rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Panel Data Econometric Models
    sub title: Theory and Application
  name:
    name part: Gao, Yichen
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: Li, Qi
    role:
      role term: thesis advisor.
  name:
    name part: Texas A & M University
    role:
      role term: degree granting institution.
  type of resource: text
  genre: bibliography
  origin info:
    place:
      place term: txu
    date issued: 2013
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: remote
    extent: 1 online resource.
  abstract: This dissertation contains two essays studying panel data econometric models. First, we consider the problem of estimating a nonparametric panel data models with fixed effects. We propose using the profile least squares method to concentrate out the fixed effects and then estimate the unknown function by the kernel method. We show that our proposed estimator is consistent and has an asymptotically normal distribution. Monte Carlo simulations show that our proposed estimator performs well compared with several existing estimators. Second, we study the effects of Hong Kong's fixed exchange rate against U.S. dollar using a novel panel data method. After the 1997 Asian Financial Crisis, many of the Asia countries adopted flexible exchange rate policies while Hong Kong still keeps its fixed exchange rate. By comparing Hong Kong versus its major trading partners, we show that if, like other Asian countries, Hong Kong had adopted a float exchange rate policy in October 1998, Hong Kong's (counterfactual) total value of exports would increase by 14.65 %. Similarly, Hong Kong's total value of imports would increase about 31%. We conclude that Hong Kong dollar is overvalued by 9.34% due to its fixed exchange rate policy. The electronic version of this dissertation is accessible from http://hdl.handle.net/1969.1/151012
  note: by Yichen Gao.
  note: "Major Subject: Economics"
  note: Includes vita.
  note: Doctor of Philosophy Texas A & M University 2013 http://hdl.handle.net/1969.1/151012
  note: Includes bibliographical references.
  note: Text (Dissertation)
  subject:
    topic: Major Economics
  subject:
    topic: Nonparametric estimation
  subject:
    topic: fixed effects
  subject:
    topic: panel data
  subject:
    topic: Hong Kong
  subject:
    topic: trade prices
  subject:
    topic: exchange rate
  identifier: http://hdl.handle.net/1969.1/151012
  record info:
    record content source: TXA
    record creation date: 140303
    record change date: 20151206092223.0
    record identifier: in00003477436
    language of cataloging:
      language term: eng