Thank you Anas, I would like to invite you to join Hossain Academy Facebook at below link and post your question there if you have any. Thank you once again, Sayed Hossain from Hossain Academy. facebook.com/groups/hossainacademy/
Bonjour Sir.C'est avec un réel plaisir que je regarde vos vidéos. En une semaine seulement, j'ai tellement appris que j'aide aussi d'autres à effectué des modèle. je vous remercie infiniment et vous souhaite bon courage.
Thank you. I would like to invite you to join Hossain Academy Facebook at below link and post your question there for feedback. Thank you, Sayed Hossain from Hossain Academy facebook.com/groups/hossainacademy/
Hello sir, I'd like to ask, am I allowed to apply the Generalized Least Square for Fixed Effect regression model by clicking the cross-section weights in the GLS weights dropdown? (my model is fit for fixed effect, confirmed through the redundant fixed effects - likelihood ratio test). How can I contact you for further information? Thank you very much :)
Soma Shuany Thank you. I would like to invite you to join Hossain Academy Facebook for greater interaction about economics, finance and econometrics with me. Thank you Sayed Hossain from Hossain Academy. Please join below and post your question.facebook.com/groups/hossainacademy/
Thank you. I would like to invite you to join Hossain Academy Facebook at below link and post your question there for feedback. Thank you, Sayed Hossain from Hossain Academy facebook.com/groups/hossainacademy/
thx for very useful video .i'm looking for it for a long time ,but it's not hand on using fixed effect and random effect on EVIEWS program.finally i found it. thank you very much
sirin sirananon Thank you. You are welcome to join Hossain Academy facebook to share with us your experiences and knowledge. Thank you Sayed Hossain. The link is given below to join Hossain Academy facebook
Thank you very much.Your videos are really helpful.Can you also help find a video with explanation of GMM model in eviews and related topics about estimation of dynamic panel data and concept of Arellano Bond
what should i do while I test random effect then it's appeared this "Random effects estimation requires number of cross sections>number of coefs for between estimator"
Hey, Thanks very much for this video. I wonder if this model would still be appropriate if one of the independent variables were missing some values. How do deal with missing values? Regards,
Hello, thank you for an insightful video. I have one question, is a pooled regression model the same as a pooled LS model (PLS)? If so what is the equation that represents this model please.
Thank you. I would like to invite you to join Hossain Academy Facebook Group at below link and join our group discussion. Thank you. Sayed Hossain from Hossain Academy.
Thank you. I would like to invite you to join Hossain Academy Facebook Group at below link and join our group discussion. Thank you. Sayed Hossain from Hossain Academy. facebook.com/groups/hossainacademy/
Thank you for sharing a good lesson! It would be helpful for my thesis. But iam in big trouble on the panel data import, since my data is seperated in different years and more than 60000 for one year, they are stored in independent files,also they are unbalanced. would you please give some advice to me? i would be really appreciate that!
Dear Poon, I would like to invite you to join Hossain Academy Facebook at below link to discuss about economics, econometrics and statisti cal models using EVIEWS, STATA, R, SPSS, Minitab, Microfit, Lingo, and Excel. Thank you, Sayed Hossain from Hossain Academy. facebook.com/groups/hossainacademy/
Thank you very much for the video. I have a question that should we worry about making our variables in the panel data model ''NORMALLY DISTRIBUTED'' or ''STATIONARY'' etc...Thanks....
Regarding your question at the end about the relationship of price and sales. How is sales measured here. if it is taken from Income statement of the company and is in monetary units then, sales = p x q , this implies that if p increase, P x Q will increase which is sales. If this is the case then the whole regression gets invalid. In your example R-squared is very high indicating the above case. However the purpose of this comment was not to find out mistakes, I came here to learn hausman test which i did. great video
Dear Yasir,, Thank you. I would like to invite you to join Hossain Academy Facebook at below link and post your question there. Actually I am in that group and may help you. Thank you once again, Sayed Hossain from Hossain Academy. facebook.com/groups/hossainacademy/
Thank you. I would like to invite you to join Hossain Academy Facebook at below link and post your question there. Actually I am in that group and may help you. Thank you once again, Sayed Hossain from Hossain Academy. facebook.com/groups/hossainacademy/
Thank you for this helpful lesson. I have some questions, if you don't mind. Firstly, I want to ask about Durbin-Watson stat in your estimation results. As seen this results, DW stat clearly implies a positive auto-correlation. What it means in panel regressions? How can we fix that? Is it right to just ignore, or should we fix it? Secondly, my data includes 153 countries and 10 years with five-year intervals (ie 1970-1975-...2010). Since it dates back to 40 years ago, some variables are missing (not so much) for some countries. Is it cause any problem? Can Eviews handle N/As automatically? Finally I want to group countries as developed, developing, etc... How can I do that in Eviews? Thank you again.
