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STATA: Data Analysis Software




               STATA
             Panel Regressions


             www.STATA.org.uk
               Step-by Step Screenshot Guides
                    to help you use STATA

                Not affiliated with Stata Corp.
Datasets Used in Tutorial




   – Datasets in these tutorials are based on examples in:

        Stock and Watson (2006)
            “Introduction to Econometrics”

   – You can obtain all of the datasets used in these tutorials
     by downloading a STATA command file from
     http://www.stata.org.uk/download-examples.html
Outline


   – Statistical Analysis
      • Panel Regressions
          – Open Dataset
          – Declare Time and ID Variables
          – Fixed Effects Regression
          – Random Effects Regression
          – Hausman Test
          – Challenge
STATA - Panel Regressions
STATA - Panel Regressions
STATA - Panel Regressions
STATA - Panel Regressions
Outline


   – Statistical Analysis
      • Panel Regressions
          – Open Dataset
          – Declare Time and ID Variables
          – Fixed Effects Regression
          – Random Effects Regression
          – Hausman Test
          – Challenge
STATA - Panel Regressions
STATA - Panel Regressions
STATA - Panel Regressions
Outline


   – Statistical Analysis
      • Panel Regressions
          – Open Dataset
          – Declare Time and ID Variables
          – Fixed Effects Regression
          – Random Effects Regression
          – Hausman Test
          – Challenge
STATA - Panel Regressions
STATA - Panel Regressions
STATA - Panel Regressions
STATA - Panel Regressions
STATA - Panel Regressions
STATA - Panel Regressions
Outline


   – Statistical Analysis
      • Panel Regressions
          – Open Dataset
          – Declare Time and ID Variables
          – Fixed Effects Regression
          – Random Effects Regression
          – Hausman Test
          – Challenge
STATA - Panel Regressions
STATA - Panel Regressions
STATA - Panel Regressions
STATA - Panel Regressions
STATA - Panel Regressions
STATA - Panel Regressions
Outline


   – Statistical Analysis
      • Panel Regressions
          – Open Dataset
          – Declare Time and ID Variables
          – Fixed Effects Regression
          – Random Effects Regression
          – Hausman Test
          – Challenge
STATA - Panel Regressions
STATA - Panel Regressions
STATA - Panel Regressions
STATA - Panel Regressions
Outline


   – Statistical Analysis
      • Panel Regressions
          – Open Dataset
          – Declare Time and ID Variables
          – Fixed Effects Regression
          – Random Effects Regression
          – Hausman Test
          – Challenge
Panel Regression: Challenge


   Challenge
   – Estimate panel using beertax, mlda and vmiles

   Method
   – Repeat panel regression by editing do-file
   – Add mlda and vmiles as independent variables
   – Estimate fixed effects and store
   – Estimate random effects and store
   – Conduct Hausman test
STATA - Panel Regressions
STATA - Panel Regressions
STATA - Panel Regressions
STATA - Panel Regressions
www.STATA.org.uk




   – If you visit www.STATA.org.uk you can download
     tutorials on these other topics:

       Data Management      Statistical Analysis
       Importing Data       Summary Statistics
       Graphs               Linear Regressions
       Presenting Output    Panel Regressions
       Merge or Drop Data   Time Series Analysis
                            Instrumental Variables
                            Probit Analysis

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STATA - Panel Regressions

  • 1. STATA: Data Analysis Software STATA Panel Regressions www.STATA.org.uk Step-by Step Screenshot Guides to help you use STATA Not affiliated with Stata Corp.
  • 2. Datasets Used in Tutorial – Datasets in these tutorials are based on examples in: Stock and Watson (2006) “Introduction to Econometrics” – You can obtain all of the datasets used in these tutorials by downloading a STATA command file from http://www.stata.org.uk/download-examples.html
  • 3. Outline – Statistical Analysis • Panel Regressions – Open Dataset – Declare Time and ID Variables – Fixed Effects Regression – Random Effects Regression – Hausman Test – Challenge
  • 8. Outline – Statistical Analysis • Panel Regressions – Open Dataset – Declare Time and ID Variables – Fixed Effects Regression – Random Effects Regression – Hausman Test – Challenge
  • 12. Outline – Statistical Analysis • Panel Regressions – Open Dataset – Declare Time and ID Variables – Fixed Effects Regression – Random Effects Regression – Hausman Test – Challenge
  • 19. Outline – Statistical Analysis • Panel Regressions – Open Dataset – Declare Time and ID Variables – Fixed Effects Regression – Random Effects Regression – Hausman Test – Challenge
  • 26. Outline – Statistical Analysis • Panel Regressions – Open Dataset – Declare Time and ID Variables – Fixed Effects Regression – Random Effects Regression – Hausman Test – Challenge
  • 31. Outline – Statistical Analysis • Panel Regressions – Open Dataset – Declare Time and ID Variables – Fixed Effects Regression – Random Effects Regression – Hausman Test – Challenge
  • 32. Panel Regression: Challenge Challenge – Estimate panel using beertax, mlda and vmiles Method – Repeat panel regression by editing do-file – Add mlda and vmiles as independent variables – Estimate fixed effects and store – Estimate random effects and store – Conduct Hausman test
  • 37. www.STATA.org.uk – If you visit www.STATA.org.uk you can download tutorials on these other topics: Data Management Statistical Analysis Importing Data Summary Statistics Graphs Linear Regressions Presenting Output Panel Regressions Merge or Drop Data Time Series Analysis Instrumental Variables Probit Analysis