TY  - BOOK
AU  - Massetti,Emanuele
AU  - Mendelsohn,Robert
ED  - National Bureau of Economic Research.
TI  - Estimating Ricardian Models With Panel Data
T2  - NBER working paper series
PY  - 2011///
CY  - Cambridge, Mass.
PB  - National Bureau of Economic Research
N1  - June 2011; Hardcopy version available to institutional subscribers
N2  - Many nonmarket valuation models, such as the Ricardian model, have been estimated using cross sectional methods with a single year of data. Although multiple years of data should increase the robustness of such methods, repeated cross sections suggest the results are not stable. We argue that repeated cross sections do not properly specify the model. Panel methods that correctly specify the Ricardian model are stable over time. The results suggest that many cross sectional methods including hedonic studies and travel cost studies could be enhanced using panel data
UR  - https://www.nber.org/papers/w17101
UR  - http://dx.doi.org/10.3386/w17101
ER  -