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Example
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The PANEL Procedure
Overview
Getting Started
Specifying the Input Data
Specifying the Regression Model
Unbalanced Data
Introductory Example
Syntax
Functional Summary
PROC PANEL Statement
BY Statement
CLASS Statement
FLATDATA Statement
ID Statement
INSTRUMENTS Statement
LAG, ZLAG, XLAG, SLAG, or CLAG Statement
MODEL Statement
OUTPUT Statement
RESTRICT Statement
TEST Statement
Details
Missing Values
Computational Resources
Restricted Estimates
Notation
One-Way Fixed-Effects Model
Two-Way Fixed-Effects Model
Balanced Panels
Unbalanced Panels
Between Estimators
Pooled Estimator
One-Way Random-Effects Model
Two-Way Random-Effects Model
Parks Method (Autoregressive Model)
Da Silva Method (Variance-Component Moving Average Model)
Dynamic Panel Estimator
Linear Hypothesis Testing
Heteroscedasticity-Corrected Covariance Matrices
Heteroscedasticity- and Autocorrelation-Consistent Covariance Matrices
R Square
Specification Tests
Panel Data Poolability Test
Panel Data Unit Root Tests
Troubleshooting
Creating ODS Graphics
OUTPUT OUT= Data Set
OUTEST= Data Set
OUTTRANS= Data Set
Printed Output
ODS Table Names
Example
Analyzing Demand for Liquid Assets
The Airline Cost Data: Fixtwo Model
ODS Graphics Plots
The Airline Cost Data: Further Analysis
The Airline Cost Data: Random-Effects Models
Using the FLATDATA Statement
The Cigarette Sales Data: Dynamic Panel Estimation with GMM
References
Example: PANEL Procedure
20.1 Analyzing Demand for Liquid Assets
20.2 The Airline Cost Data: Fixtwo Model
ODS Graphics Plots
20.3 The Airline Cost Data: Further Analysis
20.4 The Airline Cost Data: Random-Effects Models
20.5 Using the FLATDATA Statement
20.6 The Cigarette Sales Data: Dynamic Panel Estimation with GMM
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