Dear all,
I'm working with panel data and want to decide which model I should use: pooled OLS, Random effects, or Fixed effects. When I run the Breusch-Pagan Lagrange multiplier (LM), it says pooled OLS is preferred. Yet, according to Hausman Test, the Fixed Effect model is preferred. Should I rely simply on BP test and proceed with pooled OLS in this case?
Thanks in advance.
Related Posts with Breusch-Pagan Lagrange multiplier (LM), Hausman tests
Whether we should control for country-level control variables for studying a single country?In an international setting, when I used the Difference-in-Differences (DiD) approach to examine the…
Table command in stata 16 does not allow statistic optionHello there, I am running a 3-way table using table command. I tried to add statistic and no totals…
Converting a variable like Income in Nominal Terms to Real Terms?Hi, I have cross-sectional data covering 5 different years. Using the last year, 2011 as the base y…
Manually calculating IV standard errors and getting STATA to use them in the regression tableI found the following script from one of the other threads to be helpful in calculating IV standard …
binary choice model after collapseis it possible to use binary choice models to predict pr(y|x) after collapsing the data by group? …
Subscribe to:
Post Comments (Atom)
0 Response to Breusch-Pagan Lagrange multiplier (LM), Hausman tests
Post a Comment