I am running a regression for my dissertation and was planning on including year dummies. The output I get is as follows:
Code:
reg newenrol CPI newmarriage depend newedspend newmortality newfemteach urban lnGDP i.year Source | SS df MS Number of obs = 1,017 -------------+---------------------------------- F(25, 991) = 284.34 Model | 575642.157 25 23025.6863 Prob > F = 0.0000 Residual | 80251.9092 991 80.9807358 R-squared = 0.8776 -------------+---------------------------------- Adj R-squared = 0.8746 Total | 655894.067 1,016 645.565026 Root MSE = 8.9989 ------------------------------------------------------------------------------ newenrol | Coef. Std. Err. t P>|t| [95% Conf. Interval] -------------+---------------------------------------------------------------- CPI | .0111325 .0296963 0.37 0.708 -.0471423 .0694074 newmarriage | .0644005 .0702137 0.92 0.359 -.073384 .202185 depend | -.2866934 .0331114 -8.66 0.000 -.35167 -.2217168 newedspend | 1.322696 .2283656 5.79 0.000 .8745602 1.770832 newmortality | -.567749 .0362517 -15.66 0.000 -.6388879 -.49661 newfemteach | .2620551 .0224073 11.70 0.000 .2180839 .3060264 urban | .0612197 .0238815 2.56 0.011 .0143556 .1080839 lnGDP | 1.565205 .6738355 2.32 0.020 .2428971 2.887514 | year | 2001 | .2016182 1.725029 0.12 0.907 -3.183511 3.586748 2002 | -.2950407 1.717641 -0.17 0.864 -3.665671 3.07559 2003 | .1552302 1.709801 0.09 0.928 -3.200016 3.510476 2004 | .0421186 1.710136 0.02 0.980 -3.313785 3.398022 2005 | .010656 1.70356 0.01 0.995 -3.332343 3.353655 2006 | -.1910212 1.703714 -0.11 0.911 -3.534322 3.15228 2007 | -.3678111 1.704711 -0.22 0.829 -3.713068 2.977446 2008 | -.7939854 1.705902 -0.47 0.642 -4.141581 2.55361 2009 | -1.582709 1.711864 -0.92 0.355 -4.942003 1.776585 2010 | -1.762984 1.711649 -1.03 0.303 -5.121857 1.595889 2011 | -2.007432 1.713243 -1.17 0.242 -5.369433 1.354569 2012 | -1.745967 1.712873 -1.02 0.308 -5.107242 1.615308 2013 | -.9419901 1.715142 -0.55 0.583 -4.307717 2.423737 2014 | -.540971 1.716269 -0.32 0.753 -3.90891 2.826968 2015 | -.1426261 1.717701 -0.08 0.934 -3.513374 3.228122 2016 | .3639826 1.718525 0.21 0.832 -3.008383 3.736349 2017 | .2700282 1.719346 0.16 0.875 -3.103948 3.644005 | _cons | 60.52972 5.88975 10.28 0.000 48.97191 72.08754
Code:
reg newenrol CPI newmarriage depend newedspend newmortality newfemteach urban lnGDP Source | SS df MS Number of obs = 1,017 -------------+---------------------------------- F(8, 1008) = 896.51 Model | 575070.577 8 71883.8221 Prob > F = 0.0000 Residual | 80823.4898 1,008 80.1820335 R-squared = 0.8768 -------------+---------------------------------- Adj R-squared = 0.8758 Total | 655894.067 1,016 645.565026 Root MSE = 8.9544 ------------------------------------------------------------------------------ newenrol | Coef. Std. Err. t P>|t| [95% Conf. Interval] -------------+---------------------------------------------------------------- CPI | .0136373 .0294484 0.46 0.643 -.0441498 .0714244 newmarriage | .0686673 .0697638 0.98 0.325 -.0682315 .2055662 depend | -.2826268 .0328785 -8.60 0.000 -.3471448 -.2181087 newedspend | 1.273113 .2259444 5.63 0.000 .8297378 1.716488 newmortality | -.5659455 .0353495 -16.01 0.000 -.6353126 -.4965785 newfemteach | .2636893 .0222034 11.88 0.000 .2201191 .3072595 urban | .0624549 .0237473 2.63 0.009 .015855 .1090548 lnGDP | 1.567741 .6653732 2.36 0.019 .2620653 2.873416 _cons | 59.56112 5.612467 10.61 0.000 48.54767 70.57458
Should I leave the year dummies in, or just say I tried doing the regression with them and none were significant so I removed them? I'm not sure if there is a standard practise for this kind of thing?
Thanks very much
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