BookmarkSubscribeRSS Feed
thdwjdxor
Calcite | Level 5

Hello,

 

I have a general question about running panel OLS model.

Here are the steps I took:

1. check if variables are stationary. (Is this necessary in panel data?)

2. check cointegration.

3. I have Y and X1 that are unit-root and no co-integration, so I first-differenced variables, and they are stationary. (Instead, can I run fixed or random effect?)

4. I ran ranone, and I have Pr>m of 0.56 for Hausman test; I ran ranone, and I have DF=0 / m value=0 / Pr>m= .

 

Question:

Do I run pooled ols, fixone, fixtwo, ranone, or rantwo?

Ranone suggest using random effect, but I am not sure how to interpret general picture of the analysis.

sas-innovate-wordmark-2025-midnight.png

Register Today!

Join us for SAS Innovate 2025, our biggest and most exciting global event of the year, in Orlando, FL, from May 6-9. Sign up by March 14 for just $795.


Register now!

Multiple Linear Regression in SAS

Learn how to run multiple linear regression models with and without interactions, presented by SAS user Alex Chaplin.

Find more tutorials on the SAS Users YouTube channel.

Discussion stats
  • 0 replies
  • 695 views
  • 0 likes
  • 1 in conversation