IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

The Early Years of Panel Data Econometrics

  • Ariane Dupont-Kieffer
  • Alain Pirotte
Registered author(s):

    This essay focuses on the early years of panel data econometrics and two seminal papers by Yair Mundlak (1961) and Pietro Balestra and Marc Nerlove (1966). The issue of latent individual heterogeneity was identified as a central problem. One main ambition was to get a clear understanding of how differences in behavior across individuals and/or through time could and should be modeled. Another main aspect was the assumed inherent dynamic pattern of economic behavior, which requires the use of specific models and data collection. These articles attempted to build relevant models and statistical methods, mainly based on the distinction between fixed effects (analysis of covariance) and random effects. They brought back identification issues in the context of estimating a production function of sixty-six farms in Israel for 1954–58 (Mundlak 1961) and the demand for natural gas in the residential and commercial market of thirty-six U.S. states observed for 1957–62 (Balestra and Nerlove 1966).

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://hope.dukejournals.org/content/43/suppl_1/258.full.pdf+html
    File Function: link to full text
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Article provided by Duke University Press in its journal History of Political Economy.

    Volume (Year): 43 (2011)
    Issue (Month): 5 (Supplement)
    Pages: 258-282

    as
    in new window

    Handle: RePEc:hop:hopeec:v:43:y:2011:i:5:p:258-282
    Contact details of provider: Postal: Duke University Press 905 W. Main Street, Suite 18B Durham, NC 27701
    Phone: (919) 660-1800
    Fax: (919) 684-8974
    Web page: http://www.dukeupress.edu/Catalog/ViewProduct.php?viewby=journal&productid=45614

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:hop:hopeec:v:43:y:2011:i:5:p:258-282. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Center for the History of Political Economy Webmaster)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.