I have a paneldata of 891 observations (81 time series for 11 countries). I am trying to run a PVAR, but before I want to find the optimal lags. Hence, I am trying to run pvarsoc.
However, If I run my code:
Code:
pvarsoc lgPCE lgGDP if countryid, maxlag(10)
My data file shows "Running panel VAR lag order selection on estimation sample". However, the programme keeps stuck at this point. The actual results is never showed. This surprised me because I do not have a very big sample size.
I checked on Statalist for answers, but could not find anything. That's why I'm asking here now.
Thank you a lot in advance for any help!
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