This study examines the dynamic relationship between foreign direct investment (FDI) and total factor productivity having controlled for other channels of external openness: exports and imports in four ASEAN countries: Indonesia, Malaysia, Singapore, and Thailand. We employ the panel data analysis PDA (fixed effect and dynamic panel models) as well as the panel cointegration and Granger causali...

This paper studies estimation and inference in a quantile regression dynamic panel model with fixed effects. Panel data fixed effects estimators are typically biased in the presence of lagged dependent variables as regressors. To reduce the dynamic bias in the quantile regression panel data model I develop an instrumental variables approach that employs lagged regressors as instruments. I show ...

In this study, we develop a novel estimation method for quantile treatment effects (QTE) under rank invariance and stationarity assumptions. Ishihara (2020 Ishihara, T. (2020), “Identification Estimation of Time-Varying Nonseparable Panel Data Models Without Stayers,” Journal Econometrics, 215, 184–208. DOI: https://doi.org/10.1016/j.jeconom.2019.08.008.[Crossref] , [Google Scholar]) explores i...

New panel data estimators are proposed for logit and complementary loglog fractional regression models. The standard specifications of these models are transformed into a form of exponential regression with multiplicative individual effects and time-variant heterogeneity, from which six alternative estimators that do not require assumptions on the distribution of the unobservables are developed...

In this article we extend the comparative analysis between the results of a pooled OLS regression and the use of fixed effects panel models concerning the determinants of debt, comparing the results of using static panel models and dynamic panel estimators, including the dynamic estimator of correction of fixed effects. The results show that the differences between the results of static panel m...

This paper studies the saving behavior of rural households in Vietnam from two aspects: volume of savings and methods of saving. Two econometric models are conducted, the first one is a panel data model, used to examine the determinants of household saving; and the second one is a multinomial logit model used to investigate how a household chooses the way to save. Both models are based on the l...