near singular matrix error message
Posted: Fri Jan 04, 2013 11:19 am
Hi,
I am new to Eviews and try to learn how to use it for my research topic. When I run panel regression (fixed effects), I have encountered a problem which is the "near singular matrix" error message.
My equation in Eview is as follows: PNAV C SIZE LEV LIQ CUR
Everything was ok until I added one dummy variable, TYPE, which is equal to 1 if it's a non-REIT company & 0 if it's a REIT.
However, when I run with unstructured/undated data, there is no problem when I add this dummy variable. The error message only appears when I run panel regression. I don't know what the problem is and how to solve it. Is there anyone encountered this problem before? Can you please help me with this?
I also attached my data here. Thanks a lot.
I am new to Eviews and try to learn how to use it for my research topic. When I run panel regression (fixed effects), I have encountered a problem which is the "near singular matrix" error message.
My equation in Eview is as follows: PNAV C SIZE LEV LIQ CUR
Everything was ok until I added one dummy variable, TYPE, which is equal to 1 if it's a non-REIT company & 0 if it's a REIT.
However, when I run with unstructured/undated data, there is no problem when I add this dummy variable. The error message only appears when I run panel regression. I don't know what the problem is and how to solve it. Is there anyone encountered this problem before? Can you please help me with this?
I also attached my data here. Thanks a lot.