Overview
- Presents the econometric foundations and applications of multi-dimensional panels
- Integrates the timely and very hot topic of "big data revolution"
- First book on the topic to provide new results and to synthesize existing knowledge on the field
- Useful as a standard reference book, textbook, and as a source of background material for professionals who conduct empirical studies
Part of the book series: Advanced Studies in Theoretical and Applied Econometrics (ASTA, volume 50)
Access this book
Tax calculation will be finalised at checkout
Other ways to access
Table of contents (15 chapters)
-
Front Matter
-
Back Matter
Keywords
About this book
This book presents the econometric foundations and applications of multi-dimensional panels, including modern methods of big data analysis.
The last two decades or so, the use of panel data has become a standard in many areas of economic analysis. The available models formulations became more complex, the estimation and hypothesis testing methods more sophisticated. The interaction between economics and econometrics resulted in a huge publication output, deepening and widening immensely our knowledge and understanding in both. The traditional panel data, by nature, are two-dimensional. Lately, however, as part of the big data revolution, there has been a rapid emergence of three, four and even higher dimensional panel data sets. These have started to be used to study the flow of goods, capital, and services, but also some other economic phenomena that can be better understood in higher dimensions. Oddly, applications rushed ahead of theory in this field.
This book isaimed at filling this widening gap. The first theoretical part of the volume is providing the econometric foundations to deal with these new high-dimensional panel data sets. It not only synthesizes our current knowledge, but mostly, presents new research results. The second empirical part of the book provides insight into the most relevant applications in this area. These chapters are a mixture of surveys and new results, always focusing on the econometric problems and feasible solutions.
Editors and Affiliations
About the editor
Laszlo Matyas is a well-known Hungarian-Australian economist/econometrician. He (co)authored and (co)edited several high impact publications in econometrics, mostly in the field of panel data. Currently he is a University Professor at the Central European University (CEU – Budapest, Hungary). Earlier, among others, worked as Senior Lecturer at Monash University (Melbourne, Australia), was the founding Director of the Institute for Economic Analysis (Budapest, Hungary), and also served as Provost of CEU. The new volume he put together on the Econometrics of Multi-dimensional Panels, forthcoming with Springer-Verlag in 2017, is the 10th book he compiled over the last two decades.
Bibliographic Information
Book Title: The Econometrics of Multi-dimensional Panels
Book Subtitle: Theory and Applications
Editors: Laszlo Matyas
Series Title: Advanced Studies in Theoretical and Applied Econometrics
DOI: https://doi.org/10.1007/978-3-319-60783-2
Publisher: Springer Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Springer International Publishing AG 2017
Softcover ISBN: 978-3-319-86932-2Published: 04 August 2018
eBook ISBN: 978-3-319-60783-2Published: 26 July 2017
Series ISSN: 1570-5811
Series E-ISSN: 2214-7977
Edition Number: 1
Number of Pages: XIX, 456
Topics: Econometrics, Statistics for Business, Management, Economics, Finance, Insurance, Data Mining and Knowledge Discovery, Big Data/Analytics, Game Theory, Economics, Social and Behav. Sciences, Statistical Theory and Methods