Hello!
I am sorry if this topic came up before, I tried searching for answers but without luck. I have panel data for N=11 over 2006-2017 and I am trying to estimate whether a greater share of "routine occupations" in the base year (2006) had led to greater computer adoption.
I was thinking of regression using re as that's was Hausman test suggested:
Code:
xtset industry time
xtreg computer_adoption L10.routine, re robust
My question is whether this specification is correct or would that give me an estimation for something different that I look for?