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क्षेत्रअर्थमितिअर्थमिति
परिवारRegression modelRegression model
उद्भव वर्ष20052009
प्रवर्तकGonzalez, Terasvirta, and van DijkJushan Bai
प्रकारSmooth-regime panel modelPanel with latent structure
मौलिक स्रोतGonzalez, A., Terasvirta, T., & van Dijk, D. (2005). Panel smooth transition regression models. Research Paper, Melbourne Institute of Applied Economic and Social Research. link ↗Bai, J. (2009). Panel data models with interactive fixed effects. Econometric Reviews, 28(4), 289-312. link ↗
उपनामSmooth-transition panel modelFactor models with individual heterogeneity
संबंधित33
सारांशPanel Smooth Transition Regression (PSTR) models nonlinear panel relationships where coefficients transition smoothly (rather than abruptly) between regimes as a transition variable crosses thresholds. Introduced by Gonzalez et al. (2005), it extends univariate smooth-transition autoregression (STAR) models to panels, capturing gradual shifts in economic behavior. This approach is realistic when adjustment costs cause smooth (not sudden) regime changes.Interactive Fixed Effects (IFE) extends standard fixed-effects panel models by allowing unit-specific intercepts to vary not just at the individual level but also with unobserved common time-varying factors. Introduced by Bai (2009), it models heterogeneity as the interaction of individual characteristics and common shocks, ideal for studying cross-sectional variation in how units respond to macro conditions. This framework dominates when common factors drive substantial heterogeneity.
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  3. PUBLISHED

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ScholarGateविधियों की तुलना करें: Panel Smooth Transition Regression · Interactive Fixed Effects. 2026-06-17 को यहाँ से प्राप्त https://scholargate.app/hi/compare