Distinguished Professor of Economics
Selected Papers
“Estimating and Testing High Dimensional Factor Models with Multiple
Structural Changes,” with Chihwa Kao and Fa Wang, Journal of
Econometrics, Vol. 220, Issue 2, (February 2021), 349-365. https://doi.org/10.1016/j.jeconom.2020.04.005
“Testing for Shifts in a Time Trend Panel Data Model with Serially
Correlated Error Component Disturbances,” with Chihwa Kao and Long Liu, Econometric
Reviews, Vol. 39
(2020), Issue 8, 745-762.
https://doi.org/10.1080/07474938.2020.1772567
“Forecasting with Unbalanced
Panel Data,” with Long Liu, Journal of Forecasting, Vol. 39, Issue 5, (August 2020), 709-724. http://dx.doi.org/10.1002/for.2646
“Structural Changes in Heterogeneous Panels with Endogenous Regressors,” with Qu Feng and Chihwa Kao, Journal of Applied Econometrics, Vol. 34, Issue 6, (September/October 2019), 883-892.
“The Effect of Education on Health: Evidence from the 1997 Compulsory Schooling Reform in Turkey,” with Alfonso Flores-Lagunes and Haci M. Karatas, Regional Science and Urban Economics, Vol. 77, (July, 2019), 205-221.
“Carbon Dioxide Emissions and Economic Activities: A Mean Field Variational Bayes Semiparametric Panel Data Model with Random Coefficients,” with Georges Bresson and Jean-Michel Etienne. Annals of Economics and Statistics, No. 134 (June 2019), pp. 43-78.
“A Time-Space Dynamic Spatial Panel Data Model with Spatial Moving Average Errors,” with Bernard Fingleton and Alain Pirotte, Regional Science and Urban Economics, Vol. 76, (May, 2019), 13-31.
“Contagious Exporting and Foreign Ownership: Evidence from Firms in Shanghai using a Bayesian Spatial Bivariate Probit Model,” with Peter H. Egger and Michaela Kesina, Regional Science and Urban Economics, Vol. 76, (May, 2019), 125-146.
“Robust linear static panel data models using ε-contamination,” with Georges Bresson, Anoop Chaturvedi and Guy Lacroix, Journal of Econometrics. Volume 202, Issue 1 (January, 2018), pp. 108–123. http://dx.doi.org/10.1016/j.jeconom.2017.07.002
“Determinants of Firm-level Domestic Sales, Exports, and Foreign-firm Presence with Spillovers: Evidence from China,” with Peter H. Egger and Michaela Kesina, Journal of Econometrics, Volume 199, Issue 2, (August, 2017), pp. 184-201. https://doi.org/10.1016/j.jeconom.2017.05.009
“Health Care Expenditure and Income: A Global Perspective,” with Raffaele Lagravinese, Francesco Moscone and Elisa Tosetti, Health Economics, Volume 26, Issue 7, (July, 2017), pp. 863-874. DOI: 10.1002/hec.3424.
“Asymptotic Power of the Sphericity Test Under Weak and Strong Factors in a Fixed Effects Panel Data Model,” with Chihwa Kai and Fa Wang, Econometric Reviews, Vol. 36, Issue 6-9, (May, 2017), pp. 853-882. http://dx.doi.org/10.1080/07474938.2017.1307580.
“Estimation and Identification of Change Points in Panel Models with Nonstationary or Stationary Regressors and Error Term,” with Chihwa Kao and Long Liu, Econometric Reviews, Volume 36 (2017), Issues 1-3, 85-102. DOI:10.1080/07474938.2015.1114262.
“Identification and Estimation of A Large Factor Model With Structural Instability,” with Chihwa Kao and Fa Wang, Journal of Econometrics, Vol. 197, Issue 1, (March, 2017), 87-100. https://doi.org/10.1016/j.jeconom.2016.10.007
“Ethnic Fractionalization, Governance and Loan Defaults in Africa,” with Svetlana Andrianova, Panicos O. Demetriades, and David Fielding, Oxford Bulletin of Economics and Statistics, Vol. 15, No. 4: August, 2017, 435-462. DOI: 10.1111/obes.12152
"Random Effects, Fixed Effects and Hausman's Test for the Generalized Mixed Regressive Spatial Autoregressive Panel Data Model." Baltagi, Badi H. and Long Liu, Econometric Reviews, Vol. 35, Issue 4 (April, 2016), pp. 638-658. DOI: 10.1080/07474938.2014.998148.
"Random Effects, Fixed Effects and Hausman's Test for the
Generalized Mixed Regressive Spatial Autoregressive Panel Data Model."
Long Liu, Econometric Reviews, Vol.
35, Issue 4 (April, 2016), pp. 638-658. DOI: 10.1080/07474938.2014.998148.
