Pooled estimators vs their heterogeneous counterparts in the context of dynamic demand for gasoline

被引：136

作者：

Baltagi, BH

Griffin, JM

机构：

[1] Department of Economics, Texas A and M University, College Station

来源：

JOURNAL OF ECONOMETRICS | 1997年 / 77卷 / 02期

关键词：

panel data; gasoline demand; error components; shrinkage estimators;

D O I：

10.1016/S0304-4076(96)01802-7

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper utilizes an international panel data set and a dynamic demand specification for gasoline to compare the performance of homogeneous and heterogeneous parameter estimators. In addition to comparing the plausibility of the various estimates, a forecast performance comparison is performed to examine differences in predictions over one-, five-, and ten-year horizons.

引用

页码：303 / 327

页数：25

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