1 - The DW is not relevant for this model. DW has a lot of assumptions to be apllied and probably this assumptions are not respected in this models. 2 - If your panel is not ballanced, its ok. Eviews works normally with this kind of data. 3 - To analise groups you can use dummy data. But take care with fixed effects because some times the dummy for unobservable effect could be the same of the dummy for the groups.
Thanks to your videos, iam beginning to get a grip on gretl software. Sir, in pooled panel regression analysis, could we use macroeconomic variables like gdp growth, inflation which will remain the same for all companies ? Or in firm level analysis, only firm level data is taken ? pls advise
Thank you very much for your reply, Actually the problem is that after getting estimation output in panel data, I cannot check for the residuals, the way i used to do with simple regressions. After getting the estimation output, when I click on view => residual tests, it gives me only one option that is Histogram normality test ..............So, is this logical (econometrically) for me to take a log and first difference of all the series I have, before doing the estimation process.... Thanks....
Hello sir, I have done the same way but eviews says that it is insufficient number of observations, I am doing 5 years and 30 crossectional data. what can I do with it? thank you
+Sam kz You meet this problem for random effects for Hausman Test right. It means you have to increase your years observation and decrease the variable for smaller crossectional
really a very good method of explanation. Sir I just need your help to send me steps to follow on eviews to do endogeneity test. i will be thankful to you. best regards. keep doing this service to people like us.
Thank you for this video. The explanation of coefficient of price in the final estimation is wrong. The results are true and the price coefficient must be positive. The relationship is between sales and price and not demand and price. Clearly, suppliers will increase the supply if they are paid higher price for it, other things remaining the same.
He made a mention of sales volume and not Sales, at the beginning, So it is the total quantity to be sold OR the units. So hope explanation seems to be correct.????
@@rakeshhebbar6324 The quantity demand may go down but the volume of sales in terms of value may not decrease. Second, if the demand for goods is inelastic even the quantity demand may not decrease.
i think there is no problem with the model random effet, the sign (+) before the coefficient is right, and it's compatible with the théorie: we call the "veblin effet". this effet explain that when the price go up, le consumption ( or sales) go up also. some goods like the informatic good or diamont or anything which luxury obey this kind of "effet". so here the model has no problem
Thank you , I would like to invite you to join Hossain Academy Facebook at below link and post your question there if you have any. Thank you once again, Sayed Hossain from Hossain Academy. facebook.com/groups/hossainacademy/
thanks for your efforts and i have a question, when I run random effect with five independent variables it gives a messege "Random effects estimation requires number of cross sections>number of coefs for between estimator for estimate of RE innovation variance". would you suggest how to solve this problem. thanks in advance
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Hello sir. First of all I want to thank you for the efforts and it truly helpful. But I just needed to ask you about something. I'm not an economic student but I needed panel data for my graduation thesis. I read some of others' work on the subject and they all begin by testing the model homogeneity : C. Hsiao hypothesis. I wanted to ask you how to do it in eViews ? Or if there is an alternative ? Thank you again.
+Oussama NAILI Thank you. I would like to invite you to join Hossain Academy Facebook for greater interaction about economics, finance and econometrics with me. Thank you Sayed Hossain from Hossain Academy. Please join below and post your question.facebook.com/groups/hossainacademy/
+Sarveshwar Inani Thank you. I would like to invite you to join Hossain Academy Facebook for greater interaction about economics, finance and econometrics with me. Thank you Sayed Hossain from Hossain Academy. Please join below and post your question.facebook.com/groups/hossainacademy/
Hi Mr. hossaini Thank you for your broadcasting. i have a question: i want to compare r squared of model that run into two different sample. how can i do this and i should use which test to show the difference between two r squared is significant or not?
