If the observations are not independent (i.e. if they are autocorrelated over time), then the effective sample size may be quite a bit smaller than 33*22. David Greenberg, Sociology Department, New York University
----- Original Message -----
From: Clive Nicholas <[email protected]>
Date: Thursday, July 8, 2004 4:28 am
Subject: Re: st: Mlogit with panel
> Edlira Nazarani replied:
>
> > My CSTS is composed of 33 firms and 22 years. the dependant
> variable takes
> > 3
> > values. does 33 years mean "lots of observations for each cross
> section"?
> Not really, but pooling them together gives you (33*22) = 726
> observations, which is more than enough.
>
> CLIVE NICHOLAS |t: 0(044)191 222 5969
> Politics |e: [email protected]
> Newcastle University |http://www.ncl.ac.uk/geps
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