Hey!
I´m currently sitting with QoGs data set covering OECD countries.
This data set is a panel data, yearly data, covering the year 2001-2011, including 33 countries.
I have enter the command xtset cname1 year. (cname1 is ny id variable)
Following message comes up:
. xtset cname1 year
panel variable: cname1 (strongly balanced)
time variable: year, 2001 to 2011
delta: 1 unit
Further, I wanna test for unit root and command xtunitroot llc tea01
Following message comes up:
. xtunitroot llc tea01
Levin-Lin-Chiu test requires strongly balanced data
r(498);
Note that this message comes up with every test except DF.
What is wrong? I cant trust that I have strongly balanced data?
I´m currently sitting with QoGs data set covering OECD countries.
This data set is a panel data, yearly data, covering the year 2001-2011, including 33 countries.
I have enter the command xtset cname1 year. (cname1 is ny id variable)
Following message comes up:
. xtset cname1 year
panel variable: cname1 (strongly balanced)
time variable: year, 2001 to 2011
delta: 1 unit
Further, I wanna test for unit root and command xtunitroot llc tea01
Following message comes up:
. xtunitroot llc tea01
Levin-Lin-Chiu test requires strongly balanced data
r(498);
Note that this message comes up with every test except DF.
What is wrong? I cant trust that I have strongly balanced data?
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