Stata Panel Data Exclusive

When dealing with large panels (large N) where cross-sectional dependence is suspected (e.g., global financial crises affecting all countries), standard clustering is insufficient. Stata offers xtscc (user-written) or manual implementation of Driscoll-Kraay standard errors.

xtset panelvar timevar

The two primary estimators for linear panel data are Fixed Effects (FE) and Random Effects (RE). stata panel data exclusive