Panel Data. Fixed and Random Effect. Model Three. STATA

[@abdullahalmamun-kk5bb]

Sir, you are teaching stata with theory. Thank you very much sir. Please keep it for us

[@JamTik734]

the data used in all tutorial that i have seen are so cute .But in reality i seem the data need more complicated econometric model like nonparametric panel model....... many thanks for this tutorial sir

[@benombongi4287]

learnt so much in a very short video

[@MarioGonzalez-fv9rw]

Excellent!!!! best wishes from Mexico.

[@sayedhossain23]

You are welcome

[@kawualhassan1837]

Thanks, am well informed now about Fe and re

[@madhumukherjee8005]

Sir thank you for this very useful video, please upload a video for difference in difference estimates in panel data, using stata, how can we get the iv fixed effect? Please sir help me.

[@aaronnzou4537]

interesting vedeo Prof

[@SHERKHAN4477]

Thank you so much, its very useful and informative. Dear Sayed Hossain is there any videos on the cross sectional dependency test such as Pesaran (2004) used for FE or Random effect?

[@SirajAbdAziz]

Thank you. A very helpful video for my dissertation

[@sayedhossain23]

Please join Hossain Academy facebook below for discussion.@groups/hossainacademy/

[@nicatgasim4534]

I am thankful to you for these videos. In these videos, which are you applied Eviews, workfiles are downloadable. In Stata version, I download your data set, but stata file doesn't work in my PC. How can I handle this problem?

[@vikashraj4727]

Thank you sir❤

[@dailydealsbyskt5943]

Sir, I have run my model as per your video .hausman Fixed. and my chi result is Prob>chi2 = 0.2990; it is more than 5% so is it mean that Null Hypothesis (Random Model is appropriate) is correct? and I should go for Random Effect? Sir or any one please

[@mohamedahmedateia]

Dear Dr. Sayed Hossain Very good video, precise and direct to the point. Thanks your video helped me on my data analysis phase using STATA for the first time. Regards, Mohamed A. Ateia, University of Technology - Malaysia

[@sayedhossain23]

hello..You are welcome to STATA.

[@hikmahola232]

thank you very much.. very good and helpfull

[@Dr_Shiny]

Thank you sir. Secondly, you ran "Pesaran CD test" as a postestimation test. But from the Stata help section, I quote " xtcsd test the hypothesis of cross-sectional independence in panel-data models with small T and large N by implementing two semiparametric tests proposed by Friedman (1937) and Frees (1995, 2004), as well as the parametric testing procedure proposed by Pesaran (2004). " So, as your T>N. so I think Pesaran CD test or "xtcsd" is not appropriate for serial correlation.

[@sayedhossain23]

Thank you. I would like to invite you to join Hossain Academy Facebook Group at below link and join our group discussion. Thank you. Sayed Hossain from Hossain Academy. facebook.com/groups/hossainacademy/

[@ilkinasgarov1629]

Thanks for your video. I have a panel data covering 2004-2012, 567 firms. (5103 observations) Hausman Test suggest to go for FE, while Pagan says RE, and when I estimate BE most of coefficients are significant at 1 % level and signs which hypothesized are true. But I have serial correlation and heteroskedasdicity. I have suspicious about outliers in my data, although I winsorized varlist at p(0.01). Question: Should I go for HAC, although it refining the standard errors not heteroskedasticity totally... What u can suggest?

[@sayedhossain23]

Thanks. I have not solved HAC yet so unable to comment.

[@md.shakhaowathossin9990]

xtcsd, pesaran abs command xtcsd is unrecognized r(199); This report has been provided by Stata when I am going to test Pesaran. Why? What can I do now? Again, xttest3 command xttest3 is unrecognized r(199); This report has been provided by Stata when I am going to test Heteroskedasticity. Why? What can I do now?

[@dailydealsbyskt5943]

as per: Leonardo Tamba check if the command already installed on your stata, go to help, stata command, write xtcsd, if it hadn't installed yet, stata will check it, stata also provide the package and the link where you can install it, just click one, then install

[@SHINSEUNGH0]

I believe that the null of Pesaran CD test would be there is no cross-sectional dependence and Alts of it would be there is cross-sectional dependence. Please correct me if I am wrong. I really appreciate your all hard works.

[@sayedhossain23]

Thank you. I would like to invite you to join Hossain Academy Facebook Group at below link and join our group discussion. Thank you. Sayed Hossain from Hossain Academy. facebook.com/groups/hossainacademy/

[@aysunaslihany]

great tutorial, one question: do i need to create dummy- coded year variables when doing fixed effects? Because i am basing my study on an article and this article say that they use dummy coded variables for year. Which is confusing. Why dont you use i.year for the different years?

[@sayedhossain23]

There are few ways you can follow to develop fixed effect model. One is by creating dummy variables. Whatever method you follow, the result will be same.

