On the Practice of Lagging Variables to Avoid Simultaneity

Oxford Bulletin of Economics and Statistics

Volumn 77, Issue 6, 2015, Pages 897-905

  Reed, William Robert ^a  

^a UNIVERSITY OF CANTERBURY   (New Zealand)

Author keywords

Lagged variables; Reverse causality; Simultaneity

Indexed keywords

EID: 84945436990     PISSN: 03059049     EISSN: 14680084     Source Type: Journal    
DOI: 10.1111/obes.12088     Document Type: Article

References (15)

1. Aschhoff, B. and Schmidt, T. (2008). 'Empirical evidence on the success of R&D cooperation-Happy together?', Review of Industrial Organization, Vol. 33, pp. 41-62.
2. Bania, N., Gray, J.A., and Stone, J.A. (2007). 'Growth, taxes, and government expenditures: growth hills for U.S. states', National Tax Journal, Vol. LX (60), pp. 193-204.
3. Bansak, C., Morin, N., and Starr, M. (2007). 'Technology, capital spending, and capacity utilization', Economic Inquiry, Vol. 45, pp. 631-645.
4. Brinks, D. and Coppedge, M. (2006). 'Diffusion is no illusion: neighbor emulation in the third wave of democracy', Comparative Political Studies, Vol. 39, pp. 463-489
5. Buch, C., Koch, C. T., and Koetter, M. (2013). 'Do banks benefit from internationalization? Revisiting the market power-risk nexus', Review of Finance, Vol. 17, pp. 1401-1435.
6. Clemens, M.A., Radelet, S., Bhavnani, R.R., and Bazzi, S. (2012). 'Counting chickens when they hatch: Timing and the effects of aid on growth', The Economic Journal, Vol. 122, pp. 590-617.
7. Cornett, M.M., Marcus, A.J., Saunders, A., and Tehranian, H. (2007). 'The impact of institutional ownership on corporate operating performance', Journal of Banking & Finance, Vol. 31, pp. 1771-1794.
8. Green, R.K., Malpezzi, S., and Mayo, S.K. (2005). 'Metropolitan-specific estimates of the price elasticity of supply of housing, and their sources', American Economic Review, Vol. 95, pp. 334-339.
9. Gupta, N. (2005). 'Partial privatization and firm performance', Journal of Finance, Vol. 60, pp. 987-1015.
10. Hayo, B., Kutan, M.K., and Neuenkirch, M. (2010). 'The impact of U.S. central bank communication on European and Pacific equity markets', Economics Letters, Vol. 108, pp. 172-174.
11. Jensen, P.S., and Paldam, M. (2006). 'Can the two new aid-growth models be replicated?', Public Choice, Vol. 127, pp. 147-175.
12. Kinal, T. (1980). 'The existence of moments of k-class estimators', Econometrica, Vol. 48, pp. 241-249.
13. MacKay, P. and Phillips, G.M. (2005). 'How does industry affect firm financial structure?', Review of Financial Studies, Vol. 18, pp. 1433-1466.
14. Stiebale, J. (2011). 'Do financial constraints matter for foreign market entry? A firm-level examination', World Economy, Vol. 34, pp. 123-153.
15. Vergara, R. (2010). 'Taxation and private investment: evidence for Chile', Applied Economics, Vol. 42, pp. 717-725.