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I am running a panel data regression on the effects of energy use per $1000 unit gdp, electricity consumption per capita and carbon emissions on the human development index and gdp per capita rates for 18 countries. My results show a random effects model is preferred to a fixed effects model, as per...

As a follow up; given the above test results, will a constant coeffiencent (pool) model suffice? That is, instead of selecting random or fixed in the drop-down option.

Thank you!

Hello, I have tried the Haussmann test on my eviews data file but have recieved the error in the test results stating "Cross section test variance invalid. Haussmann statistic is set to zero." The attached file includes the data and test result in question. Any comments or advice will be m...