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Panel data analysis in the demographic and spatial econometric estimation of carbon dioxide emissions sources, 1960-2010 public deposited.

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This dissertation presents three interrelated investigations focusing on the human dynamics of the carbon dioxide (CO 2 ) emissions. Recent research has used the STIRPAT analytical framework for identifying anthropogenic sources of these emissions by modeling changes of population, affluence, and technology at a range of scales. Despite its wide applicability and flexibility, the STIRPAT framework as currently applied has several shortcomings with regards to modeling the spatial nature of economic production. The three investigations in this dissertation address this shortcoming by bringing space and geography in stochastic environmental modeling using concepts drawn from economic geography, quantitative spatial analysis, and economic demography.

The first investigation, in Chapter 3, addresses time and space effects in panel data. Exploring the consequences for ignoring divergence in undifferentiated time-series, cross-sectional data, this investigation illustrates potential problems for coefficients estimated using standard panel data procedures. Known as `cluster confounding,' this effect results in the tendency for income to be positive over time, but negatively correlated with carbon dioxide between places, creating significant problems for estimation and inference in STIRPAT. I present a panel data regression technique for mitigating problems stemming from cluster confounding in panel data.

Chapter 4 examines the scale sensitivity hypothesis in STIRPAT, addressing long-standing criticisms of mathematical models in local-level analyses made within the literature of human and political ecology. Juxtaposing proximate physical sources of carbon dioxide emissions with distal 'theoretical' determinants, panel data estimates in this chapter illustrate weak support for the scale sensitivity hypothesis. By estimating labor force participation, age-structure, and retail employment as distal sources of CO 2 emissions, and using industrial-economic base as proximate sources of CO 2 , this analysis challenges expected scale sensitivity hypotheses.

Last, Chapter 5 investigates the demographic dividend in national-level carbon dioxide emissions increases. Using panel data from 1960-2009, I test the temporal coincidence of industrial development and growth in labor force participation as an independent variable signaling dividend effects, and attempt to understand these interaction effects as drivers positively correlated with CO 2 emissions. This analysis finds that demographic dividend effects are not statistically significant when strictly defined, and statistically significant when industrialization is more broadly defined.

  • Roberts, Tyler Douglas
  • Foote, Kenneth E.
  • O'Neill, Brian C.
  • Root, Elisabeth D.
  • Downey, Liam
  • Riosmena, Fernando
  • University of Colorado Boulder
  • carbon dioxide
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Panel Data Analysis: A Guide for Nonprofit Studies

  • Research Papers
  • Published: 19 March 2021
  • Volume 34 , pages 193–208, ( 2023 )

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panel data analysis master thesis

  • Yuhao Ba   ORCID: orcid.org/0000-0002-4148-2494 1 ,
  • Jessica Berrett 2 &
  • Jason Coupet 1  

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The growing push in nonprofit studies toward panel data necessitates a methodological guide tailored for nonprofit scholars and practitioners. Panel data analysis can be a robust tool in advancing the understanding of causal and/or more nuanced inferences that many nonprofit scholars seek. This study provides a walk-through of the assumptions and common modeling approaches in panel data analysis, as well as an empirical illustration of the models using data from the nonprofit housing sector. In addition, the paper compiles applications of panel data analysis by scholars in leading nonprofit journals for further reference.

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panel data analysis master thesis

Panel Data Analysis

panel data analysis master thesis

Non-linear Panel Data Models

Regarding different types of data, in general, time-series data refers to a collection of observations made chronologically on one subject, for instance, historical stock prices of one firm. In this case, in order to have enough variation, the length of a time series is an important determinant of the usefulness of such data, panel data, as we mentioned in the paper, entail observations made on the same sample of subjects over time. The difference here is in the data structure. Compared with time-series data, panel data have more than one cross-sectional subject. Accordingly, both its length (i.e., number of time periods) and its width (i.e., number of cross-sectional subjects) jointly decide the usefulness of a panel dataset. Additionally, some studies also use the term time-series cross-sectional (TSCS) data to refer to panel data (Lewis-Beck et al., 2004), while some others suggest that TSCS data have comparatively fewer cross-sectional subjects than panel data (see Bell & Jones, 2015 ). As for the term longitudinal data, researchers often use it interchangeably with the term panel data (Frees, 2004 ).

Here, a necessary yet challenging sampling strategy in panel data analysis is to keep track of the same sampled subjects until the completion of data collection, as attrition of subjects out of the sample could lead to incorrect inferences (Baltagi, 2008 ).

Here, we acknowledge that it is common for nonprofit scholars to choose other publication outlets such as Journal of Public Administration Research and Theory (e.g., Cheng, 2018; de Wit & Bekkers, 2017 ) and Public Performance & Management Review (e.g., Pandey & Johnson, 2019 ). Given the broad coverage of these journals, however, we decided to narrow our focus on VOLUNTAS , NML , and NVSQ , which focus solely on nonprofit studies.

