We consider the problem of estimating a varying coe cient panel data model with xed effects using a local linear regression approach. Our proposed estimator can consistently estimate the regression model with an additive intercept term, while the conventional estimation method based on a rst di erence model fails to do so. The computed estimator is shown to be asymptotically normally distribute...

This paper overviews some recent developments in panel data asymptotics, concentrating on the nonstationary panel case and gives a new result for models with individual effects. Underlying recent theory are asymptotics for multi-indexed processes in which both indexes may pass to infinity. We review some of the new limit theory that has been developed, show how it can be applied and give a new ...

This examines pursuits to delete the effect of inventory provides quantity on Systematic hazard. l it makes use item shares inside JCI (Jakarta Islamic Index) institution is listed Indonesia stock exchange (BEI) for length July October 2020 with a saturated pattern (census sampling) as manner. There are 20 stocks determined samples. has looked at evaluation techniques panel facts regression com...

Abstract We verify the effect of ESG disclosures on firm performance using NSE 500 index listed companies spanning from 2010 to 2020. The study employs a method‐of‐moments quantile regression approach test whether lead superior performance. find evidence that environmental, social, and governance positively influence Higher quantiles are associated with better market (Tobin's Q), same lower pro...

This paper examines the effects of fringe benefits in the compensation package on performance of the Korean firms. Theoretically, fringe benefits have two implications in relation to employees: they are effective instruments that provide incentives; at the same time, some fringe benefits, especially the power-related benefits, are often used for exploitation of self-interests. Using a six-year ...

This paper studies the existence for a set of countries of an inflation threshold above which its effect on economic growth is negative, considering the speed of transition from one inflation regime to the other. Using a panel data set of above 120 countries for the period after the Second World War, we apply a panel smooth transition regression (PSTR) model with fixed effects. The estimated th...

We examine the relationship between position in a network of relationships and organizational performance. Drawing on ten years of observations (1988-1997) for nearly 400 firms in the human biotechnology industry, we utilize three types of panel regressions to unravel the complex linkages between network structure, patenting, and various firm-level outcome measures. Our results highlight the cr...

Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests of the effects often rely on self-constructed measures from survey data. This paper shows that results can be highly sensitive to simple parameter changes. Using large-scale panel data from Germany and the UK, I report cases where plausible variations in the underlying income t...

For the estimation of the parameters involved in a linear dynamic mixed model for panel data, it has been shown recently by Rao, Sutradhar, and Pandit (2012, Brazilian J. of Probability and Statistics, Vol. 26, 167–177) that the so-called generalized quasi-likelihood (GQL) approach produces more efficient regression estimates as compared to the generalized method of moments (GMM) approach. Thes...