[Date Prev][Date Next][Thread Prev][Thread Next][Date index][Thread index]
st: Issue with xtivreg and unbalanced panel
We estimated a panel data model using the two following procedures:
xtivreg y x1 x2 ( x3 = l.x3 )
by panelvar: generate x3lag=x3[_n-1]
xtivreg y x1 x2 ( x3 = x3lag )
The difference between (1) and (2) is that in (2) we generate a new
series for the lag of x3. We expected (1) and (2) to always produce the
same results, but that's the case only when the panel is balanced.
When the panel is unabalanced, it seems that (1) drops entire groups,
while (2) doesn't. (2) reports much higher numbers for groups and
observations than (1). In addition, we can find a number n such that the
following command (which explictly excludes several groups) gives the
same results as (1):
xtivreg y x1 x2 ( x3 = l.x3 ) if freq>=n
Can anybody explain these results? We experiemented with -xtivreg, re-
and -xtivreg, fd-, with the same results.
Thanks a lot.
* For searches and help try: