xtpmg

d.lreerq d.lgdppcq d.nfagdpq d.ltotq d.lopenq d.lgovgdpq d.flo , lr(lreerq

lgdppcq nfagdpq ltotq lopenq lgovgdp flo) ec(ECT) replace pmg
Iteration 39: log likelihood = 6815.8844
Pooled Mean Group Regression
(Estimate results saved as pmg)
Panel Variable (i): id Number of obs = 2431

Time Variable (t): date Number of groups =

Obs per group: min =
20
43
avg = 121.5

max = 135

Log Likelihood = 6860.188

D.lreerq Coef. Std. Err. z P>|z| [95% Conf. Interval]

ECT
lgdppcq .3069663 .4149625 0.74 0.459 -.5063453 1.120278
nfagdpq 10.03223 3.538899 2.83 0.005 3.09612 16.96835
ltotq .8405863 .3699861 2.27 0.023 .1154269 1.565746
lopenq -5.143038 1.653332 -3.11 0.002 -8.383509 -1.902567
lgovgdpq -.9555971 .5609785 -1.70 0.088 -2.055095 .1439005
flo 7.796141 3.776278 2.06 0.039 .3947733 15.19751

SR
ECT .0023357 .0020329 1.15 0.251 -.0016488 .0063202

lgdppcq
D1. -1.010034 .869875 -1.16 0.246 -2.714957 .69489

nfagdpq
D1. -.2631299 .4082956 -0.64 0.519 -1.063375 .5371148

ltotq
D1. -.0014419 .153967 -0.01 0.993 -.3032116 .3003278

lopenq
D1. -.345592 .0954724 -3.62 0.000 -.5327145 -.1584695

lgovgdpq
D1. .2103582 .0919072 2.29 0.022 .0302234 .3904929

flo
D1. .0019932 .0015775 1.26 0.206 -.0010986 .005085

_cons -.006271 .0076808 -0.82 0.414 -.0213251 .0087831


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Graphs by id
xtpmg d.lreerq d.dlgdppc d.nfagdpq d.ltotq d.lopenq d.lgovgdpq d.flo , lr(lreerq
dlgdppc nfagdpq ltotq lopenq lgovgdp flo) ec(ECT) replace pmg
results have no sences.
Pooled Mean Group Regression
(Estimate results saved as pmg)
Panel Variable (i): id Number of obs = 2416
Time Variable (t): date Number of groups = 20

Obs per group: min =

avg =
43
120.8
max = 134

Log Likelihood = 6779.478

D.lreerq Coef. Std. Err. z P>|z| [95% Conf. Interval]

ECT
dlgdppc 3.039512 1.94553 1.56 0.118 -.773657 6.852682

nfagdpq
ltotq
-5.052059
1.196812
.7927541
.1546105
-6.37
7.74
0.000
0.000
-6.605829
.8937808
-3.49829
1.499843
lopenq -1.420658 .1752063 -8.11 0.000 -1.764056 -1.07726

lgovgdpq
flo
.2303135
1.134322
.1375463
.4582983
1.67
2.48
0.094
0.013
-.0392724
.2360741
.4998994
2.03257

SR
ECT .0122487 .0071121 1.72 0.085 -.0016907 .0261881

dlgdppc
D1. -.8251774 .6547065 -1.26 0.208 -2.108379 .4580238

nfagdpq
D1. -.2958809 .3670153 -0.81 0.420 -1.015218 .4234558

ltotq

D1. -.0137169 .1566008 -0.09 0.930 -.3206489 .293215

lopenq

D1. -.3668779 .0871509 -4.21 0.000 -.5376905 -.1960653

lgovgdpq

D1. .1062764 .0714631 1.49 0.137 -.0337887 .2463415

flo
D1. .0016414 .0014932 1.10 0.272 -.0012852 .0045679

_cons .0023102 .0043346 0.53 0.594 -.0061855 .0108058

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lreerq Linear prediction
Graphs by id

xtpmg d.lreerq d.nfagdpq d.ltotq d.lopenq d.lgovgdpq d.flo , lr(lreerq nfagdpq ltotq
lopenq lgovgdp flo) ec(ECT) replace pmg NO GDPPC

Pooled Mean Group Regression
(Estimate results saved as pmg)

Panel Variable (i): id
Time Variable (t): date
Number of obs
Number of groups
=
=
2431
20
Obs per group: min = 43

avg =
max =
121.5
135

Log Likelihood = 6788.579

D.lreerq Coef. Std. Err. z P>|z| [95% Conf. Interval]

ECT
nfagdpq
ltotq
-4.830137
1.296428
.8707068
.1766799
-5.55
7.34
0.000
0.000
-6.536691
.9501413
-3.123583
1.642714
lopenq -1.729691 .2427088 -7.13 0.000 -2.205392 -1.253991

lgovgdpq
flo
.3155326
1.678661
.1628981
.6962998
1.94
2.41
0.053
0.016
-.0037419
.313939
.634807
3.043384

