Statistical Questions (Regressions)

noodler

Apologies if this question is beyond the scope of the forum

I am practicing Stata (left college a year ago and must say was totally underwhelmed by how it was taught) but I have a basic question regarding a sample regression I would like to run in theory.


Lets say I have data economic indicators from three countries at different periods in time.

For example:

---

Ireland

---

France

---

Italy--
GDP --

---

---

--
IT Growth --

---

---

--
Health Spend --

---

---

--

Now, whats the best way to incorporate the years into the above say, excel sheet? Ireland (97), Ireland (98) etc?

Sorry if this is a little vague but I want to regress over a period time as well as between variables

Regards.

Économiste Monétaire

Did you cover panel data in your classes?

noodler

Économiste Monétaire wrote: »

Did you cover panel data in your classes?

balanced panel:
unbalanced panel:

Ah, okay so like above but with Ireland in for person number 1 etc.

Thank you sir, realise it was probably a stupid question. I intend to use more economic indicators than countries by the way, would there be any minimum number of countries reccommended for a decent model?

Thanks again by the way.

noodler

Country Year GDP Health Spend IT Growth
Ireland 1997
Ireland 1998
UK 1997
UK 1998
France 1997
France 1998

Like that?

Économiste Monétaire

That would be fine. What are you trying to model? Do you know how to set panelvars and datevars in Stata?

Not a stupid question at all, by the way. It's why the forum is here.

Économiste Monétaire

http://dss.princeton.edu/training/Panel101.pdf

This is a quick primer on panel in Stata, including some commands you can mess around with.