Panel Data Models

Panel data (aka longitudinal data) consists of a group of cross-sectional units (people, households, companies, cities, countries) that are observed over time (usually years). We will analyze such data using regression techniques.

Topics

• Econometrics data types
• Panel data over two time periods
  • Overview
  • Differencing models
  • Demeaning models
• Fixed effects models
  • Differencing panel data
  • Demeaning panel data
  • Dummy-variable model
• Random effects model
  • Basic Concepts
  • Example and Functions
  • Hausman Test
• Real Statistics analysis tool

References

Greene, W. H. (2002) Econometric analysis. 5th Ed. Prentice-Hall
https://www.scirp.org/(S(351jmbntvnsjt1aadkposzje))/reference/referencespapers.aspx?referenceid=1243286

Gujarati, D. & Porter, D. (2009) Basic econometrics. 5th Ed. McGraw Hill
http://www.uop.edu.pk/ocontents/gujarati_book.pdf

Hill, R. C., Griffiths, W. E., Lim, G. C. (2018) The principles of econometrics. 5^th edition. Wiley.