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동적 계량 변수 (동적 패널 IV / Arellano-Bond)×패널 데이터 고정 효과 모형×
분야인과추론계량경제학
계열Regression modelRegression model
기원 연도19912014
창시자Arellano & Bond (1991); extended by Blundell & Bond (1998)Hsiao (textbook treatment); within transformation of panel data
유형Dynamic panel causal estimationPanel data regression
원전Arellano, 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 ↗Hsiao, C. (2014). Analysis of Panel Data (3rd ed.). Cambridge University Press. DOI ↗
별칭Dynamic IV, Dynamic Panel IV, Arellano-Bond GMM, System GMMfixed effects model, within estimator, panel fixed-effects regression, Panel Veri — Sabit Etkiler Modeli
관련55
요약Dynamic Instrumental Variables estimation addresses endogeneity in panel models where the outcome depends on its own past values. By first-differencing to remove unit fixed effects and then using lagged levels as instruments for the differenced lagged outcome, it produces consistent causal estimates even when standard OLS or fixed-effects are biased by dynamic feedback.The Panel Data Fixed Effects model estimates relationships from panel data (the same units observed over several time periods) while controlling for unit- and/or time-specific effects, supporting causal inference. It is developed as the within estimator in standard treatments such as Hsiao's Analysis of Panel Data (2014).
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