no code implementations • 12 Apr 2024 • Guohua Feng, Jiti Gao, Fei Liu, Bin Peng
Hierarchical panel data models have recently garnered significant attention.
no code implementations • 31 Oct 2021 • Guohua Feng, Jiti Gao, Bin Peng
Despite its paramount importance in the empirical growth literature, productivity convergence analysis has three problems that have yet to be resolved: (1) little attempt has been made to explore the hierarchical structure of industry-level datasets; (2) industry-level technology heterogeneity has largely been ignored; and (3) cross-sectional dependence has rarely been allowed for.