Hi All, I recently heard that -vce(cluster)- option in -xtreg- robust to cross-sectional dependence. I see thread here: https://www.statalist.org/forums/for...d-effect-panel
and a relevant question here: https://www.stata.com/support/faqs/s...cs/references/
I researched Stata manual a lot, but can't find solid reason why -vce(cluster)- option produce SE robust to cross-sectional dependence. Can anyone drop me a reference to support this? and if this is true, what makes it different from using -xtscc-? (https://www.stata-journal.com/sjpdf....iclenum=st0128)
Thank you!
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