Generalized method of moments' characteristics and its application on paneldata

Generalized Method of Moments(GMM) is an estimation procedure that allows econometric models especially in panel data to be specified while avoiding often unwanted or unnecessary assumption, such as specifying a particular distribution for the errors, Panel data is combination of time series and cro...

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Main Authors:	Utami, Bernadhita H. S, Warsono, Dian Kurniasari, Usman, Mustofa, Elfaki, Faiz Ahmed Mohamed
Format:	Article
Language:	English
Published:	Sci.Int.(Lahore) 2014
Subjects:	TA329 Engineering mathematics. Engineering analysis
Online Access:	http://irep.iium.edu.my/38201/ http://irep.iium.edu.my/38201/3/Sci._Int_%28Lahore%29_Generalised_method.pdf

id	iium-38201
recordtype	eprints
spelling	iium-382012015-01-07T18:40:00Z http://irep.iium.edu.my/38201/ Generalized method of moments' characteristics and its application on paneldata Utami, Bernadhita H. S Warsono, Dian Kurniasari Usman, Mustofa Elfaki, Faiz Ahmed Mohamed TA329 Engineering mathematics. Engineering analysis Generalized Method of Moments(GMM) is an estimation procedure that allows econometric models especially in panel data to be specified while avoiding often unwanted or unnecessary assumption, such as specifying a particular distribution for the errors, Panel data is combination of time series and cross section data that contain observations on thousands of individuals or families, each observed as several points in time. Furthermore, the Generalized Method of Moments estimator is obtained by minimizing the criterion function bu making sample moment match the population moment. The point of this research is to analyze characteristics GMM estimator on panel data fixed effect models especially unbiasedness, variance minimum, consistency, and normal asymptotic distributed estimator properties. This paper also provide the application of GMM estimation on the area of "Cost for United States Airlines on Six Firms from 1970-1984". Sci.Int.(Lahore) 2014 Article PeerReviewed application/pdf en http://irep.iium.edu.my/38201/3/Sci._Int_%28Lahore%29_Generalised_method.pdf Utami, Bernadhita H. S and Warsono, Dian Kurniasari and Usman, Mustofa and Elfaki, Faiz Ahmed Mohamed (2014) Generalized method of moments' characteristics and its application on paneldata. Science International Lahore, 26 (3). pp. 985-990. ISSN 1013-5316
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	TA329 Engineering mathematics. Engineering analysis
spellingShingle	TA329 Engineering mathematics. Engineering analysis Utami, Bernadhita H. S Warsono, Dian Kurniasari Usman, Mustofa Elfaki, Faiz Ahmed Mohamed Generalized method of moments' characteristics and its application on paneldata
description	Generalized Method of Moments(GMM) is an estimation procedure that allows econometric models especially in panel data to be specified while avoiding often unwanted or unnecessary assumption, such as specifying a particular distribution for the errors, Panel data is combination of time series and cross section data that contain observations on thousands of individuals or families, each observed as several points in time. Furthermore, the Generalized Method of Moments estimator is obtained by minimizing the criterion function bu making sample moment match the population moment. The point of this research is to analyze characteristics GMM estimator on panel data fixed effect models especially unbiasedness, variance minimum, consistency, and normal asymptotic distributed estimator properties. This paper also provide the application of GMM estimation on the area of "Cost for United States Airlines on Six Firms from 1970-1984".
format	Article
author	Utami, Bernadhita H. S Warsono, Dian Kurniasari Usman, Mustofa Elfaki, Faiz Ahmed Mohamed
author_facet	Utami, Bernadhita H. S Warsono, Dian Kurniasari Usman, Mustofa Elfaki, Faiz Ahmed Mohamed
author_sort	Utami, Bernadhita H. S
title	Generalized method of moments' characteristics and its application on paneldata
title_short	Generalized method of moments' characteristics and its application on paneldata
title_full	Generalized method of moments' characteristics and its application on paneldata
title_fullStr	Generalized method of moments' characteristics and its application on paneldata
title_full_unstemmed	Generalized method of moments' characteristics and its application on paneldata
title_sort	generalized method of moments' characteristics and its application on paneldata
publisher	Sci.Int.(Lahore)
publishDate	2014
url	http://irep.iium.edu.my/38201/ http://irep.iium.edu.my/38201/3/Sci._Int_%28Lahore%29_Generalised_method.pdf
first_indexed	2023-09-18T20:54:51Z
last_indexed	2023-09-18T20:54:51Z
_version_	1777410235855536128

Generalized method of moments' characteristics and its application on paneldata

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