Sayed Hossain thanks for the videos, they are very helpfull. when you say that the probability should be less than 5 % , is there any problem if the prob. is so low that it shows 0.0000? thank for your answer.
Mr Sayed Hossain I have A question about panel data, So I'm working with panel data but I have missing value also I don't need to drop all the values related with my sample, Which best way to replace missing values in EVIEWS.
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Hi, good video! I liked it very much. Could you help me with the following: I want to do a Huber-White heteroskedasticity robust test for FAT-PET FAT being funnel assymetry test and PET being precision effect test Please, could you tell me how to conduct such a test? Is their a video of yours about such a test? Thanks a lot!
sorry sir, I am from Viet Nam, my English is not good, thanks your video I can ask you som question? First, dated -regular frequency have white test and serial correlation LM test but when I use Balanced panel don't have white test and serial correlation LM test? so, what I must do? In balanced panel: I only use pool Regression model not need use fix or random model is suitable? my research paper is determinants of bank profitability (ROA) of some banks (30 banks) in Viet Nam from 2008 to 2012.
Sayed Hossain thanks for the videos, they are very helpfull, are there a video to explain the steps for set up the workfile Panel Data. Fixed and Random Effect in Model One by using Eviews? I need this steps, thank you.
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It's one model that run into two different sample means that dependent variable is the same, could you suggest me a test for showing the difference between these two r squared is significant or not?
siti fatina rusli Please join Hossain Academy Facebook below and post your question. Indeed I am there to share with you. Thank you Sayed Hossain from Hossain Academyfacebook.com/groups/hossainacademy/
Sayed Hossain > Urgent...First of all...your videos are great, thank a lot.......Second I would thank you so much to answer this.... i have being working with panel data, and everything seemed to be ok, variables are all significant, but there is a problem with mi R squared, it is only 0.4325. I don't know what does it mean...and if it is a real problem, i need to solve it as soon as i can ... please
Thank you for your wealth of knowledge shared. Please how do you formulate a model for panel data and ADF panel data? For instance you can have Y = a +bx for OLS, that is, GDP = a + B1X1 + B2X2 + Ui. Please, how would a panel data be formed for a 5country variables of GDP, Agric Expenditure and Manufacturing Production. Thank you
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Hi Sayed Hossain, i found your video very useful. But i would like to know are there any diagnostic test for fixed and random effect in eview? Thanks. :)
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i have a question for you. ir the probability is higher than 5%, is there a posibility to make it lower? like... to eliminate some externalities.. or something? how can i do that?
thank you for answering so quick. i will ask you something else. if i work on eviews on panel data, what kind of test should i do if i want to demonstrat the validity of the model?
Dear Ella, I would like to invite you to join Hossain Academy Facebook at below link to discuss about economics, econometrics and statisti cal models using EVIEWS, STATA, R, SPSS, Minitab, Microfit, Lingo, and Excel. Thank you, Sayed Hossain from Hossain Academy. facebook.com/groups/hossainacademy/
Thanks for your prompt reply. Sir, I checked your videos - my query is whether i could in a single panel analysis include variables like price of computer, volume sales alongwith macro variables like gdp growth, consumption. This involves mixing firm level data with that of macroeconomic data. Can this be done ?
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Dear sir,, Thank you. I would like to invite you to join Hossain Academy Facebook at below link and post your question there. Actually I am in that group and may help you. Thank you once again, Sayed Hossain from Hossain Academy. facebook.com/groups/hossainacademy/
Hello sir, While running the short panel data unit root testing I am facing this error. Error unable to compute any result with selected options. Could u provide me with any solution for the same
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Hello sir..i have one question..after using hausman you are using random effect because your p-value is more than 1%..lets say the p-value is less than 1% so do i just change it to fixed effect?
izza jaafar Thank you. I would like to invite you to join Hossain Academy Facebook for greater interaction about economics, finance and econometrics. Thank you Sayed Hossain from Hossain Academyfacebook.com/groups/hossainacademy/
Sayed Hossain Oh that would be so helpfull. I've noticed that I lot of video's on youtube on cover balanced data with regard to panel data analysis. This while at the same time missing values are quite common when doing analysis. An alternative would be to delete the missing cases however if a sample is already small in size, deleting the missing cases would be futile. I hope you get the time to share you thoughts on this matter.
