A generalized panel data switching regression model
E Malikov, SC Kumbhakar - Economics Letters, 2014 - Elsevier
This paper considers a generalized panel data model of polychotomous and/or sequential
switching which can also accommodate the dependence between unobserved effects and
covariates in the model. We showcase our model using an empirical illustration in which we
estimate scope economies for the publicly owned electric utilities in the US during the period
from 2001 to 2003.
switching which can also accommodate the dependence between unobserved effects and
covariates in the model. We showcase our model using an empirical illustration in which we
estimate scope economies for the publicly owned electric utilities in the US during the period
from 2001 to 2003.