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패널 자기회귀 (Panel AR) 모형×동적 패널 데이터 모형×
분야계량경제학계량경제학
계열Regression modelRegression model
기원 연도1980s-2000s1991–1998
창시자Hsiao, C.; Arellano, M.Arellano & Bond (1991); Blundell & Bond (1998)
유형Autoregressive time-series model for panel dataDynamic panel regression
원전Hsiao, C. (2003). Analysis of Panel Data (2nd ed.). Cambridge University Press. ISBN: 978-0521522717Arellano, 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 ↗
별칭panel autoregressive model, PAR model, AR model for panel data, panel AR(p)dynamic panel model, lagged dependent variable panel model, Arellano-Bond type dynamic panel, GMM dynamic panel
관련55
요약The Panel AR model extends the classical univariate autoregressive model to panel data, capturing how each unit's own past values predict its current value while controlling for unobserved individual heterogeneity through fixed or random effects. It is foundational for modelling dynamic persistence in micro or macro panel datasets.The dynamic panel data model extends standard panel regression by including one or more lagged values of the outcome variable as regressors. Because past outcomes directly predict current outcomes, the model captures persistence and adjustment dynamics — but it also introduces a correlation between the lagged dependent variable and the individual fixed effect, rendering OLS and standard fixed-effects estimators inconsistent. GMM-based approaches developed by Arellano-Bond and Blundell-Bond resolve this problem.
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