Thank you. I would like to invite you to join Hossain Academy Facebook at below link and post your question there for feedback. Thank you, Sayed Hossain from Hossain Academy facebook.com/groups/hossainacademy/
Thank you. I would like to invite you to join Hossain Academy Facebook at below link and post your question there for feedback. Thank you, Sayed Hossain from Hossain Academy facebook.com/groups/hossainacademy/
Dear Irvan, Thank you. I would like to invite you to join Hossain Academy Facebook at below link and post your question there. If I know the answer I shall respond. Thank you once again, Sayed Hossain from Hossain Academy. facebook.com/groups/hossainacademy/
Thanks for the Video on Eviews for Panel Data Models. The price coefficient is not correct. You need to clean the data and have sales in Quantity terms to improve the result.
+Sunil Ashra Thank you. I would like to invite you to join Hossain Academy Facebook for greater interaction about economics, finance and econometrics with me. Thank you Sayed Hossain from Hossain Academy. Please join below and post your question .facebook.com/groups/hossainacademy/
Balanced panel have other test to check serial correlation and heteroscedasticity. STATA software can capture those nicely. See my STATA videos in this regard. You will have to run pooled, fixed and random effect model and then decide which one is the most suitable. See my videos using STATA and EVIEWS
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mojtaba shayan nia I did not develop any model using GLS yet so unable to comment right now. Sorry. but please join our facebook group. Someone may help you. Link below.facebook.com/groups/hossainacademy/
Dear Sir, I run the regression for random effect. But it shows "random effect estimation requires number of cross sections>number of coefs for between estimator for estimate RE innovation variance". Is the problem with my equation? There is no problem with Fixed effect and Pool. Thank you
Thanks for your lesson, sir. How about the GLS for structure equation model? I don't understand what book eview guide. So please teach me more, thanks!
Sayed Hossain I mean that my dissertation need run the model with 2 equation may have contemporaneous or lag relationship. So I must use the Three step least square of GLS to regress them. But I don't know how to run.
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This is honestly by far one of the most helpful videos I've seen on youtube about econometrics. Thank you so much for this very helpful lesson
Thank you Anas, I would like to invite you to join Hossain Academy Facebook at below link and post your question there if you have any. Thank you once again, Sayed Hossain from Hossain Academy. facebook.com/groups/hossainacademy/
Bonjour Sir.C'est avec un réel plaisir que je regarde vos vidéos. En une semaine seulement, j'ai tellement appris que j'aide aussi d'autres à effectué des modèle. je vous remercie infiniment et vous souhaite bon courage.
Thank you. I would like to invite you to join Hossain Academy Facebook at below link and post your question there for feedback. Thank you, Sayed Hossain from Hossain Academy
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This video was very helpful to me, especially the application-oriented description.
Thank you very much!
Felix Engels Thanks Felix for appreciation
it was a great lesson. Thank you so much for this video.
You did it. This model is very diffcult, and this video is very helpful. Thank you very much.
Thanks so much Sir for making this video explicit enough. I appreciate it Sir
Hello sir, I'd like to ask, am I allowed to apply the Generalized Least
Square for Fixed Effect regression model by clicking the cross-section
weights in the GLS weights dropdown? (my model is fit for fixed effect,
confirmed through the redundant fixed effects - likelihood ratio test).
How can I contact you for further information? Thank you very much :)
Thank you dear professor you explain it so good! Thank you!
Soma Shuany Thank you. I would like to invite you to join Hossain Academy Facebook for greater interaction about economics, finance and econometrics with me. Thank you Sayed Hossain from Hossain Academy. Please join below and post your question.facebook.com/groups/hossainacademy/
It is really a lovely video. Thank you so much sir~~~~
This is just simply great! Best site ever
God bless u sir, very informative video.
Thank you, youre the best
thank you so much, i really need knowledge in your video.
thank you.
khiem tran Thank you for appreciation.
hi dear sir.your teach is very excellent.you teach very slowly and clearly. and i can understand very good. thanks a lot.
You are welcome
thank you so much, really awesome explanation.
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Sayed Hossain sure sir!
Very good explanation. Great Job ......Thank you very much
You are welcome
Excellent explanation. Thank you very much!
