Enregistré dans:
Détails bibliographiques
Auteur principal: Hughes, David W.
Format: Preprint
Publié: 2022
Sujets:
Accès en ligne:https://arxiv.org/abs/2203.15603
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Table des matières:
  • I introduce a new method for bias correction of dyadic models with agent-specific fixed effects, including the dyadic link formation model with homophily and degree heterogeneity. The proposed approach uses a jackknife procedure to deal with the incidental parameters problem. The method can be applied to both directed and undirected networks, allows for non-binary outcome variables, and can be used to bias correct estimates of average effects and counterfactual outcomes. I also show how the jackknife can be used to bias correct fixed-effect averages over functions that depend on multiple nodes, e.g. triads or tetrads in the network. As an example, I implement specifica- tion tests for dependence across dyads, such as reciprocity or transitivity. Finally, I demonstrate the usefulness of the estimator in an application to a gravity model for import/export relationships across countries.