7/25/2019 Eco342aPanel Assignment 1

1/3

Assignment 1

On

Theoretical Concepts of Panel Data

Course: Eco 342a/Eco71a

!nstructor : Dr" #omesh $" %athur

&ote: Attempt all the questions. Submission is compulsory for all.

' 1:E(plain the follo)ing concepts in *etail:

1. Cross-Section Data.

2. Time-Series Data.

3. Poole !ersus Panel Data.

". #etrosceasticity.

$. Autocorrelation.

%. &ulticolinearity.

'. Speciation error.

(. Specification )ias.

*. +nobser!e #etero,eneity.1. Tests of si,nificance /0 t0 f an Chi-square.

11. Probability !alue p-!alue.

12. e!el of si,nificance.

13. Type- an Type- errors.

1". Stanar 4rror.

1$. 5ariance an Co!ariance.

1%. Coefficient of Determination 62

1'. A7uste 62.

1(. De,rees of 8reeom.

' 2: E(plain the assumptions of Classical +inear ,egression %o*el -C+,%." hat

happens if these are 0iolate*

1

7/25/2019 Eco342aPanel Assignment 1

2/3

' 3: hat *o ou mean i(e* an* ,an*om Effect %o*els Compare an* contrast in

*etail"

' 4: 5o) *o )e ta6e care of the omitte*/time in0ariants 0ariales in the fi(e* effect

mo*el #pecif the alternati0e estimation techniue-s.8 if these e(ist"

' 9: !nterpret the follo)ing i(e* Effect estimation results:

1. Coefficients interpretation9

2. Stanar errors9

3. !erall si,nificance9

". Confience inter!al9

$. 62;ithin an )et;een9

2

7/25/2019 Eco342aPanel Assignment 1

3/3

' : !nterpret the follo)ing ,an*om Effect estimation results:

1. Coefficients interpretation9

2. Stanar errors9

3. !erall si,nificance9

". Confience inter!al9

$. 62;ithin an )et;een9

%. Si,ma u0 Si,ma e an 6ho9'. #o; the estimate results iffer from the fi