So I have some panel data, investment in different regions over the course of a 7 years. It's non stationary, and I'm hoping to use it in a Pooled OLS, as my dependant and other independent variables are all stationary.
Here is a Levin Lin Chu result : https://i.imgur.com/eAmB9v6.png
Here is a scatter of the data : https://i.imgur.com/5r4lS87.png
It's currently in real terms, not nominal, but there is still a deterministic upward trend. Is it valid to just log the data and use that variable? Or would it be more statistically sound to detrend it? Does anyone have any book or paper recommendations to guide me, because I'm pretty confused.
Related Posts with Non stationary data transformation question
Small sample inference - dfmethod with meglm for cluster-RCT?Hi everyone, I am analysing data from a cluster-randomized controlled trial that only had 24 cluste…
Help using bootstrap commandHi everyone, I am starting to try and figure out how to bootstrap my ml estimations, and I am havin…
Pairing Observations For a Migration StudyHello I am new to Stata. I have a problem with matching data across waves. The data I have is lookin…
Append within a loopHello, I've used the following loop command to generate two data sets that I will be using to run a…
Applying discrete-time hazard model & mutinomial logistic regressionHello! I am researching on the actual turnover behavior of the employees of non-profit organization…
Subscribe to:
Post Comments (Atom)
0 Response to Non stationary data transformation question
Post a Comment