How to prepare panel data in Stata

(Comments)

How to prepare panel data in STATA

Thanks for stopping by here. If you want to follow instructions on preparing panel data in STATA. Please follow the command below.

Before we start, a couple of things that you have to do are 

  1. Prepare the list of your sample groups, it can be a country, company, or whatever. 
  2. Prepare the list of times, it has to be repetitive, it could be a month in a year, could be a year specifically. 
  3. And then make sure if you create it in a good structure. 
  4. If you need any info or video on how to create it. Feel free to write in the 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) 
xtset countrynum 

// To set the group yearly

xtset countrynum (the yearly variable), yearly xtset countrynum B, yearly 

// to regress this panel data

xtreg (dependent variable) (independet variable and the rest)

Also read: What is Panel data?

Panel data stata

How to prepare panel data in stata

If you need the data to practice the same as in the video. Feel free to use it here Memo on Google Android 9.0

The research related to this Stata data also has been published in a Journal here Memo on Google Android 9.0. Don't forget to cite our name there.

The PDF of the guidance can be downloaded here Memo on Google Android 9.0

If you are interested in running in the command line, here is the command format in Trinket

Hope this article helps. 

Feel got help, support the blog by buying me a coffee 

Hi, my name is Dimas; I am a data enthusiast. I am writing several chapters related to Big Data, the macroprudential policy effect on the economy, and some economic and IT research. If you are interested in collaborating, please write your email to [email protected]

Thanks for stopping by. All the information here is curated from the most inspirational article on the site.

Also, check out my newest project related to Preset for researcher

Currently unrated

Comments

Riddles

22nd Jul- 2020, by: Editor in Chief
524 Shares 4 Comments
Generic placeholder image
20 Oct- 2019, by: Editor in Chief
524 Shares 4 Comments
Generic placeholder image
20Aug- 2019, by: Editor in Chief
524 Shares 4 Comments
10Aug- 2019, by: Editor in Chief
424 Shares 4 Comments
Generic placeholder image
10Aug- 2015, by: Editor in Chief
424 Shares 4 Comments

More News  »

Fixing the issue in assumption of OLS step by step or one by one

Recent news

Hi, I want to raise the issue related to know whether your OLS is ok or not. 

read more
2 weeks, 4 days ago

Meaning of 45 degree in economics chart

Recent news

The **45-degree line** in economics and geometry refers to a line where the values on the x-axis and y-axis are equal at every point. It typically has a slope of 1, meaning that for every unit increase along the horizontal axis (x), there is an equal unit increase along the vertical axis (y). Here are a couple of contexts where the 45-degree line is significant:

read more
1 month, 3 weeks ago

hyperinflation in hungary

Recent news

The **hyperinflation in Hungary** in the aftermath of World War II (1945–1946) is considered the worst case of hyperinflation in recorded history. The reasons behind this extreme economic event are numerous, involving a combination of war-related devastation, political instability, massive fiscal imbalances, and mismanagement of monetary policy. Here's an in-depth look at the primary causes:

read more
1 month, 4 weeks ago

what is neutrailty of money

Recent news

**Neutrality of money** is a concept in economics that suggests changes in the **money supply** only affect **nominal variables** (like prices, wages, and exchange rates) and have **no effect on real variables** (like real GDP, employment, or real consumption) in the **long run**.

read more
1 month, 4 weeks ago

Japan deflationary phenomenon

Recent news

Deflation in Japan, which has persisted over several decades since the early 1990s, is a complex economic phenomenon. It has been influenced by a combination of structural, demographic, monetary, and fiscal factors. Here are the key reasons why deflation occurred and persisted in Japan:

read more
1 month, 4 weeks ago

What the tips against inflation

Recent news

Hedging against inflation involves taking financial or investment actions designed to protect the purchasing power of money in the face of rising prices. Inflation erodes the value of currency over time, so investors seek assets or strategies that tend to increase in value or generate returns that outpace inflation. Below are several ways to hedge against inflation:

read more
1 month, 4 weeks ago

Long and short run philip curve

Recent news

The **Phillips Curve** illustrates the relationship between inflation and unemployment, and how this relationship differs in the **short run** and the **long run**. Over time, economists have modified the original Phillips Curve framework to reflect more nuanced understandings of inflation and unemployment dynamics.

read more
1 month, 4 weeks ago

How the government deal with inflation (monetary and fiscal) policies

Recent news

Dealing with inflation requires a combination of **fiscal and monetary policy** tools. Policymakers adjust these tools depending on the nature of inflation—whether it's **demand-pull** (inflation caused by excessive demand in the economy) or **cost-push** (inflation caused by rising production costs). Below are key approaches to controlling inflation through fiscal and monetary policy.

read more
1 month, 4 weeks ago

More News »

Generic placeholder image

Collaboratively administrate empowered markets via plug-and-play networks. Dynamically procrastinate B2C users after installed base benefits. Dramatically visualize customer directed convergence without