Hi all,
I am playing with the cross-sectional,time series data I have. I couldn't quite
figure out something here.
When I used the xtreg, the result table showed
Number of obs: 4248
Number of groups: 246
However, when I ran the xtabond (no additional specification, i.e., lag 1 only),
the result table showed
Number of obs: 3756
Number of groups: 240
I am not aware of any missing data in my sample. The time period is 19 yrs. What
I don't understand is why the numbers of obs and groups are so different between
xtreg and xtabond. I would appreciate it very much if someone could give me some
advise here. Thanks!
Happy holidays!
cheers,
You-Ta
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