Edlira Nazarani replied:
> My CSTS is composed of 33 firms and 22 years. the dependant variable takes
> 3
> values. does 33 years mean "lots of observations for each cross section"?
Not really, but pooling them together gives you (33*22) = 726
observations, which is more than enough.
CLIVE NICHOLAS |t: 0(044)191 222 5969
Politics |e: [email protected]
Newcastle University |http://www.ncl.ac.uk/geps
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