PCA (principal components) FOR PANEL DATA
Posted: 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
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