Bun, M. J. G., and Carree, M. A. (2005), "Bias-Corrected Estimation in Dynamic Panel Data Models," Journal of Business & Economic Statistics, 23, 200-210.
Due to misinterpretation the simulation and empirical results for the additive bias corrected estimator (labeled ac) do not do full justice to this method. In this erratum we correct these results. In the original study we used three simulation designs, of which the simulation results have been reported in Tables 2, 3, and 4 respectively. Here we repeat the corrected tables (for the ac estimator only).
The corrected results show that the ac estimator performs well in the first two designs (Tables 2 and 3), contrary ...