Using new and unique panel data, we investigate the role of long-term health and childhood malnutrition in schooling outcomes for children in rural India, many of whom lack basic numeracy and literacy skills. Using data on students’ performance on mathematics and Hindi tests, we examine the role of the endogeneity of health caused by omitted variables bias and measurement error and correct for ...

This paper applies a large number of models to three previously-analyzed data sets, and compares the point estimates and confidence intervals for technical efficiency levels. Classical procedures include multiple comparisons with the best, based on the fixed effects estimates; a univariate version, marginal comparisons with the best; bootstrapping of the fixed effects estimates; and maximum lik...

This study investigates the Peltzman effects in adopting mandatory seat belt laws in the US. According to the Peltzman offsetting effect theory, seat belt laws make drivers feel more secure and drive more aggressively, which could cause additional crashes and fatalities. A set of panel data containing 50 US states and the District of Columbia for the years from 1983 to 1997 are analyzed using s...

Testing the presence of serial correlation in the error terms of a fixed effects regression model is important for many reasons. While there have been a number of testing procedures developed so far (see, e.g., Bhargava, Franzini and Narendranathan (1982), Baltagi and Li (1995), Baltagi and Wu (1999), Bera et al. (2001), Wooldridge (2002), Drukker (2003), Hong and Kao (2004) and Inoue and Solon...

Decompositions by population subgroups and by income sources represent the traditional techniques for decomposing income inequality. Compared with the classical methodologies, the regression-based method gives the opportunity of quantifying the contribution to the inequality of a set of factors, while taking the correlations among them into account. In this framework, two regression-based decom...

Using clickstream panel data from an automobile ad campaign conducted on a mobile platform, we investigate the relevance of mobile advertising, the interrelationships between ad content, information search behavior, and advertising response. Temporally, we compare mobile users' search behavior and advertising response before and during a focal campaign event of an automobile show. Spatially, we...

This study investigates the relationship between economic conditions and health. Previous studies have estimated that they have a significantly negative correlation. However, there is a concern that mortality rates are non-stationary series, with which a chance of spurious correlation exhibits. By taking first difference on regressors and conducting unit-root tests for panel data, it shows some...

The collapse of exports that has attended the current global economic recession threatens the export-led economic growth of the four Asian dragons. To better understand the economic performances and future prospects of the four dragons, this paper first examines the economic structural changes that have taken place in Hong Kong, China; the Republic of Korea; Singapore; and Taipei,China, as well...

In random coefficients linear IV models, fixed effects averages of the individual-specific coefficients are biased in short panels due to the finite-sample bias of IV estimators. This paper introduces a new class of bias-corrected semiparametric estimators for panel models where the response to the regressors can be individual-specific in an unrestricted way. These estimators are based on momen...

We analyse the effect of civil war on household welfare. Using Burundian panel data for the 1998-2007 period in which we re-interviewed original as well as newly formed households (split-offs), we show that headcount poverty decreased by 3.5 % points when split-off households are taken into account and 1% when splits are left out. Poverty is persistent while prosperity is not, in particular in ...