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Estimation of dynamic panel threshold model using Stata
Open accessAbstract
In this article, we develop a command, xthenreg, that implements the first-differenced generalized method of moments estimation of the dynamic panel threshold model that Seo and Shin (2016, Journal of Econometrics 195: 169–186) proposed. Furthermore, we derive the asymptotic variance formula for a kink-constrained generalized method of moments estimator of the dynamic threshold model and provide an estimation algorithm. We also propose a fast bootstrap algorithm to implement the bootstrap for the linearity test. We illustrate the use of xthenreg through a Monte Carlo simulation and an economic application.
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“Therefore, we use the first-differenced GMM (FD-GMM) estimation to address the possible endogeneity of the panel threshold model [79,80].”
From Digital financial inclusion and quality of economic growth (2023) · cites this paper as [79]
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Metadata
- Authors
- Seo, M. H., Kim, S., & Kim, Y.-J.
- Affiliations
- Seoul National University (KR)
- University of Maryland, College Park (US)
- Hongik University (KR)
- Corresponding author
- Seo, Myung Hwan
- Kim, Sueyoul
- Kim, Young-Joo
- Venue
- The Stata Journal Promoting communications on statistics and Stata
- Publisher
- SAGE Publications
- Published
- 2019-09
- Volume
- 19
- Issue
- 3
- Pages
- 685-697
- ISSN
- 1536-867X (ISSN-L)
- 1536-8734
- OpenAlex
- W2919906414
- Cited by
- 352
- References
- 12
- Citations by year
- 2026: 72 · 2025: 86 · 2024: 62 · 2023: 61 · 2022: 33 · 2021: 24 · 2020: 12 · 2019: 2
- FWCI
- 22.13
- Type
- journal article
- Language
- en
- Open access
- bronze
- doi.org
- Locations
- The Stata Journal Promoting communications on statistics and Stata (publishedVersion)
- arXiv (Cornell University) (submittedVersion)
- Rare & Special e-Zone (The Hong Kong University of Science and Technology) (submittedVersion)
- Seoul National University Open Repository (Seoul National University) (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Spatial and Panel Data Analysis
- Physical Sciences › Mathematics › Statistics and Probability › Statistical Methods and Bayesian Inference
- Physical Sciences › Mathematics › Statistics and Probability › Advanced Causal Inference Techniques
- Keywords
- dynamic panel threshold model, Stata command, asymptotic variance, bootstrap algorithm, linearity testing
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