In practice, the presence of different levels of multicollinearity is common given the implicit and/or explicit interconnectedness of many variables in social sciences. The disadvantage of having multicollinearity is that it could lead to relatively large estimated standard errors for the coefficient estimates of independent variables that are correlated with others, which would undermine their statistical significance (Allen, 1997 ).

Here, it is important to acknowledge that directly adding an LDV as an independent variable could violate the OLS assumption that independent variables do not correlate with the error term. This is because the error term is supposed to encapsulate all the variation that is left in the dependent variable but are not explained by the independent variable(s). An LDV is thus likely to correlate with such remaining variation as it represents the variation in the DV that is from the previous period. This issue would be further complicated if the model specification includes panel-specific error terms such as FE terms (Zhu, 2013 ). In this case, we do not recommend directly adding an LDV to account for the dynamics process. We introduce this approach because it is our intention to provide the basic assumptions and modeling approaches that are involved in panel data analysis. To deal with such potential correlations that an LDV might induce, however, researchers could rely on instrumentation techniques such as a second-order LDV (the DV that is two periods before the current one; Anderson & Hsiao, 1981 ) or the generalized method of movements (GMM) estimator proposed by Arellano & Bond ( 1991 ).

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The Impact of Macroeconomic variables on economic growth: A Panel Data Analysis of selected Developing Sub-Saharan African countries

Masters Thesis

AuthorsVincent, Chiamaka
TypeMasters Thesis
Abstract

2015 dissertation for MSc Finance and Risk. Selected by academic staff as a good example of a masters level dissertation.
The emphasis of the study examines the impact of macroeconomic
variables i.e. inflation, interest rate, unemployment, export and foreign direct
investment on gross domestic product of selected Sub-Saharan African
countries over a 20 year period (1993-2013) with the objective of identifying
how these variables interact with the GDP, For the purpose of this study annual
data is collected from 1993-2013 for some selected Sub-Saharan African
countries and analyzed using panel data. It is expected that by estimating the
model of the sample countries, economic growth has a positive relationship
with foreign direct investment (FDI) and export, while interest rate,
unemployment rate and inflation in the same sample period has a negative
relationship with economic growth. Adopting the random effect model from
the results of the Hausman test at 5% confidence level, results found that
inflation rate measured by consumer price index and unemployment have had
a negative effect on economic growth in the SSA region between the period
1993-2013, foreign direct investment, interest rate and export rate have had a
positive significant effect on economic growth.

Year2015
Publication dates
08 Sep 2015
Publication process dates
20 Oct 2015
Publisher's version MK7227_1415C_V-Vincent__Growth_Africa_Assignment_2_26_August__2015_315549_2046331879.pdf

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Some Estimation Methods for Dynamic Panel Data Models

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Economic Growth in ASEAN-4 Countries: A Panel Data Analysis

Nooraini, Saidin (2012) Economic Growth in ASEAN-4 Countries: A Panel Data Analysis. Masters thesis, Universiti Utara Malaysia.

This research studies the impact of economic variables which are foreign direct investment (FDI), openness and gross fixed capital formation to economic growth which indicates using gross domestic product (GDP). Data is collected from 1981 until 2008 using World Development Indicator CD-ROM. This research estimates using panel data estimation. In order to test the significance of the variable, this research uses panel unit root test. Result of panel data unit root test shows that all variables in panel unit root test are significant and stationary at first difference 5 percent level of significant. In addition, the impact of variables to GDP is estimated using three panel estimation models which are called pooled model (pooled), fixed effects model (FEM) and random effects model (REM). Result of three particular models in panel estimation give the stationary at 5 percent level of significant for all variables involved. Variable of openness for pooled and random effects model indicate negative relation with GDP. Meanwhile, other variables in all models show positive relation with GDP. Goodness to fit in this research for all models demonstrate high value which 0.74 (pooled), 0.87 (FEM) and 0.73 (REM). Furthermore, Hausman test is employed to this research in order to choose the best model. Result for this test suggests rejecting null hypothesis because of the value of p is 0.00 (p<.05). On other words, rejecting of null hypothesis may conclude that the FEM will apply. Thus, this research describes that all variables are correlated with each other and also have the positive relationship to GDP. Hence, all variables may lead economic growth boost when they are increase whereas FDI becomes the most efficient variable in order to assist economic growth and followed by openness and gross fixed capital formation. Otherwise, the result in Ordinary Least Squares (OLS) which implies in this study as well test all variables stationary at 5 percent level of significant. These shows only gross fixed capital formation is significant to growth and contributes the positive effect to GDP in each ASEAN-4 countries. However, OLS estimation result for Indonesia shows the other variable has significant to growth which is openness; while it gives the negative affect the GDP. Instead of Indonesia, openness is not significant at other ASEAN-4 countries such as Malaysia, Thailand and Philippines. Besides, other variable is FDI also not significant in the case of all ASEAN-4 countries. It means that, openness does not correlated to growth for Malaysia, Thailand and Philippines countries; while FDI is not correlated to growth for all ASEAN-4 countries in this study.

