UA-cam recently changed the way my content will be monetised. My channel now needs 1,000 subscribers. So it would be amazing if you show your support by both watching my videos and subscribing to my channel if you haven’t done so already. Monetising my videos allows me to invest back into the channel with some new equipment so this small gesture from you will be extremely huge for me. Many thanks for your support….CrunchEconometrix loves to teach, help me stay online.
Hi Iqbal, thanks for the positive feedback, deeply appreciated. I'll do my best to make those videos once I understand the techniques. Please may I know from where (location) you are reaching me?
Please what does it mean when you get this output after performing the Housman test? * Cross-section test variance is invalid. Hausman statistic set to zero.
Hi, thanks for your videos - really helpful! I have performed the Hausman test (in Eviews) to decide between PMG and MG estimator. As my p-value is statistically significant i will reject the null hypothesis in favour of the alternative, meaning that the PMG estimator is not efficient and MG estimator should be used. Can the MG estimator be run in Eviews? Does not seem obvious - is there perhaps a work around?
@@CrunchEconometrix Thank you very much. I found the problem and addressed it. One of the variables had an error that did not make the Hausman test estimates work properly.
Yes i do the same step, the problem, in the dialog box, it is not appear. May be it will be because of the version that i use. That's why i ask i there a way to access the seting of eviews. Just to configurate this option, before doing the step you are showing in your video. Do you understand the problem now?
@@CrunchEconometrix your video is about panel ardl in stata.i am asking about Hausman test estimation for panel ardl in eviews.i you have video about Hausman test in eviews then please post the link of that video here in comment.i don't need video abou Hausman test for random and fixed effect model.thanks in anticipating.
thank you, professor. please I have two questions. first one is, why did you use dummy variables from (yr2-yr13), meaning, why didn't use a dummy variable for (yr1)? The second one is, why you didn't include the regional dummy variables in the equation test? is there any approach or mechanism to deal with ?.
Hi Anwar, yr1 is the base dummy. It is dropped to avoid the "dummy variable trap". Regional dummies cannot be included because they are fixed and controlled for. May I know from where (location) you are reaching me?
@@CrunchEconometrix. thank you, professor, for helping. I'm reaching you from china. Please, I have some questions, I'm working on panel model ( 11 countries, 23 years, 6 variables, dummy variables,) using fixed and random effect. the First question: 1- shall I include dummy variables for years(yr1-yr24) or for countries? 2-How many years or countries should I drop to avoid "dummy variable trap"? 3- Are there any relations between (Durbin-Watson stat) and fixed or random effect? 4- When we do a panel unit root test, is it needed to determine the (lag) as we do in cointegration test or not?. THANK YOU IN ADVANCE.
Mam, I tried analyzed my data cross-section as fixed but I unable to do that because came error message( near singular matrix) I did same as u did Mam Can you give some solution to me
Hi Laksmita, due to abuse I deactivated the link such that some datasets are available on my website upon payment of a token fee. Here's the link cruncheconometrix.com.ng/shop
ı just confused sometimes the other teachers put dummy variables for yeasrs and countries but sometimes they dont do it. What does it depend on please?
@@CrunchEconometrix if i want to replicate a panel data from an article, is it necessary to include time dummy though the equation stated in one of the article doesn't require time dummies?
@@CrunchEconometrix i am testing H0: no significant relationship between Banking technology and cashless economy. H1: significant relationship between Banking technology and cashless economy.
H0: no significant relationship between education and cashless economy. H1: significant relationship between education and cashless economy. . H0: no significant relationship between deposit interest rate and cashless economy. H1: significant relationship between deposit interest rate and cashless economy.
UA-cam recently changed the way my content will be monetised. My channel now needs 1,000 subscribers. So it would be amazing if you show your support by both watching my videos and subscribing to my channel if you haven’t done so already. Monetising my videos allows me to invest back into the channel with some new equipment so this small gesture from you will be extremely huge for me. Many thanks for your support….CrunchEconometrix loves to teach, help me stay online.
very good explanation, straight to the point, Thanks
Amany AKeel thanks I'm encouraged😄
Thank you so much 🙏
You're welcome, MelonHead 😊
thank you professor
U're welcome 😊.
This is the video I am talking about. Where you used 141 countries and 13years.
You can use the techniques discussed in this clip.
Good afternoon. How do I do the Hausman test for time series data analysis and not panel data analysis
Hi Korede, to the best of my knowledge Hausman test is only applicable to panel data analysis.
thank you for your vedio. if possible please explain 1. redundand fixed effects likelihood ratio test.
Hi Iqbal, thanks for the positive feedback, deeply appreciated. I'll do my best to make those videos once I understand the techniques. Please may I know from where (location) you are reaching me?
@@CrunchEconometrix thanks for your quick reply. I from Pakistan
No worries, Iqbal. I'll appreciate if you share the link to my UA-cam Channel with your students and colleagues in Pakistan. May God bless you, amen.
@@CrunchEconometrix Ammeen. Thnks
I have been looking for exogeniety test video, I couldn't get it. Help pls
I don't have any video on that at the moment. You may want to check out other online resources.
Thanks
U're welcome, Mohd! 💕 Kindly spread the word about my videos to your students, friends and academic community. Thanks!😊
Please what does it mean when you get this output after performing the Housman test?
* Cross-section test variance is invalid. Hausman statistic set to zero.
