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Re: st: Speed with large panel datasets


From   Daniel Feenberg <[email protected]>
To   [email protected]
Subject   Re: st: Speed with large panel datasets
Date   Mon, 21 Mar 2011 08:30:13 -0400 (EDT)


On Mon, 21 Mar 2011, Gordon Hughes wrote:


My query is this: is -arima- unusual in having such a large overhead in processing excluded observations or is the approach of reshaping a large dataset likely to pay off for other estimators when it is necessary to repeat an estimation procedure for a substantial number of panel units?

If an estimator is -byable- that would probably be the most efficient of all. I think -arima- is not -byable-, however, so perhaps your method
is optimal.

Daniel Feenberg
NBER


Gordon Hughes
[email protected]

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