You are welcome
Sayed Hossain Thank You
You're the best 💖
Thank you so much
Now i can do my research on my own, thank u
Dear sir, for my analysis I use yearly independent variable and daily dependent variable. Will I be ale to do an analysis with that?
Thank you so much for this helful video. I'm working on my thesis right now and I really need some help with this kind of stuffs. This really helps!
Honey Clover Welcome. You are welcome to join our Group, Hossain Academy Facebook to discuss further
Hey
Thank sir... I was looking for a more clearly video
thx for very useful video .i'm looking for it for a long time ,but it's not hand on using fixed effect and random effect on EVIEWS program.finally i found it. thank you very much
sirin sirananon Thank you. You are welcome to join Hossain Academy facebook to share with us your experiences and knowledge. Thank you Sayed Hossain. The link is given below to join Hossain Academy facebook
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Thank you very much.Your videos are really helpful.Can you also help find a video with explanation of GMM model in eviews and related topics about estimation of dynamic panel data and concept of Arellano Bond
Great job sir thank you a looooooooooooooooooot :)))))
You are welcome
what should i do while I test random effect then it's appeared this "Random effects estimation requires number of cross
sections>number of coefs for between estimator"
Dear professor, Thanks so much for your wonderful sharing. I am wondering how can we estimate ui and vit in random effect models?
Hey,
Thanks very much for this video. I wonder if this model would still be appropriate if one of the independent variables were missing some values. How do deal with missing values?
Regards,
Hello, thank you for an insightful video. I have one question, is a pooled regression model the same as a pooled LS model (PLS)? If so what is the equation that represents this model please.
Diandra Bashorun Pooled regression model normally we use in case of panel data.
thanks for this vedio. it is helpful, fixed effect and random effect cluster panel data like what stata does for heterodascicity. am I right?
Thank you
دكتور فين الداتا عشان اطبق ورا حضرتك ؟؟؟
sir, i would like ask about unbalanced panel, could you give me tutorial or website that i can solve the unbalanced panel problem ?? thank you....
Tank you sir,God bless you.
You are welcome
thank u what is crossid u mention adverts?
ola buenas ,respondame como activo la opcion para EQUATION ESTIMATION -PANEL OPCIONES ??
If I chose time-period fixed effect instead of cross-sectional fixed effect, what dose it mean? Is it still be a fixed effect model??
Thank you, Sir. The negative relation of price could be true in case of luxury products.
Thank you. I would like to invite you to join Hossain Academy Facebook Group at below link and join our group discussion. Thank you. Sayed Hossain from Hossain Academy.
Thank you. I would like to invite you to join Hossain Academy Facebook Group at below link and join our group discussion. Thank you. Sayed Hossain from Hossain Academy. facebook.com/groups/hossainacademy/
if I want to set several control variables, what should I do?
Thank you for sharing a good lesson! It would be helpful for my thesis. But iam in big trouble on the panel data import, since my data is seperated in different years and more than 60000 for one year, they are stored in independent files,also they are unbalanced. would you please give some advice to me? i would be really appreciate that!
Dear Poon, I would like to invite you to join Hossain Academy Facebook at below link to discuss about economics, econometrics and statisti cal models using EVIEWS, STATA, R, SPSS, Minitab, Microfit, Lingo, and Excel. Thank you, Sayed Hossain from Hossain Academy.
facebook.com/groups/hossainacademy/
Thank you very much for the video. I have a question that should we worry about making our variables in the panel data model ''NORMALLY DISTRIBUTED'' or ''STATIONARY'' etc...Thanks....
I have Eviews 12 but i don't have this option of fixed effects and random effects why?
have you uploaded any vedio for how to create this workfile?If so pls send me the link
thanks teacher
.
Regarding your question at the end about the relationship of price and sales. How is sales measured here. if it is taken from Income statement of the company and is in monetary units then, sales = p x q , this implies that if p increase, P x Q will increase which is sales. If this is the case then the whole regression gets invalid. In your example R-squared is very high indicating the above case. However the purpose of this comment was not to find out mistakes, I came here to learn hausman test which i did. great video
Dear Yasir,, Thank you. I would like to invite you to join Hossain Academy Facebook at below link and post your
question there. Actually I am in that group and may help you. Thank you once
again, Sayed Hossain from Hossain Academy. facebook.com/groups/hossainacademy/
I have never tried with EVIEWS but in STATA, yes you can do it.
