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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