hausman specification test
Posted: Mon Aug 10, 2009 12:42 pm
Hello, please i need help as i'm using a balanced panel data to run a regression of ftse100 with 715 observations and 65 cross sections.
1. i want to run a simple hausman test to determine between fixed and random effects specification which is better for my data and how to confirm it on eview 5.0.
2. I read some guidelines on eviews and i try to run the hausman test using panel options under equation estimation but the results under various scenarios are confusing and the result without any specification appears also good. please how do i interpret the result in the panel or is there any way i can just view it?
Thanks
Dan
1. i want to run a simple hausman test to determine between fixed and random effects specification which is better for my data and how to confirm it on eview 5.0.
2. I read some guidelines on eviews and i try to run the hausman test using panel options under equation estimation but the results under various scenarios are confusing and the result without any specification appears also good. please how do i interpret the result in the panel or is there any way i can just view it?
Thanks
Dan