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Estimaja LSDVC (Least Squares Dummy Variable Corrected for Bias)×Anderson-Hsiao instrumentaalmuutujate estimaator×
ValdkondÖkonomeetriaÖkonomeetria
PerekondRegression modelRegression model
Tekkeaasta19951981
LoojaJan KivietTheodore Anderson & Cheng Hsiao
TüüpBias-corrected fixed-effects estimatorInstrumental variables estimator for dynamic panel data
AlgallikasKiviet, J. F. (1995). On bias, inconsistency, and efficiency of various estimators in dynamic panel data models. Journal of Econometrics, 68(1), 53–78. DOI ↗Anderson, T. W., & Hsiao, C. (1981). Estimation of dynamic models with error components. Journal of the American Statistical Association, 76(375), 598–606. DOI ↗
RööpnimetusedBias-Corrected LSDV, BC-LSDV, Kiviet Estimator, Önyargı Düzeltilmiş En Küçük Kareler Kukla Değişken TahmincisiAnderson-Hsiao Estimator, AH IV Estimator, Dynamic Panel IV Estimator, Anderson-Hsiao Araçsal Değişken Tahmincisi
Seotud22
KokkuvõteLSDVC is a bias-corrected panel data estimator introduced by Kiviet (1995) to address the well-known Nickell bias that afflicts the standard Least Squares Dummy Variable (LSDV) estimator in dynamic panel models with a lagged dependent variable. It is particularly suited for researchers working with datasets where the number of time periods T is small relative to the number of cross-sectional units N, such as firm-level or country-level panels spanning a short time horizon.The Anderson-Hsiao IV estimator is a method for consistently estimating dynamic panel data models that include a lagged dependent variable as a regressor. Proposed by Theodore Anderson and Cheng Hsiao in 1981, it resolves the Nickell bias that arises when fixed effects are eliminated by first-differencing, by instrumenting the differenced lagged dependent variable with its own second lag in levels or differences.
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ScholarGateVõrdle meetodeid: LSDVC · Anderson-Hsiao IV. Loetud 2026-06-18 aadressilt https://scholargate.app/et/compare