Re: st: Reemedy for serial correlation in Panel Data

["D. Demetriou" <dd358@cam.ac.uk>]

Dear all, 

Thank you for your valuable comments!

David (Greenberg) do you believe that the size of my data(T=10, N=9) is 
forbidding for empirical research?

I am using Regional Trends which unfortunately goes back 10 years the most 
for my variables of interest. And regions ofcourse are limited to 9. Data 
on subregions (so that I could increase N) does not exist and where it 
exists goes only back to 2-3 years.

I have taken all precautions to maximise the reliability of results and 
intensively analyse residuals by region and panel after each regression to 
ensure that coefficients are not the outome of 1 or few influential 
observations. I also apply all sort of tests: collinearity, normality of 
idiosyncratic component(to enable correct inference from t-statistics), 
cross sectional dependance, etc

So, do you think there is no way an empirical research should move forward 
with such a small size?

PS: It will come a bit hard on me as I am halfway the paper!

Yours,

DD
*
*   For searches and help try:
*   http://www.stata.com/help.cgi?search
*   http://www.stata.com/support/statalist/faq
*   http://www.ats.ucla.edu/stat/stata/