Posted by: admin 3 weeks, 6 days ago
How to prepare panel data in stata
Thanks for stoping by here. If you want to follow step by step in how to prepare panel data in stata. Please follow the command below.
Before we start, couple things that you have to do is
- Prepare the list of group of your sample, it can be country, company, whatever.
- Prepare the list of time, it has to be repetitive, could be month in a year, could be year specifically.
- And then make sure if you create it in godd structure.
- If you need any info or video how to create it. Feel free to write in comment below.
// To re group into numeric the variable parameter
egen (proposed variable) = group(the existing variable as a parameter)
in this example
egen countrynum = group(A)
// To check whether the data is fit with the
countrynum list A
countrynum in 1/10, sepby (A)
// To prepare based on the group of parameter
xtset (variable of group)
// To set the group yearly
xtset countrynum (the yearly variable), yearly xtset countrynum B, yearly
// to regres this panel data
xtreg (dependent variable) (independet variable and the rest)
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