The PANEL Procedure
- Overview
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Getting Started
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Syntax
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Details
Missing Values Computational Resources Restricted Estimates Notation The One-Way Fixed-Effects Model The Two-Way Fixed-Effects Model Balanced Panels Unbalanced Panels Between Estimators Pooled Estimator The One-Way Random-Effects Model The Two-Way Random-Effects Model Parks Method (Autoregressive Model) Da Silva Method (Variance-Component Moving Average Model) Dynamic Panel Estimator Linear Hypothesis Testing Heteroscedasticity-Corrected Covariance Matrices R Square Specification Tests Troubleshooting ODS Graphics The OUTPUT OUT= Data Set The OUTEST= Data Set The OUTTRANS= Data Set Printed Output ODS Table Names
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Examples
- References
| Computational Resources |
The more parameters there are to be estimated, the more memory and time are required to estimate the model. Also affecting these resources are the estimation method chosen and the method to calculate variance components. If the model has 
parameters including the intercept, there are at least 
numbers being held in the memory.
If the Arellano and Bond GMM approach is used, the amount of memory grows proportionately to the number of instruments in the INSTRUMENT statement. If the ITGMM (iterated GMM) option is selected, the computation time also depends on the convergence criteria selected and the maximum number of iterations allowed.