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any other solution for panel logit model

Posted: Wed Nov 14, 2012 7:51 am
by florriec
Hello,
Since i know that eviews allows us to run logit model only in panel structure workfile, however, in my thesis, my model is logit model and needs to have year-fixed effect and also firm-fixed effect. So what so i do?? if there is no any solution, does it mean i need to use other software? :cry:

Re: any other solution for panel logit model

Posted: Wed Nov 14, 2012 7:58 am
by EViews Gareth
You can create the fixed effect dummy variables manually and add them to your equation.

Re: any other solution for panel logit model

Posted: Wed Nov 14, 2012 8:12 am
by florriec
thank you for your prompt rely. If i have around 1000 firms with 9 years. Should i create a dummy for each firm by 1000 times???
would you mind showing the step to me since i am now learning eviews and not really know how to create :cry: thank you =)

Re: any other solution for panel logit model

Posted: Wed Nov 14, 2012 8:33 am
by florriec
Moreover, as i know that the format for estimating an equation is "y c x x x x x......"
For my case ,it is obivouslly that y this series all the data is 0 or 1 since i am running logit model. After create 2 fixed effect dummy(2 series) manually,one foryear and another for firm, does it mean that i need to add them into the format abovementioned as
x and x???? thankyoU :D

Re: any other solution for panel logit model

Posted: Wed Nov 14, 2012 9:22 am
by EViews Gareth