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분야계량경제학계량경제학
계열Regression modelRegression model
기원 연도19841988–1991
창시자Gary ChamberlainArellano & Bond (1991); Holtz-Eakin, Newey & Rosen (1988)
유형Panel data estimatorDynamic regression / GMM estimation
원전Chamberlain, G. (1984). Panel data. In Z. Griliches & M. D. Intriligator (Eds.), Handbook of Econometrics (Vol. 2, pp. 1247–1318). Elsevier. link ↗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 ↗
별칭nonlinear FE model, NLFE, conditional fixed effects model, incidental parameters modeldynamic panel model, panel data model with lagged dependent variable, DPD model, Arellano-Bond model
관련55
요약The nonlinear fixed effects model extends fixed effects panel estimation to outcomes governed by nonlinear response functions — such as binary, count, or censored outcomes — while absorbing unobserved individual heterogeneity through unit-specific intercepts. Key special cases include conditional logit for binary outcomes and Poisson fixed effects for count data.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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