st: State-Dependent Panel Data Models

[VICENTE ROYUELA MORA <vroyuela@ub.edu>]

Dear colleagues,

 

Does anyone know if are there any development on “State-Dependent Panel Data Models”? They are also labeled as conditional pooled mean group (CPMG) state-dependent panel

Model. See for instance Binder & Georgiadis (2011) CESIFO WORKING PAPER NO. 3397.

 

They are basically dynamic panel estimates where the slope of both the lagged endogenous variable and the covariates depend on pre-determined conditioning state variable: … “In this framework featuring conditional or state-dependent long-run homogeneity, all transitional dynamics are fully country-specific, and the long-run dynamics are homogeneous only for countries sharing the same conditioning states.”

 

Regards

 

Vicente Royuela

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