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Panel Data Analysis

Posted 11-14-2007 06:36 PM (761 views)
I am currently using PROC TSCSREG for analyzing a panel data using PARKS method. I get the warniing message

"Estimated autoregression parameter RHO=1.129 did not satisfy |RHO|<1.0 criteria for cross
section GVKEY=1318. It will be set to a value within range.".

I am not sure why this is happening. Can somebody please help?
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  • ‎11-14-2007 06:36 PM
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