Introduction
Badi Baltagi
Chapter Chapter 1 in Econometric Analysis of Panel Data, 2021, pp 1-14 from Springer
Abstract:
Abstract In this book, the term “panel data” refers to the pooling of observations on a cross-section of households, countries, firms, etc., over several time periods. This can be achieved by surveying a number of households or individuals and following them over time. The latter are known as micro-panels and are collected for a large number of N individuals (usually in the hundreds or thousands) over a short time period T (varying from a minimum of two years to a maximum rarely exceeding 10 or 20). In contrast, macro-panels usually involve a number of countries over time. These may have a moderate size N (varying from 7 countries say for the G7 countries to a larger set of say 20 OECD or European Union countries, or a mix of developed and developing countries, which could be as large as 100 or 200).
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-030-53953-5_1
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DOI: 10.1007/978-3-030-53953-5_1
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