DPDM - What does DPDM stand for? The Free Dictionary
References in periodicals archive
In case of dynamic panel data models (DPDMs), the estimators become biased and inconsistent customarily as a consequence of the inclusion of lagged dependent variable (see Baltagi , Kiviet ).
But in the meanwhile, the correlation between the lagged dependent (explanatory) variable and the error term renders the GLS estimator biased and inconsistent in case of DPDMs also.
is characterized by individual effects [[eta].sub.i] caused by heterogeneity among the individuals.