 |
|
| The PANEL Procedure |
| Between Estimators |
The between groups estimator is the regression of the cross section means of 
on the cross section means of 
. In other words, you fit the following regression:
 |
The between time periods estimator is the regression of the time means of 
on the time means of . In other words, you fit the following regression:
 |
In either case, the error is assumed to be normally distributed with mean zero and a constant variance.
|
|
Copyright © 2008 by SAS Institute Inc., Cary, NC, USA. All rights reserved.