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- W3128152024 abstract "The effectiveness of an orthogonal to backward mean transformation is investigated in the context of a non-stationary panel data model. It is shown that the corresponding estimator is as efficient as Transformed Maximum Likelihood when the autoregressive parameter is equal to unity. Furthermore, a recently introduced bias-corrected version is almost as efficient as the Pooled Least Squares estimator." @default.
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- W3128152024 date "2021-04-01" @default.
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- W3128152024 title "Backward mean transformation in unit root panel data models" @default.
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- W3128152024 doi "https://doi.org/10.1016/j.econlet.2021.109780" @default.
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