BookmarkSubscribeRSS Feed
factorhedge
Fluorite | Level 6

Hi 

 

I have a panel data , where I need to cluster the standard errors by firm and time. Peterson's website(http://www.kellogg.northwestern.edu/faculty/petersen/htm/papers/se/se_programming.htm) provides a macro. However I was wondering whether I can use Proc Surveyreg as shown below. I know for one level clustering this works but not sure about the two dimensional clustering. Can anyone please help me

 

proc surveyreg data= Have;
cluster Firm_ID  YEAR;
model Depedent_Var= Independent variables
/ADJRSQ;
;
ods output parameterestimates = estimates fitstatistics = rsquare datasummary = numberofobs;
run;

sas-innovate-2024.png

Join us for SAS Innovate April 16-19 at the Aria in Las Vegas. Bring the team and save big with our group pricing for a limited time only.

Pre-conference courses and tutorials are filling up fast and are always a sellout. Register today to reserve your seat.

 

Register now!

What is ANOVA?

ANOVA, or Analysis Of Variance, is used to compare the averages or means of two or more populations to better understand how they differ. Watch this tutorial for more.

Find more tutorials on the SAS Users YouTube channel.

Discussion stats
  • 0 replies
  • 1473 views
  • 0 likes
  • 1 in conversation