Modelling firm innovation using panel probit estimators
نویسندگان
چکیده
منابع مشابه
Convenient estimators for the panel probit model:
Bertschek and Lechner (1998) propose several variants of a GMM estimator based on the period specific regression functions for the panel probit model. The analysis is motivated by the complexity of maximum likelihood estimation and the possibly excessive amount of time involved in maximum simulated likelihood estimation. But, for applications of the size considered in their study, full likeliho...
متن کاملConvenient Estimators for the Panel Probit Model: Further Results
Bertschek and Lechner (1998) propose several variants of a GMM estimator based on the period specific regression functions for the panel probit model. The analysis is motivated by the complexity of maximum likelihood estimation and the possibly excessive amount of time involved in maximum simulated likelihood estimation. But, for applications of the size considered in their study, full likeliho...
متن کاملDynamic Panel Probit with Flexible Correlated Effects
In this paper, we analyze a dynamic panel probit model with two flexible latent effects: first, unobserved individual heterogeneity that is allowed to vary in the population according to an assumption-free nonparametric distribution, and second, with a latent serially correlated common error component. In doing so, we extend the approach developed in Albert and Chib (1993), Albert and Chib (199...
متن کاملModelling Mobility and Housing Tenure Choice A Multinomial Probit Model for Panel Data (Draft version)
We use a binary and a multinomial probit model to describe the Dutch household moving decision and joint decisions of the housing tenure choice and residential mobility, respectively. We can only observe the change of the tenure choice after the household moved. We use the method of simulated maximum likelihood (SML) to estimate the heterogeneity by using the specification of random effects wit...
متن کاملFirm Technological Innovation Persistence: Organizational Innovation Matters Firm Technological Innovation Persistence: Organizational Innovation Matters
Organizational innovation favors technological innovation, but does it also influence technological innovation persistence? This article investigates empirically the pattern of technological innovation persistence and tests the potential impact of organizational innovation using firm-level data from three waves of the French Community Innovation Surveys. Evidence shows a positive effect of orga...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Applied Economics Letters
سال: 2003
ISSN: 1350-4851,1466-4291
DOI: 10.1080/1350485032000138999