Hey Statalisters,
I'd like to know first, if the concept of adjusted R
square also works when you are running panel data with
fixed effects (that is, as you increase the
independent variables your R square increases, like in
OLS). My guess is that also happens in the case of
fixed effects, you correct me if i'm wrong. If that is
the case, how can I calculate in STATA ?
Thanks a lot, and Merry X'mas for you all....
Since the model is just OLS with 'g' dummy variables, everything you know
about OLS applies here. areg will estimate a fixed effects model: e.g.