If the results show that theٌ Random effects model test is appropriate, do we need to test the GMM method?
Slowly but clearly, thx!
Btw, any videos about GMM estimator?
Not yet
thanks so much.
Thank you. I would like to invite you to join Hossain Academy Facebook at below link and post your
question there. Actually I am in that group and may help you. Thank you once
again, Sayed Hossain from Hossain Academy.
facebook.com/groups/hossainacademy/
Thank you for this helpful lesson. I have some questions, if you don't mind.
Firstly, I want to ask about Durbin-Watson stat in your estimation results. As seen this results, DW stat clearly implies a positive auto-correlation. What it means in panel regressions? How can we fix that? Is it right to just ignore, or should we fix it?
Secondly, my data includes 153 countries and 10 years with five-year intervals (ie 1970-1975-...2010). Since it dates back to 40 years ago, some variables are missing (not so much) for some countries. Is it cause any problem? Can Eviews handle N/As automatically?
Finally I want to group countries as developed, developing, etc... How can I do that in Eviews?
Thank you again.
1 - The DW is not relevant for this model. DW has a lot of assumptions to be apllied and probably this assumptions are not respected in this models.
2 - If your panel is not ballanced, its ok. Eviews works normally with this kind of data.
3 - To analise groups you can use dummy data. But take care with fixed effects because some times the dummy for unobservable effect could be the same of the dummy for the groups.
Thanks to your videos, iam beginning to get a grip on gretl software. Sir, in pooled panel regression analysis, could we use macroeconomic variables like gdp growth, inflation which will remain the same for all companies ? Or in firm level analysis, only firm level data is taken ? pls advise
mynameismuthu macroeconomic data is also available. Visit Hossain Academy website...You can see there
Thank you very much for your reply, Actually the problem is that after getting estimation output in panel data, I cannot check for the residuals, the way i used to do with simple regressions. After getting the estimation output, when I click on view => residual tests, it gives me only one option that is Histogram normality test ..............So, is this logical (econometrically) for me to take a log and first difference of all the series I have, before doing the estimation process.... Thanks....
okay sir, thanks !
Thank you so much. I have one question. Do we have to consider what should be the minimum R-square in Panel data?
You can't consider a minimum R2 for any model. Usually we use R2 just to introduce students in OLS, but R2 is very limited like concept of adjustment.
Hello sir, I have done the same way but eviews says that it is insufficient number of observations, I am doing 5 years and 30 crossectional data. what can I do with it? thank you
+Sam kz You meet this problem for random effects for Hausman Test right. It means you have to increase your years observation and decrease the variable for smaller crossectional
really a very good method of explanation. Sir I just need your help to send me steps to follow on eviews to do endogeneity test. i will be thankful to you. best regards. keep doing this service to people like us.
Thank you for this video. The explanation of coefficient of price in the final estimation is wrong. The results are true and the price coefficient must be positive. The relationship is between sales and price and not demand and price. Clearly, suppliers will increase the supply if they are paid higher price for it, other things remaining the same.
Aditya Jha Thank you
He made a mention of sales volume and not Sales, at the beginning, So it is the total quantity to be sold OR the units. So hope explanation seems to be correct.????
@@rakeshhebbar6324 The quantity demand may go down but the volume of sales in terms of value may not decrease. Second, if the demand for goods is inelastic even the quantity demand may not decrease.
i think there is no problem with the model random effet, the sign (+) before the coefficient is right, and it's compatible with the théorie: we call the "veblin effet". this effet explain that when the price go up, le consumption ( or sales) go up also. some goods like the informatic good or diamont or anything which luxury obey this kind of "effet". so here the model has no problem
Thank you , I would like to invite you to join Hossain Academy Facebook at below link and post your question there if you have any. Thank you once again, Sayed Hossain from Hossain Academy. facebook.com/groups/hossainacademy/
thanks for your efforts and i have a question, when I run random effect with five independent variables it gives a messege "Random effects estimation requires number of cross sections>number of coefs for between estimator for estimate of RE innovation variance". would you suggest how to solve this problem. thanks in advance
Thank you. I would like to invite you to join Hossain Academy Facebook Group at below link and join our group discussion. Thank you. Sayed Hossain from Hossain Academy. facebook.com/groups/hossainacademy/
For panel data, STATA is the best software as it can handle all residual issues.
