Hi,
Is there any way you can estimate annual data from surveys done every 4 year.
I want to see the impact of time use(on income generating activities, on rest,...) data on GDP. This means that I will be using time series of average number of hours spent on different kind of activities, but available data are collected every 4 years and up to now, only 4 surveys which contain data I need were done, though I want to estimate using yearly data and 4 observations are not enough. I wanted to know if I estimate time use data on years that are between years of surveys(e.g. 1st survey done in 2000, 2nd done in 2005.... and I also need data of 2001,2002,...).
What is the best method to use while estimating using this kind of data?
Here is proposed model specification: Log GDP per capita= α+ β1X1 + β2X2+ β3X3+ β4X4+ β5X5+ Ut (Xs being average number of hours spent on different kind of activities)
Thanks
estimation of data collected in separated periods(e.g.after 4 years)
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Re: estimation of data collected in separated periods(e.g.after 4 years)
Sometimes people interpolate between observed points. But in this case you only have four real observations, so you are pretty much out of luck.
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