Asymptotic distribution of misspecified random effects estimator for a dynamic panel model with fixed effects when both n and T are large

2004 ◽  
Vol 84 (1) ◽  
pp. 117-125 ◽  
Author(s):  
Jinyong Hahn ◽  
Guido Kuersteiner ◽  
Myeong Hyeon Cho
Keyword(s):  
Asymptotic Distribution ◽  
Random Effects ◽  
Fixed Effects ◽  
Dynamic Panel ◽  
Dynamic Panel Model ◽  
Panel Model

scholarly journals OrthoPanels: An R Package for Estimating a Dynamic Panel Model with Fixed Effects Using the Orthogonal Reparameterization Approach

The R Journal ◽  
2017 ◽  
Vol 9 (1) ◽  
pp. 60 ◽  
Author(s):  
Mark Pickup ◽  
Paul Gustafson ◽  
Davor Cubranic ◽  
Geoffrey Evans
Keyword(s):  
Fixed Effects ◽  
R Package ◽  
Dynamic Panel ◽  
Dynamic Panel Model ◽  
Panel Model

scholarly journals Regional differences in the capitalisation of first and second pillar payments of the CAP into land rental prices

2020 ◽  
Author(s):  
Klaus Salhofer ◽  
Paul Feichtinger
Keyword(s):  
Agricultural Policy ◽  
Regional Differences ◽  
Dynamic Panel ◽  
Accounting Data ◽  
Dynamic Panel Model ◽  
Panel Model ◽  
Land Rental ◽  
Part Time ◽  
High Yields ◽  
Large Farms

Abstract Nearly 80 per cent of Common Agricultural Policy (CAP) expenditures are spent on three different measures: first pillar payments (FPPs), agri-environmental payments (AEPs) and less favoured area payments (LFAPs). Based on a dynamic panel model and farm accounting data for Bavaria, we find that, on average, 30 per cent of FPPs, 40–50 per cent of LFAPs, but no relevant share of AEPs are capitalised into land rental prices. The capitalisation ratio varies considerably across regions. Above average capitalisation ratios for FPPs are observed in more favourable areas with high yields, a low grassland share and large farms. The same is true for LFAPs for areas with high yields, large farms and a greater share of part-time farmers.

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