شرح ممتاز اين البيانات عشان اطبق مع حضرتك
Can I use this program to run an unbalanced panel data?
Hello sir. First of all I want to thank you for the efforts and it truly helpful.
But I just needed to ask you about something. I'm not an economic student but I needed panel data for my graduation thesis. I read some of others' work on the subject and they all begin by testing the model homogeneity : C. Hsiao hypothesis. I wanted to ask you how to do it in eViews ? Or if there is an alternative ?
Thank you again.
+Oussama NAILI Thank you. I would like to invite you to join Hossain Academy Facebook for greater interaction about economics, finance and econometrics with me. Thank you Sayed Hossain from Hossain Academy. Please join below and post your question.facebook.com/groups/hossainacademy/
Thanks Sir...
+Sarveshwar Inani
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You are welcome
Hi Mr. hossaini
Thank you for your broadcasting.
i have a question: i want to compare r squared of model that run into two different sample. how can i do this and i should use which test to show the difference between two r squared is significant or not?
You can compare between two r square value in a situation when dependent variable of two model is same.....
Sayed Hossain thanks for the videos, they are very helpfull. when you say that the probability should be less than 5 % , is there any problem if the prob. is so low that it shows 0.0000? thank for your answer.
It is actually not 0.0000 but may be 0.00000001 which is not shown in EVIEWS output, However it is less than 5 percent so can reject null.
Mr Sayed Hossain
I have A question about panel data, So I'm working with panel data but I have missing value also I don't need to drop all the values related with my sample, Which best way to replace missing values in EVIEWS.
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Hi,
good video! I liked it very much. Could you help me with the following: I want to do a Huber-White heteroskedasticity robust test for FAT-PET
FAT being funnel assymetry test and
PET being precision effect test
Please, could you tell me how to conduct such a test?
Is their a video of yours about such a test?
Thanks a lot!
Huber-White heteroskedasticity Test I have not done yet. Sorry
sorry sir, I am from Viet Nam, my English is not good, thanks your video I can ask you som question?
First, dated -regular frequency have white test and serial correlation LM test but when I use Balanced panel don't have white test and serial correlation LM test? so, what I must do?
In balanced panel: I only use pool Regression model not need use fix or random model is suitable? my research paper is determinants of bank profitability (ROA) of some banks (30 banks) in Viet Nam from 2008 to 2012.
Sayed Hossain
thanks for the videos, they are very helpfull, are there a video to explain the steps for set up the workfile Panel Data. Fixed and Random Effect in Model One by using Eviews? I need this steps, thank you.
You are welcome
hausman to test rem and fem right？ how about to test pols vs fixed asset？
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It's one model that run into two different sample means that dependent variable is the same, could you suggest me a test for showing the difference between these two r squared is significant or not?
If the dependent variable is same for two model, in that case higher the r square, better the model in terms of fitting.....
i use eviews 8 but i can not find the menu fixed and random effect menu.
do you know where is it?
+GIOTA VERRI Follow my video on fixed effect and random effect model in EVIEWS section of Hossain Academy
Hi, one quick question.may i know u are using eviews of what version?
siti fatina rusli I am using EVIEWS8
siti fatina rusli Please join Hossain Academy Facebook below and post your question. Indeed I am there to share with you. Thank you Sayed Hossain from Hossain Academyfacebook.com/groups/hossainacademy/
Sayed Hossain > Urgent...First of all...your videos are great, thank a lot.......Second I would thank you so much to answer this.... i have being working with panel data, and everything seemed to be ok, variables are all significant, but there is a problem with mi R squared, it is only 0.4325. I don't know what does it mean...and if it is a real problem, i need to solve it as soon as i can ... please
It is 43.25 percent...low but not that bad...
sir this panel option is not available in eviews10 please help
Thank you for your wealth of knowledge shared.
Please how do you formulate a model for panel data and ADF panel data? For instance you can have Y = a +bx for OLS, that is, GDP = a + B1X1 + B2X2 + Ui. Please, how would a panel data be formed for a 5country variables of GDP, Agric Expenditure and Manufacturing Production.
