaran’s (2006) common correlated effect (CCE) estimator to our semiparametric framework. Asymptotic normal distributions for the proposed estimators are derived and asymptotic variance estimators are provided. Monte Carlo simulations indicate that our estimators perform well in finite samples." @default.
- W2046337428 created "2016-06-24" @default.
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- W2046337428 date "2012-07-01" @default.
- W2046337428 modified "2023-09-30" @default.
- W2046337428 title "Sieve estimation of panel data models with cross section dependence" @default.
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- W2046337428 doi "https://doi.org/10.1016/j.jeconom.2012.01.006" @default.
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