SR
ECT .0080555 .0045036 1.79 0.074 -.0007714 .0168823

nfagdpq
D1. -.3838956 .353688 -1.09 0.278 -1.077111 .3093201

ltotq
D1. -.0130228 .1721745 -0.08 0.940 -.3504786 .324433

lopenq

D1. -.3729782 .0946488 -3.94 0.000 -.5584864 -.1874701

lgovgdpq

D1. .1102681 .0714676 1.54 0.123 -.0298059 .250342

flo

D1. .00144 .0015268 0.94 0.346 -.0015525 .0044325

_cons .0068262 .0039201 1.74 0.082 -.000857 .0145095

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Graphs by id
xtpmg d.lreerq d(1/2).lgdppcq d.nfagdpq d.ltotq d.lopenq d.lgovgdpq d.flo, lr(l.lreerq
lgdppcq nfagdpq ltotq lopenq lgovgdp flo) ec(ECT) as pr. River Huang suggested

Pooled Mean Group Regression
(Estimate results saved as pmg)


Panel Variable (i): id
Time Variable (t): date
Number of obs
Number of groups
=
=
2416
20
Obs per group: min =
avg =
43
120.8

max = 134
Log Likelihood = 6862.924
D.lreerq Coef. Std. Err. z P>|z| [95% Conf. Interval]

ECT
lgdppcq -.103767 .087381 -1.19 0.235 -.2750306 .0674966

nfagdpq 1.822016 .308218 5.91 0.000 1.21792 2.426113
ltotq .5236055 .0597707 8.76 0.000 .4064569 .640754

lopenq
lgovgdpq
-1.011897
.1019051
.0934645
.0932768
-10.83
1.09
0.000
0.275
-1.195084
-.0809141
-.8287102
.2847244
flo -.0289852 .0195319 -1.48 0.138 -.067267 .0092965

SR

ECT -.0467441 .0189348 -2.47 0.014 -.0838557 -.0096325

lgdppcq
D1. -.9857597 .8292594 -1.19 0.235 -2.611078 .6395589
D2. -.212212 .6109228 -0.35 0.728 -1.409599 .9851747

nfagdpq

D1. -.4396912 .4073942 -1.08 0.280 -1.238169 .3587867

ltotq
D1. -.0580862 .1332051 -0.44 0.663 -.3191633 .2029909

lopenq
D1. -.2540726 .0580003 -4.38 0.000 -.3677512 -.1403941

lgovgdpq
D1. .1470566 .079208 1.86 0.063 -.0081883 .3023015

flo

D1. .001093 .0018078 0.60 0.545 -.0024503 .0046363

_cons .1153346 .0487784 2.36 0.018 .0197306 .2109385

xtreg lreerq ltotq l.dlgdppc lopenq lgovgdpq nfagdpq flo as Mr. Jesse Wursten
. xtreg lreerq ltotq l.dlgdppc lopenq lgovgdpq nfagdpq flo

Random-effects GLS regression Number of obs = 2,423
Group variable: id Number of groups = 20

R-sq: Obs per group:
within = 0.4643 min = 44
between = 0.0801 avg = 121.2
overall = 0.2058 max = 134

Wald chi2(6) = 1989.79

corr(u_i, X) = 0 (assumed) Prob > chi2 = 0.0000

lreerq Coef. Std. Err. z P>|z| [95% Conf. Interval]

ltotq .3782162 .0178929 21.14 0.000 .3431469 .4132856

dlgdppc
L1. -.6162425 .3136486 -1.96 0.049 -1.230983 -.0015026

lopenq -.6453873 .0246393 -26.19 0.000 -.6936795 -.5970952
lgovgdpq .0762679 .0221921 3.44 0.001 .0327721 .1197637
nfagdpq -1.66906 .0827554 -20.17 0.000 -1.831257 -1.506862

flo
_cons
.0027325
2.085166
.0102671
.0516699
0.27
40.36
0.790
0.000
-.0173907
1.983895
.0228557
2.186437

sigma_u .09305403
sigma_e .13309269
rho .32833371 (fraction of variance due to u_i)


. predict xtrer


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lreerq Linear prediction

Graphs by id


. xtreg lreerq ltotq l.dlgdppc lopenq lgovgdpq nfagdpq flo, fe

Fixed-effects (within) regression Number of obs = 2,423

Group variable: id Number of groups = 20

R-sq: Obs per group:

within = 0.4645 min = 44
between = 0.0807 avg = 121.2
overall = 0.2048 max = 134

F(6,2397) = 346.46
corr(u_i, Xb) = -0.7210 Prob > F = 0.0000

lreerq Coef. Std. Err. t P>|t| [95% Conf. Interval]

ltotq .3831942 .017787 21.54 0.000 .3483148 .4180736

dlgdppc
L1. -.5433243 .3107402 -1.75 0.081 -1.152672 .0660229

lopenq -.6747816 .0249605 -27.03 0.000 -.723728 -.6258353

lgovgdpq .076508 .022235 3.44 0.001 .0329062 .1201097
nfagdpq -1.683451 .0826527 -20.37 0.000 -1.845529 -1.521373
flo .0069308 .010261 0.68 0.499 -.0131906 .0270522
_cons 2.117541 .0471844 44.88 0.000 2.025015 2.210068

sigma_u .18196967
sigma_e .13309269
rho .65148848 (fraction of variance due to u_i)

F test that all u_i=0: F(19, 2397) = 104.06 Prob > F = 0.0000


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lreerq Linear prediction
Graphs by id