I am currently writing my thesis for which I need some help. I have a panel-data data setup, however, first I need to run a time series regression by country (C_ID) with Newey-West SE (as previously performed tests indicated that Newey-West Standard errors would solve my problems of aut-correlation and heteroskedasticity).
So far, I have been unable to formulate a command that runs the said regressions.
This is the command:
Code:
bysort C_ID : newey chgn10y2d chgnCESI chng10y_L1 AnnQE AnnTa, lag(12) force
Code:
C_ID = 2 not sorted
Code:
* Example generated by -dataex-. To install: ssc install dataex clear input byte C_ID int Date float(chgn10y2d chng10y_L1 chgnCESI AnnQE AnnTa) 16 18392 -1.742 .097 .6 0 0 17 20074 -2.73 3.04 0 0 0 16 19025 -1.848 -.913 .7 0 0 17 17911 .141 -.563 -1.5 0 0 17 18338 -.221 -.047 .5 0 0 16 18830 -.134 -.38 -8.8 0 0 16 18847 -.436 -.276 -3.2 0 0 16 18967 -.698 -.595 13.5 0 0 16 18927 -.517 -.057 7.3 0 0 17 18035 .097 .085 4.4 0 0 16 19033 -1.686 .134 -2 0 0 20 19211 -.28 .02 .7 0 0 17 17986 -1.762 .006 4.6 0 0 16 19085 .326 .087 2.6 0 0 16 19023 -1.847 2.076 -3.7 0 0 16 19166 -.553 -.285 -1.5 0 0 16 19026 -1.338 -.474 .9 0 0 16 19135 .04 .076 -.7 0 0 14 20909 -.285 .09 -2.2 0 0 16 19002 -.467 -.066 3 0 0 16 19016 .29 -.158 .3 0 0 16 18829 -.831 -.874 .6 0 0 16 19079 -.987 -.411 .6 0 0 16 18828 -1.254 .083 -2.1 0 0 16 19059 .026 .076 -6.3 0 0 16 19075 -.379 .049 19.4 0 0 17 20103 -1.03 -.63 -1.4 0 0 17 17924 -.636 -.183 .6 0 0 16 19215 .249 -.119 -.6 0 0 14 20564 .117 -.122 .2 0 0 14 20949 -.074 .304 -.4 0 0 14 20824 -.332 -.062 0 0 0 16 19164 -.194 -.173 -2.8 1 0 16 19324 -.292 .162 .2 0 0 17 17969 -1.13 -.585 5.5 0 0 16 19142 -.644 .324 .4 0 0 12 18330 -.01 .02 .4 0 0 16 19121 .257 .11 4.9 0 0 16 19087 .358 .157 2 0 0 16 19213 -.064 -.345 -.1 0 0 16 19064 -.019 -.024 -1.7 0 0 14 20929 -.019 -.225 -.3 0 0 14 20502 -.084 -.072 .7 0 0 16 19106 .006 -.392 -22 0 0 16 19211 -.854 -.206 .7 0 0 14 20955 -.049 .018 -.5 0 0 19 18423 .015 -.01 10.7 0 0 16 19110 -.152 -.402 9.7 0 0 12 18063 -.07 .07 4.2 0 0 14 20569 .027 -.014 1.3 0 0 10 18847 -.967 -.107 -3.2 0 0 14 20467 .061 .098 .1 0 0 14 20934 -.095 -.073 2.1 0 0 16 19001 -.316 -.168 -1.4 0 0 20 18847 -.982 -.242 -3.2 0 0 16 19222 -.273 -.031 1.7 0 0 14 20577 -.451 .096 -2.3 0 0 16 18807 -.504 -.283 -.2 0 0 14 20242 .002 .01 -.5 0 0 16 18835 -.527 -.005 -1.7 0 0 16 18820 -.54 .281 -1.3 0 0 20 19173 -.56 .05 1.9 0 0 14 21481 -.2 -.189 .1 0 0 16 19115 .081 .057 -18.6 0 0 24 18837 -.06 .01 -.6 0 0 20 18966 -.46 -.08 -2.5 0 0 17 18275 -1.265 1.021 7.4 0 0 16 19243 -.346 -.461 4.1 0 0 20 19200 -.68 -.12 4.8 0 0 14 20543 .163 -.411 .7 0 0 14 20220 .024 -.017 -2.2 0 0 17 18037 -.095 .096 .5 0 0 16 18995 -.133 .038 . 0 0 14 20222 -.035 .017 -.1 0 0 16 18948 -.027 -.001 2.1 0 0 10 21335 -.315 -.05 4.2 0 0 10 19176 -.166 -.378 6.1 0 0 17 17954 -1.042 -.972 -.6 0 0 16 18939 -.317 .034 2.3 0 0 14 20258 0 .006 .5 0 0 16 19095 .069 .064 -1.6 0 0 14 20369 -.006 .01 -.3 0 0 14 20277 .025 -.045 .7 0 0 14 20290 .03 -.008 .7 0 0 16 19192 .05 -.031 1.4 0 0 24 18843 -.11 -.13 .7 0 0 14 20249 .021 .027 -1 0 0 17 17962 .806 -.751 -3.3 0 0 14 21146 .001 .107 -.5 0 0 14 20787 -.507 .358 -.8 0 0 20 18392 -.418 -.044 .6 0 0 16 19036 -.095 -1.361 1.5 0 0 14 20795 -.722 .021 .4 0 0 16 18581 -.19 -.38 1.1 0 0 16 18844 -.691 -.057 -5.7 0 0 14 20557 -.358 .032 1.8 0 0 14 20485 -.021 -.054 -6.1 0 0 16 19080 .119 -.884 2.5 0 0 16 19152 -.72 -.289 -.9 0 0 16 18763 -.21 .123 11 0 0 end format %td Date
Any hint is appreciated.
Thank you very much!
Best
Nick
0 Response to Newey-West standard errors with multiple regressions (by Identifier)
Post a Comment