Dealing with structural breaks is an essential step in most empirical economic research. This
is particularly true in panel data comprised of many cross-sectional units, which are all …

Introduction This study investigates the Health-Led Growth Hypothesis (HLGH) within OECD
countries, examining how health expenditures influence economic growth and the role of …

This paper re‐examines a well‐established hypothesis postulating that life expectancy
augments incentives for human capital accumulation, leading to global income differences …

Since the beginning of the global 2020 economic crisis, the need to turn to sustainable
economies has been arising in order to cope with the risks that derive from climate change …

Profit shifting and tax-base erosion by multinationals are thorns in the side of public budgets
since they jeopardize the capacity of governments to raise tax revenues. Recent literature …

Spurious regression analysis in panel data when the time series are cross-section
dependent is analyzed in the article. The set-up includes (possibly unknown) multiple …

This paper addresses econometric challenges arising in panel data analyses related to IPAT
(environmental Impact of Population, Affluence and Technology) models and other …

This paper develops a Stein-like combined estimator for large heterogeneous panel data
models under common structural breaks. The model allows for cross-sectional dependence …

This book is motivated by the recent development in high-dimensional panel data models
with large amount of individuals/countries (n) and observations over time (T). Specifically, it …

This paper considers a heterogeneous panel data model with an unknown number of
breaks. We propose a so-called two-stage procedure to determine the number of breaks and …