[@aysunaslihany]

thank you for your quick rresponse. However i would like to do a fixed effect with dummy-coded year variables; is it correct to do xtreg dep indep i.year, fe? and what is then the difference between doing just xi:regress dep indep i.year ? because that is also a way of fixed effect however I also make a dummy variable only for year? I do not get how those two specification are equal.. I would really appreciate your answer

[@张月-k3i]

Dear Sayed, thank you for your vedio, however, the command xtcsd, pesaran abs isnot recognized by STATA, any suggestion? thank you

[@sayedhossain23]

张月 I did it. You need to download it and then give this command. It will work

[@SHINSEUNGH0]

ssc install xtcsd

[@dilshodabdurakhmonov2141]

Thank you

[@danielanizor9446]

@Hossain, you are doing a great job! Most importantly, when would you be doing a video presentation on Dynamic Panel Data OLS estimation or what some econometricians referred to as PDOLS? Once again, thumbs up!

[@sayedhossain23]

I have not done anything about PDOLS. Sorry

[@minshoomunch7556]

thanx ..it helped a lot...can you plz guide about hetrogniety test in panel data in stata

[@kharismabhuana6619]

so you cannot accept fix model. then what!?

[@cs4438]

Dear Sr. Hossain Is it possible that with same data the results in eviews are different from results obtained using stata?

[@sayedhossain23]

Should not be sir. They should be same. thank you Sayed Hossain from Hossain Academy at www.sayedhossain.com

[@cs4438]

Sayed Hossain Thanks for the reply Sr. Hossain

[@AMF2EG]

Dear Syed, Great job, many thanks. But please advice how can we proceed with correcting the model in STATA for panel serial correlation and heteroskedasticity problems, after following your video I am now confident of the existence of both problems but how to proceed from here, do you another instructional video for this ?

[@sayedhossain23]

I am still developing Panel Data Model. In future I shall address those issue you are seeking.

[@AMF2EG]

Sayed Hossain Dear Syed, could you please advice if the Prais-Winsetn panel regression "xtpcse" in STATA overcome the serial correlation and heteroskedastcity problems in panel data, and if it could be applied on variables which has unit root problem ? could you kindly upload video on how to do that ? It could be solving many problems already we are suffering in the research. Once again, thanks on the great enlightening job you are doing.

[@sayedhossain23]

Prais Winsetn I have not done yet.

[@muhammadfarooq8967]

l wand to download gini data from all-over the world.. I want help

[@hikmahola232]

i want to join your academy... can u upload gravity model please

[@pitisrisangnam2612]

What is difference bt R squares test and p test?

[@sayedhossain23]

In this regard, you have to read basic econometrics book where they have explained.

[@indiratulepova7260]

thank you so much. it is so useful.)))) can you upload for panel data GMM, please?

[@sayedhossain23]

Dear Indira, I would like to invite you to join Hossain Academy Facebook at below link to discuss about economics, econometrics and statistical models using EVIEWS, STATA, R, SPSS, Minitab, Microfit, Lingo, and Excel. Thank you, Sayed Hossain from Hossain Academy. facebook.com/groups/hossainacademy/

[@hikmahola232]

why i can not run xtcsd, pesaran abs. any sollution please

[@rmdrayfelix7157]

I have also the same problem, do you know how to overcome it.

[@leonardotamba2315]

check if the command already installed on your stata, go to help, stata command, write xtcsd, if it hadn't installed yet, stata will check it, stata also provide the package and the link where you can install it, just click one, then install

[@dailydealsbyskt5943]

@@leonardotamba2315 Thanks a lot ... It works :D

[@hikmahola232]

how to join your academy sir

[@sayedhossain23]

I have uploaded Data in EXCEL format under Panel Data using STATA. Visit my website where u can see those files.

[@Scael1]

Great video, would be even greater if you had Time Stamps! :D

[@miraclevertus7393]

dear prof. do you have a panel data model 2SLS?

[@sayedhossain23]

***** Not yet but please join Hossain Academy Facebook below where you can post all your questions. Link is below.

[@sayedhossain23]

facebook.com/groups/hossainacademy

[@tannguyen-vo4dx]

dear Sir, Do you have a panel data model GMM?

[@sayedhossain23]

tấn nguyễn I have not yet done panel GMM yet but have plan

[@clivemairura6191]

good video

[@sayedhossain23]

Thank you. I would like to invite you to join Hossain Academy Facebook Group at below link and join our group discussion. Thank you. Sayed Hossain from Hossain Academy.

[@minshoomunch7556]

i mean hetroscadasticity test in stata for panel

[@clivemairura6191]

how can i add xttest3 command in stata 11

[@sayedhossain23]

Thank you. I would like to invite you to join Hossain Academy Facebook Group at below link and join our group discussion. Thank you. Sayed Hossain from Hossain Academy.

[@SHINSEUNGH0]

ssc install xttest3

[@imba700]

Can you please upload a tutorial for panel data GMM?

[@sayedhossain23]

imba700 Not yet done

[@mabongajoshua4220]

any pannel data gmm as yet?