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Statistical Questions (Regressions)

  • 28-01-2010 4:39pm
    #1
    noodler
    Registered Users, Registered Users 2 Posts: 26,727 ✭✭✭✭


    Apologies if this question is beyond the scope of the forum

    I am practicing Stata (left college a year ago and must say was totally underwhelmed by how it was taught) but I have a basic question regarding a sample regression I would like to run in theory.


    Lets say I have data economic indicators from three countries at different periods in time.

    For example:
    Ireland
    France
    Italy--
    GDP --
    --
    IT Growth --
    --
    Health Spend --
    --

    Now, whats the best way to incorporate the years into the above say, excel sheet? Ireland (97), Ireland (98) etc?

    Sorry if this is a little vague but I want to regress over a period time as well as between variables

    Regards.


Comments

  • #2
    Économiste Monétaire
    Closed Accounts Posts: 2,208 ✭✭✭Économiste Monétaire


    Did you cover panel data in your classes?


  • #3
    noodler
    Registered Users, Registered Users 2 Posts: 26,727 ✭✭✭✭noodler


    Économiste Monétaire wrote: »
    Did you cover panel data in your classes?


    balanced panel:
    unbalanced panel: 28ad2c58e20f127a54e34d2d68dd6792.png

    Ah, okay so like above but with Ireland in for person number 1 etc.

    Thank you sir, realise it was probably a stupid question. I intend to use more economic indicators than countries by the way, would there be any minimum number of countries reccommended for a decent model?

    Thanks again by the way.


  • #4
    noodler
    Registered Users, Registered Users 2 Posts: 26,727 ✭✭✭✭noodler


    Country Year GDP Health Spend IT Growth
    Ireland 1997
    Ireland 1998
    UK 1997
    UK 1998
    France 1997
    France 1998

    Like that?


  • #5
    Économiste Monétaire
    Closed Accounts Posts: 2,208 ✭✭✭Économiste Monétaire


    That would be fine. What are you trying to model? Do you know how to set panelvars and datevars in Stata?

    Not a stupid question at all, by the way. It's why the forum is here.


  • #6
    Économiste Monétaire
    Closed Accounts Posts: 2,208 ✭✭✭Économiste Monétaire


    http://dss.princeton.edu/training/Panel101.pdf

    This is a quick primer on panel in Stata, including some commands you can mess around with.


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