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Nevertheless, future studies should further explore our research questions by using panel data analysis.
Then several hypotheses addressing certain features of bulk port system development are proposed, followed by using panel data analysis to test these hypotheses.
We hope that by using panel data (and dealing with unobserved heterogeneity) we will bring new evidence on the mechanisms of the influence of aid on migration and complement the findings of Berthélemy et al. (2009).
It is capable of handling with heteroscedasticity problems, defining error structures of any types as well as dealing with error terms related to time series by using panel data.
Following the energy rebound effect studies (see Greene [1992]; Jones [1993]; Goldberg [1998]; Greene et al. [1999]; Greening et al. [2000]; Small and Van Dender [2007]), Mizobuchi ([2011]) estimated the direct gasoline rebound effect in Japan by using panel data analysis covering 19,074 people for over three years (2006 2008) and obtained a statistically significant result.
When conducting a policy analysis by using panel data, the DID method assumes that unobserved effects are the same for both the treatment group and the control group.
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An alternative way of using panel data is offered by fixed-effects (FE) modelling (also referred to as the first difference method).
The model is tested using panel data for 1985 98.
Using panel data will easily overcome these three obstacles.
A study by Olwande et al. ([2009])) used panel data to examine determinants of fertilizer adoption and intensity of use.
This study used panel data provided by the Panel Study of Income Dynamics.
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