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FEM with year dummy variables

Posted: Fri Apr 01, 2016 10:25 am
by Blue Royal
Hello,

I'm doing my thesis but I don't really understand about the model . Can you help me to answer these questions:
1. following the result of the original (on the doc file), should I choose period fixed or cross-section fixed?
2. When I estimate the equation, it says Near Singular matrix. What should I do?

Can you show me the process to estimate this one? cause in the original paper, it just mentions of FEM so I don't know what to do :cry:
Here are my data and a doc file with the equation and picture of result of the original.

Thank you so much.

Re: FEM with year dummy variables

Posted: Tue Nov 22, 2016 1:54 am
by Nguyen Thi Ut
Dear Blue Royal,
How could you resolve your problem?