Hi. I have a long panel, that is my T is 16 and N=8. Where the dependent variable is number of under 5 deaths, and the independent variables are Domestic Govt exp, Number of physicians, Sanitation, Basic Drinking water, Fertility rate, carbon dioxide emission, number of hospital beds. (in that order)
I have the following results:
Fixed Effects model.
Array
Random Effects model:
Array
After running for the FE and the RE model, I see that the random effects model provides me with good results, but the hausman test is significant, hence I should choose FE. Please tell me why this is the case
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