Skip to Main content Skip to Navigation
Journal articles

Arbitrary temporal heterogeneity in time of European countries panel model

Abstract : It considers a panel data model for 24 European countries with unobservable multiple interactive effects, which are correlated with the regressors. Grounded on properties of the traditional micro-economic theory of production, the arbitrary temporal heterogeneity in time with a factor structure is fit to the Cobb-Douglas stochastic distance frontier with multiple inputs/multiple outputs model and a semi-parametric approach is applied to parameters estimation. The results show that heterogeneity over time and across the European countries matters. The model distinguished 5 unobserved factors that influence the European industry production. The unobserved common factors have a cyclical behavior with the approximate length of 2 years.
Document type :
Journal articles
Complete list of metadata
Contributor : Steven Gouin Connect in order to contact the contributor
Submitted on : Thursday, February 7, 2019 - 1:22:37 PM
Last modification on : Thursday, March 14, 2019 - 2:54:04 PM


  • HAL Id : hal-02010689, version 1



Roman Matkovskyy. Arbitrary temporal heterogeneity in time of European countries panel model. Economics Bulletin, Economics Bulletin, 2016, 36 (1), pp.576-587. ⟨hal-02010689⟩



Les métriques sont temporairement indisponibles