“Welfare Reform and Children’s Health," with Yin-Fang Yen, Health Economics, Vol. 25,
Issue 3 (March, 2016), pp. 277-291. DOI: 10.1002/hec.3139.
“Estimation of Heterogeneous Panels with Structural Breaks," with Qu Feng and Chihwa Kao, Journal
of Econometrics, Vol. 191, Issue 1 (March, 2016), pp. 176-195. http://dx.doi.org/10.1016/j.econom.2015.03.
“Firm-level Productivity Spillovers in China's Chemical
Industry: A Spatial Hausman-Taylor Approach." Peter H. Egger and Michaela
Kesina, Journal of Applied
Econometrics, Vol. 31, Issue 1 (January/February, 2016), pp. 214-248.
DOI: 10.1002/jae.2460.
"Why Do African Banks Lend So Little?" Svetlana
Andrianova, Panicos O. Demetriades, and David Fielding, Oxford Bulletin of Economics and
Statistics, Vol. 77, Issue 3 (June, 2015), pp. 339–359. DOI:
10.1111/obes.12067.
"EC3SLS Estimator for a Simultaneous System of Spatial
Autoregressive Equations with Random Effects," with Ying Deng, Econometric Reviews, Vol.
34, Issue 6-10 (May, 2015), pp. 659-694. DOI:10.1080/07474938.2014.956030.
“Hedonic Housing Prices in Paris: An Unbalanced Spatial Lag
Pseudo-Panel Model with Nested Random Effects." Georges Bresson and
Jean-Michel Etienne, Journal
of Applied Econometrics, Vol. 30, Issue 3 (April/May, 2015),
pp. 509–528. DOI:
10.1002/jae.2377.
"Further Evidence on the Spatio-Temporal Model of House Prices in
the United States." Jing Li, Journal of Applied Econometrics, Vol. 29, Issue 3
(April/May, 2014), pp. 515–522.
"Spatial Lag Models with Nested Random Effects: An
Instrumental Variable Procedure with an Application to English House
Prices." Bernard Fingleton and Alain Pirotte, Journal of Urban Economics,
Vol. 80 (March, 2014), pp. 76–86.
"Estimating and Forecasting with a Dynamic Spatial Panel
Data Model." Bernard Fingleton and Alain Pirotte, Oxford Bulletin of Economics and
Statistics, Vol. 76, Issue 1 (February, 2014), pp. 112-138.
“A Generalized Spatial Panel Data Model with Random Effects." Peter Egger and Michael Pfaffermayr, Econometric Reviews, Vol. 32
(February, 2013), pp. 650-685.
“Standardized LM Tests for Spatial Error Dependence in Linear or
Panel Regressions." Zhenlin Yang, Econometrics Journal, Vol. 16
(February, 2013), pp. 103-134.
"A Lagrange Multiplier Test for Cross-sectional Dependence
in a Fixed Effects Panel Data Model." Qu Feng and Chihwa Kao, Journal of Econometrics,
Vol. 170 (September, 2012), pp. 164-177.
“Maximum Likelihood Estimation and Lagrange Multiplier Tests for
Panel Seemingly Unrelated Regressions with Spatial Lag and Spatial Errors: An
Application to Hedonic Housing Prices in Paris." Georges Bresson,
Journal of Urban Economics, Vol. 69 (January, 2011), pp. 24–42.
“Testing for Heteroskedasticity and Serial Correlation in a
Random Effects Panel Data Model." Seuck Heun Song and Byoung Cheol Jung, Journal
of Econometrics, Vol. 154 (February, 2010), pp. 122-124.
“Financial Development and Openness: Evidence from Panel Data." Panicos Demetriades and Siong Hook Law, Journal of Development
Economics, Vol. 89 (July, 2009), pp. 285-296.
“Estimating Regional Trade Agreement Effects on FDI in an
Interdependent World." Peter Egger and Michael Pfaffermayr, Journal
of Econometrics, Vol. 145 (July, 2008), pp. 194-208.
“Estimating Models of Complex FDI: Are there Third Country Effects?" Peter Egger and Michael Pfaffermayr, Journal of Econometrics,
Vol. 140 (September, 2007), pp. 260-281.
“Testing for Serial Correlation, Spatial Autocorrelation
and Random Effects Using Panel Data." Seuck Heun Song, Byoung Cheol
Jung and Won Koh, Journal of Econometrics, Vol. 140 (September, 2007),
pp. 5-51.
“Panel Unit Root Tests and Spatial Dependence." Georges
Bresson and Alain Pirotte, Journal of Applied Econometrics, Vol. 22
(March, 2007), pp. 339-360.
“Joint LM Test for
Heteroskedasticity in a One-Way Error Component Model." Georges
Bresson and Alain Pirotte, Journal of Econometrics, Vol. 134 (October,
2006), pp. 401-417.