Thank you
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Hi Sayed Hossain, i found your video very useful. But i would like to know are there any diagnostic test for fixed and random effect in eview? Thanks. :)
Yes there are few models using EVIEWS and STATA for fixed and random effect model..
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How can i find this data Please?
i have a question for you. ir the probability is higher than 5%, is there a posibility to make it lower? like... to eliminate some externalities.. or something? how can i do that?
Sorry I can not get your question.
thank you for answering so quick. i will ask you something else. if i work on eviews on panel data, what kind of test should i do if i want to demonstrat the validity of the model?
Normally I use CUSUM test to check stability of the model.
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Thanks for your prompt reply. Sir, I checked your videos - my query is whether i could in a single panel analysis include variables like price of computer, volume sales alongwith macro variables like gdp growth, consumption. This involves mixing firm level data with that of macroeconomic data. Can this be done ?
Muthukumar K You can mix it and run it.
hi
please i have a problem, i have panel data and i want to test it using GMM and I am looking for someone who can help .
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dear mr Hossain
I want to extract the value of a random error to be used as a variable in another influential model.
please help my
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Hello sir,
While running the short panel data unit root testing I am facing this error.
Error unable to compute any result with selected options.
Could u provide me with any solution for the same
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I guess it is called as unbalanced panel. In that case, STATA can help you to run unbalanaced panel.
Hello sir..i have one question..after using hausman you are using random effect because your p-value is more than 1%..lets say the p-value is less than 1% so do i just change it to fixed effect?
izza jaafar Thank you. I would like to invite you to join Hossain Academy Facebook for greater interaction about economics, finance and econometrics. Thank you Sayed Hossain from Hossain Academyfacebook.com/groups/hossainacademy/
Do you also have video's for unbalanced data in stata or eviews?
Not yet but I will make video using unbalanced panel
Sayed Hossain Oh that would be so helpfull. I've noticed that I lot of video's on youtube on cover balanced data with regard to panel data analysis. This while at the same time missing values are quite common when doing analysis. An alternative would be to delete the missing cases however if a sample is already small in size, deleting the missing cases would be futile. I hope you get the time to share you thoughts on this matter.
Not yet but will make soon
Please make video on how to run system gmm / partial adjustment model in eviews
Hi sir , can you please share your panel data? actually i am writing a dissertation and i need to check the structure of panel data. Many thanks
Mr hossein please describe about estimate of panel data with seemingly unrelated regression. i need that.
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What's the significance of the crosssid data?
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how about period fixed? why do u not choose period fixed for FEM?
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Thanks for the Video on Eviews for Panel Data Models.
The price coefficient is not correct. You need to clean the data and have sales in Quantity terms to improve the result.
+Sunil Ashra
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where the data that doctor used to apply????
Balanced panel have other test to check serial correlation and heteroscedasticity. STATA software can capture those nicely. See my STATA videos in this regard. You will have to run pooled, fixed and random effect model and then decide which one is the most suitable. See my videos using STATA and EVIEWS
Are you able to share the data you used here?
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would please tell us what is the differences between GLS and OLS and how to run in Eview. many thanks lovely man
mojtaba shayan nia I did not develop any model using GLS yet so unable to comment right now. Sorry. but please join our facebook group. Someone may help you. Link below.facebook.com/groups/hossainacademy/
Dear Sir, I run the regression for random effect. But it shows "random effect estimation requires number of cross sections>number of coefs for between estimator for estimate RE innovation variance". Is the problem with my equation? There is no problem with Fixed effect and Pool. Thank you
Narender Khatodia never face this thing before. So unable to comment.
Yes.It is necessary to have number of cross section > number of coefficients due to degree of freedom problem.
Thanks for your lesson, sir. How about the GLS for structure equation model? I don't understand what book eview guide. So please teach me more, thanks!
Supi256 I have not done yet so unable to comment...
Sayed Hossain I mean that my dissertation need run the model with 2 equation may have contemporaneous or lag relationship. So I must use the Three step least square of GLS to regress them. But I don't know how to run.
Sayed Hossain My panel data include 25 companies in the period 2006-2013.
Supi256 I have structural equation model videos in Hossain Academy but do not have GLS in particular
You can solve the problem by changing play speed as 1.25
I did , that is a good tip
Just play it on 2x speed and it is like normal tempo of speaking.
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