PCA (principal components) FOR PANEL DATA

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aramibiaram
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Joined: Mon Jan 19, 2015 6:56 am

PCA (principal components) FOR PANEL DATA

Postby aramibiaram » Mon Jan 19, 2015 7:07 am

Hi
I have panel data model. Two groups of countries.
(Group I: 18 countries
The second group of 13 countries)
And data for 18 years.
I want to combine good governance index using principal components
How to use this approach to panel data for sections
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