Year 2020, Volume 2 , Issue 2, Pages 58 - 66 2020-12-31

Efficient Estimation with Panel Data: Instrumental Estimators Variables with Bootstrap and Jackknife Method

Said LAARIBYA [1] , Mohamed BIJOU [2]


Hausman and Taylor (1981) have proposed an effective instrumental variable estimator for panel data regression models, where individual effects can be correlated with some of the regressors. Amemiya and MacCurdy (1986) and Breusch, Mizon and Schmidt (1986) suggested instrumental variables estimators potentially more efficient than the estimator of Hausman and Taylor. In our empirical exercise on educational returns inspired by the pioneering empirical work of Cornwell and Rupert 1988, we propose a new empirical covariance variance matrix revisited by bootstrap and jackknife methods to estimate robust standard deviations. The results show that three variables "smsa, union and black" become insignificant with robust standard deviation estimation via both Bootstrap and Jackknife methods. This modest contribution somehow qualifies the results revealed by BADI H. Baltagi and Sophon Khanti -Akom 1990 and Cornwell and Rupert 1988
Instrumental variable, panel data, covariance variance matrix, jakknife
  • Reference1: 34. LAARIBYA S, ALAOUI A, 2017 : Rural women and the forest issues preservation - Case study, Morocco -Volume 10 Number 2 (S2)- Biological Diversity and Conservation-ISSN 1308-8084 Online; ISSN 1308-5301 Print Reference2 : Alaoui, A., Laaribya, S., & Ayan, S. (2020). The Evolution of The Forest Cover with The Effect of Anthropic Pressure (The Case Study of Sehoul Cork-Oak Forest in Morocco, North Atlantic). Kastamonu University Journal of Forestry Faculty, 20 (1), 62-73.
Primary Language en
Subjects Social Sciences, Mathematical Methods
Journal Section Articles
Authors

Author: Said LAARIBYA (Primary Author)
Institution: Chouaib Doukkali University
Country: Morocco


Author: Mohamed BIJOU
Institution: Mohamed V University
Country: Morocco


Dates

Publication Date : December 31, 2020

APA Laarıbya, S , Bıjou, M . (2020). Efficient Estimation with Panel Data: Instrumental Estimators Variables with Bootstrap and Jackknife Method . Quantrade Journal of Complex Systems in Social Sciences , 2 (2) , 58-66 . Retrieved from https://dergipark.org.tr/en/pub/quantrade/issue/59355/809550