Homogeneous, heterogeneous or shrinkage estimators? Some empirical evidence from French regional gasoline consumption
AbstractThis paper contrasts the performance of heterogeneous and shrinkage estimators versus the more traditional homogeneous panel data estimators. The analysis utilizes a panel data set from 21 French regions over the period 1973–1998 and a dynamic demand specification to study the gasoline demand in France. Out-of-sample forecast performance as well as the plausibility of the various estimators are contrasted. Copyright Springer-Verlag 2003
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Bibliographic InfoArticle provided by Springer in its journal Empirical Economics.
Volume (Year): 28 (2003)
Issue (Month): 4 (November)
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Other versions of this item:
- Badi H. Baltagi & Georges Bresson & James M. Griffin & Alain Pirotte, 2002. "Homogeneous, heterogeneous or shrinkage estimators? Some empirical evidence from French regional gasoline consumption," 10th International Conference on Panel Data, Berlin, July 5-6, 2002 A6-4, International Conferences on Panel Data.
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
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