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In: ECONOMICS OF POVERTY, ENVIRONMENT AND NATURAL RESOURCE USE, A. Ruijs, R. Dellink, eds., Springer, 2008
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In: ECONOMIC JUSTICE IN A FLAT WORLD: CHRISTIAN PERSPECTIVES ON GLOBALIZATION, Steven L. Rundle, ed., Carlisle, UK: Paternoster, Forthcoming
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In: Economic Devlopment and Cultural Change
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In: Handbooks in economics
In: CEREQ bref / Céreq, 372
World Affairs Online
In: Priorities for Development Economics
In: The economic journal: the journal of the Royal Economic Society, Band 134, Heft 659, S. 1069-1099
ISSN: 1468-0297
Abstract
The long-recognised spurious regression problem can lead to mistaken inference in panel instrumental variable estimation. Spurious correlations arising from correlated cycles in finite time horizons can make irrelevant instruments appear strong with signable consequences for estimated instrumental variable coefficients, or interfere with valid inference of causal effects from instrumental variable coefficients estimated using relevant instruments. The inclusion of time fixed effects in interacted specifications does not always resolve these problems. We demonstrate these concerns by revisiting recent studies of the causal origins of conflict. We offer diagnostic and corrective recommendations for avoiding the pitfalls arising from time series exhibiting persistence.
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Band 157, S. 1-12
World Affairs Online
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In: Journal of development economics, Band 143
ISSN: 0304-3878
World Affairs Online
In: NBER Working Paper No. w22626
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In: American Journal of Agricultural Economics, Band 98, Heft 1, S. 154-171
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In: American Journal of Agricultural Economics, Band 96, Heft 1, S. 269-289
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In: CHOICES: The magazine of food, farm, and resource issues, 3rd Quarter 2014 • 29(3)
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