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Longitudinal Economic Data At The Census Bureau: A New Database Yields Fresh Insight On Some Old Issues

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Author Info
Robert H Mcguckin
Abstract

This paper has two goals. First, it illustrates the importance of panel data with examples taken from research in progress using the U.S. Census Bureau's Longitudinal Research Database ( LRD ). Although the LRD is not the result of a "true" longitudinal survey, it provides both balanced and unbalanced panel data sets for establishments, firms, and lines of business. The second goal is to integrate the results of recent research with the LRD and to draw conclusions about the importance of longitudinal microdata for econometric research and time series analysis. The advantages of panel data arise from both the micro and time series aspects of the observations. This also leads us to consider why panel data are necessary to understand and interpret the time series behavior of aggregate statistics produced in cross-section establishment surveys and censuses. We find that typical homogeneity assumptions are likely to be inappropriate in a wide variety of applications. In particular, the industry in which an establishment is located, the ownership of the establishment, and the existence of the establishment (births and deaths) are endogenous variables that cannot simply be taken as time invariant fixed effects in econometric modeling.

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File URL: http://www.ces.census.gov/index.php/ces/cespapers?down_key=100131
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Publisher Info
Paper provided by Center for Economic Studies, U.S. Census Bureau in its series Working Papers with number 90-1.

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Date of creation: Jan 1990
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Handle: RePEc:cen:wpaper:90-1

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Web page: http://www.ces.census.gov

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Related research
Keywords: CES; economic; research; micro; data; microdata; chief; economist;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Robert H Mcguckin & George A Pascoe, 1988. "The Longitudinal Research Database (LRD): Status And Research Possibilities," Working Papers 88-2, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
  2. Dunne, T. & Roberts, M.J. & Samuelson, L., 1988. "Firm Entry And Post-Entry Performance In The U.S. Chemical Industries," Papers 0-88-4, Pennsylvania State - Department of Economics.
    Other versions:
  3. Frank R Lichtenberg & Donald Siegel, 1989. "The Effects Of Leveraged Buyouts On Productivity And Related Aspects Of Firm Behavior," Working Papers 89-5, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    Other versions:
  4. Caves, Richard E & Porter, Michael E, 1980. "The Dynamics of Changing Seller Concentration," Journal of Industrial Economics, Blackwell Publishing, vol. 29(1), pages 1-15, September. [Downloadable!] (restricted)
  5. Davis, S.J. & Haltiwanger, J., 1989. "Gross Job Creation, Gross Job Destruction And Employment Reallocation," Papers e-89-33, Stanford - Hoover Institution.
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  6. Dunne, T. & Roberts, M.J. & Samuelson, L., 1988. "The Growth And Failure Of U.S. Manufacturing Plants," Papers 1-87-5, Pennsylvania State - Department of Economics.
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  7. Frank R Lichtenberg & Donald Siegel, 1989. "The Effect Of Takeovers On The Employment And Wages Of Central-Office And Other Personnel," Working Papers 89-3, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    Other versions:
  8. John R. Baldwin & Paul K. Gorecki, 1990. "Firm Entry and Exit in the Canadian Manufacturing Sector," Working Papers 767, Queen's University, Department of Economics.
  9. Dunne, T. & Roberts, M.J. & Samuelson, L., 1988. "Pattenrs Of Firm Entry And Exit In U.S. Manufacturing Industries," Papers 1-88-2, Pennsylvania State - Department of Economics.
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  10. Nguyen, Sang V & Reznek, Arnold P, 1993. " Factor Substitution in Small and Large U.S. Manufacturing Establishments: 1977-82," Small Business Economics, Springer, vol. 5(1), pages 37-54, March.
  11. Baldwin, John R & Gorecki, Paul K, 1994. "Concentration and Mobility Statistics in Canada's Manufacturing Sector," Journal of Industrial Economics, Blackwell Publishing, vol. 42(1), pages 93-103, March. [Downloadable!] (restricted)
  12. Caves, Richard E & Porter, Michael E, 1978. "Market Structure, Oligopoly, and Stability of Market Shares," Journal of Industrial Economics, Blackwell Publishing, vol. 26(4), pages 289-313, June. [Downloadable!] (restricted)
  13. Dunne, Timothy & Roberts, Mark J, 1991. "The Duration of Employment Opportunities in U.S. Manufacturing," The Review of Economics and Statistics, MIT Press, vol. 73(2), pages 216-27, May. [Downloadable!] (restricted)
  14. Frank R. Lichtenberg & Donald Siegel, 1987. "Productivity and Changes in Ownership of Manufactoring Plants," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 18(1987-3), pages 643-684. [Downloadable!]
  15. Sang V Nguyen & Robert H Mcguckin, 1988. "Public Use Microdata: Disclosure And Usefulness," Working Papers 88-3, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Eduardo Martins, 1993. "Construction Of Regional Input-Output Tables From Establishment-Level Microdata: Illinois, 1982," Working Papers 93-12, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
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