Country and Period Dummy Variables
Posted: Tue Apr 10, 2012 9:03 am
Hi,
I currently have a panel data set consisting of 18 countries and 20 years (1990 to 2009). I am trying to measure the effect of inequality on growth and have performed a simple OLS regression using the equation as follows - gr c income inequality fe me pppi. However, I would now like to add both period and country dummy variables for all countries and all years to control for any differences, but I am unsure of how I go about doing this? Any help would be greatly appreciated.
Thank you!
I currently have a panel data set consisting of 18 countries and 20 years (1990 to 2009). I am trying to measure the effect of inequality on growth and have performed a simple OLS regression using the equation as follows - gr c income inequality fe me pppi. However, I would now like to add both period and country dummy variables for all countries and all years to control for any differences, but I am unsure of how I go about doing this? Any help would be greatly appreciated.
Thank you!