Page 1 of 1

p-value for fixed cross-section panel data

Posted: Thu Jul 23, 2015 5:33 pm
by Apple Tan
I ran 2 specifications as in attached file.
Eqn1 is a a fixed cross-section panel data.

1) The value of theta1 is the same for both models. But why does the p-value DIFFER for theta1 in the 2 model?

2) Which results is more reliable?

Thank you