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분야계량경제학계량경제학
계열Regression modelRegression model
기원 연도2004-20121988–1991
창시자Enders & Lee (2012); Becker, Enders & Hurn (2004)Arellano & Bond (1991); Holtz-Eakin, Newey & Rosen (1988)
유형Dynamic panel model with Fourier approximationDynamic regression / GMM estimation
원전Enders, W., & Lee, J. (2012). A unit root test using a Fourier series to approximate smooth breaks. Oxford Bulletin of Economics and Statistics, 74(4), 574-599. DOI ↗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 ↗
별칭Fourier dynamic panel, Fourier DPDM, smooth break dynamic panel, trigonometric dynamic paneldynamic panel model, panel data model with lagged dependent variable, DPD model, Arellano-Bond model
관련65
요약The Fourier dynamic panel data model extends standard dynamic panel specifications by incorporating low-frequency trigonometric (Fourier) terms to flexibly capture smooth, gradual structural breaks or time-varying patterns in the data, without requiring knowledge of the exact number or timing of breaks.The dynamic panel data model extends standard panel regression by including a lagged value of the outcome variable as a regressor, capturing persistence and adjustment dynamics. Because the lagged dependent variable is correlated with the unit-specific fixed effect, ordinary OLS or within estimators are biased; GMM-based methods using internal instruments are the standard remedy.
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