The PANEL Procedure

Functional Summary

The statements and options used with the PANEL procedure are summarized in the following table.


Description	Statement	Option

Data Set Options
Includes correlations in the OUTEST= data set	PANEL	CORROUT
Includes covariances in the OUTEST= data set	PANEL	COVOUT
Specifies the input data set	PANEL	DATA=
Specifies variables to keep but not transform	FLATDATA	KEEP=
Specifies the output data set for CLASS STATEMENT	CLASS	OUT =
Specifies the output data set	FLATDATA	OUT =
Specifies the name of an output SAS data set	OUTPUT	OUT=
Writes parameter estimates to an output data set	PANEL	OUTEST=
Writes the transformed series to an output data set	PANEL	OUTTRANS=
Requests that the procedure produce graphics via the Output Delivery System	PANEL	PLOTS=
Declaring the Role of Variables
Specifies BY-group processing	BY
Specifies the classification variables	CLASS
Transfers the data into uncompressed form	FLATDATA
Specifies the cross section and time ID variables	ID
Declares instrumental variables	INSTRUMENTS
Lag Generation
Specifies output data set for lags where missing values are replaced with the cross section mean	CLAG	OUT=
Specifies output data set for lags with missing values included	LAG	OUT=
Specifies output data set for lags where missing values are replaced with the time period mean	SLAG	OUT=
Specifies output data set for lags where missing values are replaced with overall mean	XLAG	OUT=
Specifies output data set for lags where missing values are replaced with zero	ZLAG	OUT=
Printing Control Options
Prints correlations of the estimates	MODEL	CORRB
Prints covariances of the estimates	MODEL	COVB
Suppresses printed output	MODEL	NOPRINT
Requests that the procedure produce graphics via the Output Delivery System	MODEL	PLOTS=
Prints fixed effects	MODEL	PRINTFIXED
Performs tests of linear hypotheses	TEST
Model Estimation Options
Requests the Breusch-Pagan test for one-way random effects	MODEL	BP
Requests the Breusch-Pagan test for two-way random effects	MODEL	BP2
Specifies the between-groups model	MODEL	BTWNG
Specifies the between-time-periods model	MODEL	BTWNT
Requests the clustered HCCME estimator for the variance-covariance matrix	MODEL	CLUSTER
Specifies the Da Silva method	MODEL	DASILVA
Specifies the one-way fixed-effects model	MODEL	FIXONE
Specifies the one-way fixed-effects model with respect to time	MODEL	FIXONETIME
Specifies the two-way fixed-effects model	MODEL	FIXTWO
Specifies the Moore-Penrose generalized inverse	MODEL	GINV = G4
Specifies the dynamic panel estimator model	MODEL	GMM
Requests the HAC estimator for the variance-covariance matrix	MODEL	HAC=
Requests the HCCME estimator for the variance-covariance matrix	MODEL	HCCME=
Specifies the order of the moving average error process for Da Silva method	MODEL	M=
Suppresses the intercept term	MODEL	NOINT
Specifies the Parks method	MODEL	PARKS
Prints the ${\Phi }$ matrix for Parks method	MODEL	PHI
Specifies the pooled model	MODEL	POOLED
Requests poolability tests for one-way fixed effects and pooled model	MODEL	POOLTEST
Specifies the one-way random-effects model	MODEL	RANONE
Specifies the two-way random-effects model	MODEL	RANTWO
Prints autocorrelation coefficients for Parks method	MODEL	RHO
Controls the check for singularity	MODEL	SINGULAR=
Specifies the method for panel unit root/stationarity test	MODEL	UROOTTEST=
Specifies the method for the variance components estimator	MODEL	VCOMP=
Specifies linear equality restrictions on the parameters	RESTRICT
Specifies the TEST statement	TEST	WALD, LM, LR