Item Type: Thesis (Masters)
Supervisor : Hussin, Fauzi
Item ID: 3038
Subjects: >
Divisions:
Date Deposited: 30 Dec 2012 02:02
Last Modified: 17 Oct 2022 04:15
Department: Othman Yeop Abdullah Graduate School of Business
Name: Hussin, Fauzi
URI:

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Mamo, Fikirte

Abstract [en].

One of the most important objectives for any countries is to sustain high economic growth. Even though there are main factors that affect economic growth, the concern of this paper is only about inflation. The relationship between economic growth and inflation is debatable. The first objective of this study is to investigate the relationship between inflation and economic growth. This study uses panel data which includes 13 SSA countries from 1969 to 2009. To analyze the data the model is formed by taking economic growth as dependent variable and four variables (i.e. inflation, investment, population and initial GDP) as independent variables. The result indicates that there is a negative relationship between economic growth and inflation. This study is also examined the causality relationship between economic growth and inflation by using panel Granger causality test. Panel granger causality test shows that inflation can be used in order to predict growth for all countries in the sample, while the opposite it is only true for Congo, Dep. Rep and Zimbabwe.

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panel data analysis master thesis

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    The UEL Research Repository preserves and disseminates open access publications, research data, and theses created by members of the University of East London. It exists as an online publication platform that offers free permanent access to anyone. For more information about the repository and how to deposit your research contact: [email protected]

  12. Panel Data Estimation Techniques and Farm-level Data Models

    Piatoni, Sckokai, and Moro Panel Data Estimation Techniques and Farm-level Data Models 1203. often span several years, the most appropri performance significantly. For unbalanced ate regression technique is a two-way ECM, panel data involving a sufficiently long time in which both time and individual (i.e. farm horizon, we propose using two-way ...

  13. PDF MASTER THESIS IN ECONOMICS EFFECT OF OIL PRICES ON THE ECONOMIC ...

    effects using the panel data. In this thesis I would better control for omitted variables using panel data and fixed effect regression. In addition, in this study I am extending the number of countries and enlarge the time horizon by using pooled OLS and two-way fixed effect. 5.1 Panel Data I will use the approach of panel data for estimation.

  14. Some Estimation Methods for Dynamic Panel Data Models

    Abstract. This thesis considers estimation of dynamic panel data models under different assumptions, and we focus on explore the bias properties of the different estimation methods. And, we focus ...

  15. PDF Rasmus Univ Rsity Rott R Am

    The data I have collected has come mainly from the sources of Transparency International, the World Bank, Penn World Tables and Barro-Lee's data sample on Schooling. The main hypothesis I will be testing is if there is a link between economic growth (in real terms) and

  16. Economic Growth in ASEAN-4 Countries: A Panel Data Analysis

    This research estimates using panel data estimation. In order to test the significance of the variable, this research uses panel unit root test. ... Saidin (2012) Economic Growth in ASEAN-4 Countries: A Panel Data Analysis. Masters thesis, Universiti Utara Malaysia. Preview. Text Nooraini_Saidin.pdf ... Thesis (Masters) Supervisor : Hussin ...

  17. A Panel Data Approach of Determining Factors of Economic Growth ...

    2022 (English) Independent thesis Advanced level (degree of Master (One Year)), 20 credits / 30 HE credits Student thesis Abstract [en] Objectives: The main objectives of the study include, to identify whether there is any direct impact of labor, capital/investment, technological advancement and institutional quality on economic growth; understanding the marginal effect of capital and ...

  18. Practical Guides To Panel Data Modeling A Step by Step

    International University of Japan Public Management & Policy Analysis Program Practical Guides To Panel Data Modeling: A Step by Step Analysis Using Stata * Hun Myoung Park, Ph.D. [email protected] 1. Introduction 2. Preparing Panel Data 3. Basics of Panel Data Models 4. Pooled OLS and LSDV 5. Fixed Effect Model 6. Random Effect Model 7. Hausman Test and Chow Test 8.

  19. PDF Economic Growth and Inflation

    A panel data analysis Södertörns University | Department of Social Sciences| Economics Master Programme, Thesis | 2012 By: Fikirte Tsegaye Mamo Supervisor: ... Key words ׃ economic growth, inflation, panel data, fixed effects, panel Granger causality test . 3 Acknowledgment I am indebted to God for his help, and to my brother Dawit, to my ...

  20. Dissertations / Theses: 'Fixed effect panel data model'

    Consult the top 45 dissertations / theses for your research on the topic 'Fixed effect panel data model.'. Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard ...

  21. Economic growth and Inflation : A panel data analysis

    2012 (English) Independent thesis Advanced level (degree of Master (One Year)), 20 credits / 30 HE credits Student thesis Abstract [en] One of the most important objectives for any countries is to sustain high economic growth. Even though there are main factors that affect economic growth, the concern of this paper is only about inflation.

  22. Master Thesis

    Thesis currently in process: • The effect of parental leave reforms on the within-family wage gap in Germany (Liudmila Trifonova) • Workplace exposure to artificial intelligence, wage growth and employment: Individual-level evidence from Germany (Julia Runkel) Completed dissertations: • Employment responses to changing gas prices (Jan ...