About this document
Panel Data Regression Models Explained by Abdi Hiir is a document available to read on EtoBox.
Panel data refers to data collected on the same cross-sectional units (e.g. individuals, firms, countries) over multiple time periods. Panel data has both cross-sectional and time dimensions. There are several advantages to using panel data over cross-sectional or time series data alone, including the ability to better account for heterogeneity across units and observe dynamics of change over time. When estimating models with panel data, common approaches include pooled OLS, fixed effects, and random effect
- Author
- Abdi Hiir
- Language
- EN