Applying Panel Data Methods to Other Data Structures | Stata Tutorials 51

Опубликовано: 25 Апрель 2024
на канале: Dr. Bob Wen (Stata, Economics, Econometrics)
103
3

00:00 Other data structures: An example of the family-descendant data structure
02:12 Apply the fixed effects methods to this data structure in Stata

The paper that applies panel data methods to the family-descendant structure of data:
The Causal Effect of Growing Up in a Two-Parent Household on Child’s Adult Earnings, Journal of Business and Economic Studies
https://jbes.scholasticahq.com/articl...

Stata Tutorials Topic 51: Applying Panel Data Methods to Other Data Structures | Regression Analysis and Estimation Methods Using Stata

Hi, I am Bob. Welcome to the Stata course on regression analysis and estimation methods. Today, we will continue our discussion on the panel data models. We often apply the panel data methods, such as the time-demeaning fixed effects method, to data with individual and time dimensions. However, we could apply the panel data methods to certain data structures that do not involve time.

Please download the dataset BOB5.dta for this topic:
https://drive.google.com/file/d/1zA8l...

The Stata commands in this video:

browse

*Set panel data
xtset i j

*Fixed effects
xtreg lwage union age schooling female, fe

estimates store FE

*Pooled OLS
reg lwage union age schooling female if e(sample)

estimates store POLS

*Random effects
xtreg lwage union age schooling female if e(sample), re

estimates store RE

*Correlated Random Effects(CRE)
bysort i: egen mean_union=mean(union)
bysort i: egen mean_age=mean(age)
bysort i: egen mean_schooling=mean(schooling)
bysort i: egen mean_female=mean(female)

xtreg lwage union age schooling female mean_union mean_age mean_schooling mean_female if e(sample), re

estimates store CRE

esttab POLS RE FE CRE, keep(union age female schooling) mtitle b(%7.3f) se(%7.3f) star(* 0.1 * 0.05 ** 0.01) label compress

#Stata #xtreg #PanelData #FixedEffect #RegressionAnalysisandEstimationMethods #tutorial #Family_Descendant_Data_Structure

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