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| Author: | Baltagi, B. |
| Title: | To pool or not to pool: homogeneous versus heterogeneous estimators applied to cigarette demand |
| Journal: | Review of Economics and Statistics
2000 : FEB, VOL. 82:1, p. 117-126 |
| Index terms: | ECONOMICS CIGARETTE INDUSTRY DEMAND |
| Language: | eng |
| Abstract: | This paper reexamines the benefits of pooling, and, in addition, contrasts the performance of newly proposed heterogeneous estimators. The analysis utilizes a panel data set from 46 American states over the period 1963 to 1992 and a dynamic demand specification for cigarettes. Also, the forecast performance of the various estimators is compared. |
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