Dear all,
I want to use an ECM model to estimate the short-term elasticity. I have a panel data and I have seen many similar articles which use this model for a panel data. However, when I try to run the model in Stata I end up with this error message:
"sample may not include multiple panels"
Does anyone know how can I solve this problem? The code I am using is: "egranger varlist, ecm"
I thank you all in advance.
Yours sincerely,
Afonso Rodrigues
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