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• W3204769400 abstract "Spatial dynamic panel data (SDPD) models have received great attention in economics in recent 10 years. Existing approaches for the estimation and test of SDPD models are quasi-maximum likelihood (QML) approach and generalized method of moments (GMM). In this article, we introduce the empirical likelihood (EL) method to the statistical inference for SDPD models. The EL ratio statistics are constructed for the parameters of spatial dynamic panel data models. It is shown that the limiting distributions of the empirical likelihood ratio statistics are chi-squared distributions, which are used to construct confidence regions for the parameters of the models. Simulation results show that the EL based confidence regions outperform the normal approximation based confidence regions." @default.
• W3204769400 created "2021-10-11" @default.
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• W3204769400 date "2021-09-29" @default.
• W3204769400 modified "2023-10-16" @default.
• W3204769400 title "Empirical likelihood for spatial dynamic panel data models" @default.
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• W3204769400 doi "https://doi.org/10.1007/s42952-021-00150-4" @default.
• W3204769400 hasPubMedCentralId "https://www.ncbi.nlm.nih.gov/pmc/articles/8479273" @default.
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