Reviewers felt that IBM SPSS Statistics meets the needs of their business better than eviews. When assessing the two solutions, reviewers found eviews easier to use, set up, and administer. Examples include estimating the effect of education on income, with data across time and individuals and estimating the effects of income on savings, with data across years and countries. Panel data models provide information on individual behavior, both across individuals and over time.
Enter “Country” in the Cross ID box, and “Var01” in the Date Series box. Change the structure type to Dated Panel. You can then click on Proc->Structure/Resize Current Page. STATA is better relative to Eviews since the software allows you to use the majority of second-generation panel approaches.
However, eviews is easier to use, while STATA gives you diversified modeling options. Which is an example of a panel data set?īoth EVIEWS and STATA are useful in estimating panel data analysis.Which is the best econometric model for panel analysis?.How to organize panel data analysis using EViews?.
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