In this article, we propose a robust approach against heteroscedasticity, error serial correlation and slope heterogeneity in linear models with interactive effects for large panel data. First, consis
In panel data models and other regressions with unobserved effects, fixed effects estimation is often paired with cluster-robust variance estimation (CRVE) in order to account for heteroskedasticity a
One of the key contributors to climate change is energy consumption, with the type of energy used having implications on the natural environment and health of users. To promote environmental sustainab
Affordable health care is often a result of increased government spending on the health sector. Out-of-pocket expenses remain the primary health care funding source in many South Asian nations. Lack o