Does diversification promote risk reduction and profitability raise? Estimation of dynamic impacts using the pooled mean group model

DOI10.1080/02664763.2016.1252729MaRDI QIDQ5138673zbMATH OpenOpenAlexFDO

Authors Ying-Hsiu Chen, Polin Lai

Publication date 4 December 2020

Published in Journal of Applied Statistics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1080/02664763.2016.1252729

zbMATH Keywords

heterogeneitydiversificationdynamic effectsPMG

Mathematics Subject Classification ID

Statistics (62-XX)

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Cites work

• Estimating long-run relationships from dynamic heterogeneous panels
• Pooled Mean Group Estimation of Dynamic Heterogeneous Panels

Cited in

(9)

• The threshold effects of income diversification on bank stability: an efficiency perspective based on a dynamic network slacks-based measure model
• What do mean impacts miss? Distributional effects of corporate diversification
• Did diversified and less risky banks perform better amid the pandemic?
• On the microeconomics of diversification under learning
• Does value-at-risk encourage diversification when losses follow tempered stable or more general Lévy processes?
• Diversification and bank stability
• Corporate diversification and the price-earnings association
• Heterogeneous causal inference of corporate profitability using two-scale distributional nearest neighbor estimation
• What drives variation in the international diversification benefits? A cross-country analysis

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