Hi Kwame, no idea. Never encountered such. I suggest that you post this on any EViews platform for more constructive feedback. Thanks.
Hi, thanks for your videos - really helpful! I have performed the Hausman test (in Eviews) to decide between PMG and MG estimator. As my p-value is statistically significant i will reject the null hypothesis in favour of the alternative, meaning that the PMG estimator is not efficient and MG estimator should be used. Can the MG estimator be run in Eviews? Does not seem obvious - is there perhaps a work around?
Hi Charles, that's why I don't have the EViews versions of those videos. Thanks.
What about cross-section test variance is invalid. hausman statistic set to zero
Tarek, not sure I have a response to this. Not quite clear.
@@CrunchEconometrix Thank you very much. I found the problem and addressed it. One of the variables had an error that did not make the Hausman test estimates work properly.
Alright, Tarek. Glad it's settled 😊
Nice ! How to activate the 'Panel Option' ? It is not appeared in my eviews software.
I showed how in my video.
Yes i do the same step, the problem, in the dialog box, it is not appear. May be it will be because of the version that i use. That's why i ask i there a way to access the seting of eviews. Just to configurate this option, before doing the step you are showing in your video. Do you understand the problem now?
*if there is a way
You may want to update your version of EViews.
How can hausman test be used for selection of appreciate model in case mg and pmg?
Hi Noman, kindly watch my videos on panel ARDL. Thanks
@@CrunchEconometrix your video is about panel ardl in stata.i am asking about Hausman test estimation for panel ardl in eviews.i you have video about Hausman test in eviews then please post the link of that video here in comment.i don't need video abou Hausman test for random and fixed effect model.thanks in anticipating.
Ok Noman, I have no such video. You may want to check out other online resources.
Why select cross section in the PA El options dialogue and not period.?
I explained that in the video. You may need to watch again.
thank you for the video, I wonder why we use yr2-yr13 instead of writing each year separately, how would that be different?
Hi Yin, using yr2-yr13 gives you exactly that. Why not try both to observe the outcomes?
thank you, professor. please I have two questions.
first one is, why did you use dummy variables from (yr2-yr13), meaning, why didn't use a dummy variable for (yr1)?
The second one is, why you didn't include the regional dummy variables in the equation test? is there any approach or mechanism
to deal with ?.
Hi Anwar, yr1 is the base dummy. It is dropped to avoid the "dummy variable trap". Regional dummies cannot be included because they are fixed and controlled for. May I know from where (location) you are reaching me?
@@CrunchEconometrix. thank you, professor, for helping. I'm reaching you from china.
Please, I have some questions, I'm working on panel model ( 11 countries, 23 years, 6 variables, dummy variables,) using fixed and random effect. the First question:
1- shall I include dummy variables for years(yr1-yr24) or for countries?
2-How many years or countries should I drop to avoid "dummy variable trap"?
3- Are there any relations between (Durbin-Watson stat)
and fixed or random effect?
4- When we do a panel unit root test, is it needed to determine the (lag) as we do in cointegration test or not?.
THANK YOU IN ADVANCE.
@@anwarqahtan2750 If N
Mam, I tried analyzed my data cross-section as fixed but I unable to do that because came error message( near singular matrix)
I did same as u did Mam
Can you give some solution to me
Hi, the error message indicates multicollinearity. Kindly watch my video on MULTICOLLINEARITY on how to resolve the problem. Thanks.
Hi i tried to access the dataset but there seems to be an error stating that data is unavailable
Hi Laksmita, due to abuse I deactivated the link such that some datasets are available on my website upon payment of a token fee. Here's the link cruncheconometrix.com.ng/shop
Thank you for this, I faced difficulties because there's no "Panel options" on my eviews, do you know how to solve it?
Import the excel file as "structured/balanced" into EViews.
ı just confused sometimes the other teachers put dummy variables for yeasrs and countries but sometimes they dont do it. What does it depend on please?
Hi Seyfullah, I have no idea what technique you are referring to.
@@CrunchEconometrix if i want to replicate a panel data from an article, is it necessary to include time dummy though the equation stated in one of the article doesn't require time dummies?
Hi Laksmita, yes.
Please how can i get hausman test for simultaneous equation using 3sls estimation.
And sargan test pleaaaaaaaaaase
No videos on 3sls at the moment.
@@CrunchEconometrix when please ? 🙇🙇🙇🙇🙇
🌷🌷🌷🌷🌷
Professor, Whether we need to test endognenity in cross sectional data?
That is not necessary, to the best of my understanding.
@@CrunchEconometrix Thank you professor
Professor, How to do endogeniety (Hausman) test in a cross section data using Eviews?
I honestly have no idea. Never done it before.
@@CrunchEconometrix Thank you Professor.
what if the prob value is equal to one, like 0.1078, do we accept or reject?
What hypothesis are you testing?
@@CrunchEconometrix i am testing H0: no significant relationship between Banking technology and cashless economy.
H1: significant relationship between Banking technology and cashless economy.
H0: no significant relationship between education and cashless economy.
H1: significant relationship between education and cashless economy.
.
H0: no significant relationship between deposit interest rate and cashless economy.
H1: significant relationship between deposit interest rate and cashless economy.
Chidera, not the null hypothesis of your thesis but of the Hausman test which I explained in the video?
@@CrunchEconometrix sorry about that, the p-value from my Hausman test is not statistically significant . more than 1%