Multinomial fractional response model in panel data
Hello all!
I am mainly working in the context of rural non-farm sector diversification. Thus, i want to model the diversification strategies of the farmers. My dependent variable is share of income from a particular category in total income of the household. Thus, i want to estimate the diversification decisions of the household using a multinomial fractional response model. However, I have a panel data . So how can the fmlogit command be extended in this case to account for panel data? I am really stuck because of the STATA Command. Any reply would be appreciated.
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