Please, let me know if there is any instructions, recommendations concerning this.
Thank you beforehand
Code:
. xtreg lnef lngdp lnurb lnen lnre lntr lngi, fe
Fixed-effects (within) regression Number of obs = 308
Group variable: id Number of groups = 7
R-sq: Obs per group:
within = 0.6955 min = 44
between = 0.5084 avg = 44.0
overall = 0.5328 max = 44
F(6,295) = 112.31
corr(u_i, Xb) = -0.5152 Prob > F = 0.0000
------------------------------------------------------------------------------
lnef | Coef. Std. Err. t P>|t| [95% Conf. Interval]
-------------+----------------------------------------------------------------
lngdp | .2950002 .0505237 5.84 0.000 .1955675 .3944328
lnurb | 1.214826 .0757327 16.04 0.000 1.065782 1.363871
lnenu | -.8183402 .0711855 -11.50 0.000 -.9584359 -.6782445
lnre | -.1743426 .0274472 -6.35 0.000 -.2283598 -.1203254
lntr | .1272972 .0424765 3.00 0.003 .0437018 .2108926
lngi | -.4552396 .1403114 -3.24 0.001 -.7313778 -.1791013
_cons | 1.020202 .3243207 3.15 0.002 .3819268 1.658478
-------------+----------------------------------------------------------------
sigma_u | .37605673
sigma_e | .13812131
rho | .88113425 (fraction of variance due to u_i)
------------------------------------------------------------------------------
F test that all u_i=0: F(6, 295) = 135.23 Prob > F = 0.0000
. xtcsd, pesaran
Pesaran's test of cross sectional independence = 0.598, Pr = 0.5498
. xtcsd, frees
Frees' test of cross sectional independence = 1.090, Pr = 0.0000
Warning: A normal distribution had been used to approximate Frees' Q distribution
. xtcsd, friedman
Friedman's test of cross sectional independence = 39.795, Pr = 0.0000
0 Response to Conflicting results of cross sectional dependence testing in panel data (PesaranCD, Frees, Friedman tests)
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