Pietro Balestra (economist)

Pietro Balestra ( born April 2, 1935 in Lugano, † 23 June 2005 in Geneva ) was a Swiss economist.

Life

Balestra studied economics at Freiburg University and graduated in 1956 with the licentiate. He continued his education in the U.S. at the University of Kansas and at Stanford University, where he in 1965 the Ph.D. acquired.

In 1966 he returned to Switzerland and was appointed Professor of Econometrics at the University of Freiburg. He was also since 1979 Associate Professor at the University of Burgundy. In 1980 he was appointed professor at the University of Geneva, where he became head of the Department of Econometrics. Balestra was a founder of the University of Italian Switzerland and the first Dean of the Faculty of Economics.

His main areas of research were the dynamic error component models, and panel data. Balestra is mainly for the generalized least squares estimator called Balestra - Nerlove estimator known. He was the first treasurer and founder member of the European Economic Association.

Awards

  • Fellow the Econometric Society
  • Fellow of the Journal of Econometrics
  • President of the Swiss Society of Economics and Statistics

Publications

  • With Marc Nerlove: Pooling Cross-Section and Time Series Data in the Estimation of Dynamic Models: The Demand for Natural Gas. In: Econometrica. July 1966
  • The Demand for Natural Gas in the United States. A Dynamic Approach for the Residential and Commercial Market. Amsterdam, 1967
  • On the Efficiency of Ordinary Least Squares Regression Models in. In: Journal of the American Economic Association. September 1970
  • With Mauro Baranzini: Some Optimal Aspects in a Two Class Growth Model with a Differentiated Interest Rate. In: Kyklos. Volume 2, 1971
  • Calcul pour Matriciel Economistes. Albeuve, 1972
  • Best Quadratic Unbiased Estimator of the Variance - Covariance matrix in normal regression. In: Journal of Econometrics. March 1973
  • La derivation matricielle. Paris 1976
  • A Note on the Exact Transformation Associated with the First Order Moving Average Process. In: Journal of Econometrics. December 1980
  • A Note on Amemiya 's Generalized Least Squares Partially. In: Journal of Econometrics. Volume 23, 1983
  • With J. Varadharajan - Krishnakumar: Full Information Estimation of a System of Simultaneous Equations with Error Component Structure. In: Econometric Theory. Volume 3, 1987
  • Dennis Aigner: Optimal Experimental Design for Error Components Models. In: Econometrica. Volume 4, 1988
  • With Marc Nerlove: Formulation and Estimation of Econometric Models for Panel Data. In: The Econometrics of Panel Data. L. Matyas and P. Sevestre Eds., Amsterdam 1992
650133
de