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System GMM (Arellano-Bover / Blundell-Bond)

System GMM er en generaliseret momentmetode-estimator for dynamiske panelmodeller, der indeholder en forsinket afhængig variabel. Introduceret af Blundell og Bond (1998), baseret på Arellano og Bover, udvider den den differenserede ligning fra den tidligere differens GMM (Arellano-Bond) med ligningen i niveauer for at levere konsistente estimater, når N er stor og T er lille.

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Kilder

  1. Arellano, M. & Bond, S. (1991). Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations. Review of Economic Studies, 58(2), 277-297. DOI: 10.2307/2297968
  2. Blundell, R. & Bond, S. (1998). Initial Conditions and Moment Restrictions in Dynamic Panel Data Models. Journal of Econometrics, 87(1), 115-143. DOI: 10.1016/S0304-4076(98)00009-8
  3. Roodman, D. (2009). How to Do xtabond2: An Introduction to Difference and System GMM in Stata. Stata Journal, 9(1), 86-136. DOI: 10.1177/1536867X0900900106

Sådan citerer du denne side

ScholarGate. (2026, June 1). System Generalized Method of Moments Estimator (Arellano-Bover / Blundell-Bond). ScholarGate. https://scholargate.app/da/econometrics/system-gmm

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ScholarGateSystem GMM (System Generalized Method of Moments Estimator (Arellano-Bover / Blundell-Bond)). Hentet 2026-06-15 fra https://scholargate.app/da/econometrics/system-gmm · Datasæt: https://doi.org/10.5281/zenodo.20539026