Modelling Firm Innovation using Panel Probit Estimators
AbstractFirm-level innovation is investigated using three probit panel estimators, which control for unobserved heterogeneity, and a standard probit estimator. Results indicate the standard probit model is misspecified and that inter-firm networks are important for innovation.
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Bibliographic InfoPaper provided by Melbourne Institute of Applied Economic and Social Research, The University of Melbourne in its series Melbourne Institute Working Paper Series with number wp2001n20.
Length: 10 pages
Date of creation: Dec 2001
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Other versions of this item:
- Mark Harris & Mark Rogers & Anthony Siouclis, 2003. "Modelling firm innovation using panel probit estimators," Applied Economics Letters, Taylor and Francis Journals, vol. 10(11), pages 683-686.
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