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Homogeneous, heterogeneous or shrinkage estimators? Some empirical evidence from French regional gasoline consumption Author info | Abstract | Publisher info | Download info | Related research | Statistics Badi H. Baltagi (Texas A&M University)
Georges Bresson (ERMES, Université Paris II)
James M. Griffin (Texas A&M University)
Alain Pirotte (ERMES, Université Paris II)
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This 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.
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Paper provided by International Conferences on Panel Data in its series 10th International Conference on Panel Data, Berlin, July 5-6, 2002 with number
A6-4.
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Date of creation: Mar 2002Date of revision:
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Keywords: Panel data ; French gasoline demand ; Error components ; Heterogeneous estimators ; Shrinkage estimators ; Other versions of this item:
Find related papers by JEL classification: C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data
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