Dummy variable in panel
Posted: Mon Nov 18, 2013 12:28 am
I have a fixed-effect model
log(cash) = f(cf, nwk, log(size), rdev, political, svtraded)
Where
Political is a dummy that equal 1 if company is indentifed as politically connected and zero otherwise.
Svtraded is the ratio of the stock value traded to GDP that varies over time but constant for all company.
When I run this model, Eviews announced "Near singular matrix"
Can you help me?
I attached my data here.
log(cash) = f(cf, nwk, log(size), rdev, political, svtraded)
Where
Political is a dummy that equal 1 if company is indentifed as politically connected and zero otherwise.
Svtraded is the ratio of the stock value traded to GDP that varies over time but constant for all company.
When I run this model, Eviews announced "Near singular matrix"
Can you help me?
I attached my data here.