From panel to pooled
Posted: Mon Aug 11, 2014 9:36 am
Dear all,
I have got a panel data set, containing 55 developing countries and 15 variables. However, I need to perform a pooled regression. Thus, I suppose I need to transform the data in some manner?
I created the data set in Excel, and then opened it in E-views as a Dated Panel - should I do that or is there some other way? Then I clicked: view>new..>pool and wrote the name of all cross sections in a list starting each name by _.
But, the remaining issue is that the series are still "panel-series", e.g. I only have one series for inflation, not inflation_germany etc.
What should I do? I am quite new to this, and to be honest, I really do not understand what step I should take next.
In summery: I have panel data, but I want to do a pooled regression. What should I do?
If anyone can help me with this, I am truly grateful!!
I have got a panel data set, containing 55 developing countries and 15 variables. However, I need to perform a pooled regression. Thus, I suppose I need to transform the data in some manner?
I created the data set in Excel, and then opened it in E-views as a Dated Panel - should I do that or is there some other way? Then I clicked: view>new..>pool and wrote the name of all cross sections in a list starting each name by _.
But, the remaining issue is that the series are still "panel-series", e.g. I only have one series for inflation, not inflation_germany etc.
What should I do? I am quite new to this, and to be honest, I really do not understand what step I should take next.
In summery: I have panel data, but I want to do a pooled regression. What should I do?
If anyone can help me with this, I am truly grateful!!