Hi,
When testing for cross-dependence in panel data, do I need to test as a pre-estimation for each "raw" variable or as a post-estimation on the residuals from an OLS, and what is the difference. This is because I want to test for cross-dependence before running unit root tests.
Thanks.
Search found 2 matches
- Thu May 26, 2016 5:03 am
- Forum: Econometric Discussions
- Topic: Cross-dependence in panel data
- Replies: 0
- Views: 2397
- Thu Dec 10, 2015 3:02 pm
- Forum: General Information and Tips and Tricks
- Topic: Pedroni test
- Replies: 1
- Views: 6122
Pedroni test
Hi, I am trying to run Pedroni cointegration test for a panel with 19 cross sections (countries), 41 years and 3 regressors, total 779 observations, all of them in logs. But when I try to run the test I get the error "Insufficient number of observations", I checked the data and there are n...