Read full paper at: http://www.scirp.org/journal/PaperInformation.aspx?PaperID=53142#.VLXZbMnQrzE Author(s) Yuji Matsuoka 1 , Shigeyuki Hamori 2* Affiliation(s) 1 Graduate School of Economics, Kobe University, Kobe, Japan . 2 Faculty of Economics, Kobe University, Kobe, Japan . ABSTRACT It is generally believed that the signs of the estimated coefficient and its t value should be the same. This paper, however, shows that there may be an inconsistency in the signs of the estimated coefficient and its t value when we use the group mean dynamic OLS estimator developed by Pedroni (2001). KEYWORDS t Value , Group Mean Dynamic OLS Estimator , Panel Data Cite this paper Matsuoka, Y. and Hamori, S. (2015) On the Relationship between Estimate and Its t Value. Theoretical Economics Letters , 5 , 1-3. doi: 10.4236/tel.2015.51001 . References [ 1 ] Stock, J.S. and Watson, M.W. (2011) Introduction to ...
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