Dear Forum,
We are setting up a model for explaining the number of Private Public Partnerships. We are in a very early stage of doing this. The current problem is to set up an appropriate data set that helps us analyze the case.
We are using the data from here:
http://www.worldbank.org/en/topic/pu...tepartnerships
Using panel data might be beneficial since the data gives enough information for that.
However, Panel data requires that observations in time cannot appear more than once per ID.
In the data several investments are undertaken in a country per year, which is a problem for xtset.
Since we do not want to lose the information given by multiple PPPs undertaken within a country in one year, transforming the data for only
one investment per year does not seem to be a good approach.
Can someone give us please an advise for dealing with this issue?
Another issue we face is, that the data set does not give the GDP, but we want to account for it in the mode. Therefore we need to include it from a different data set. Depending on how we deal with the first issues bringing in the GDP would follow a different approach. If we leave the data set like it is and just set up xtset for the ID, how would we include the GDP data smoothly from a dataset that gives a figure per year?
Any guidance is much appreciated.
A Screenshot of the current data is here:
Best,
Michél
We are setting up a model for explaining the number of Private Public Partnerships. We are in a very early stage of doing this. The current problem is to set up an appropriate data set that helps us analyze the case.
We are using the data from here:
http://www.worldbank.org/en/topic/pu...tepartnerships
Using panel data might be beneficial since the data gives enough information for that.
However, Panel data requires that observations in time cannot appear more than once per ID.
In the data several investments are undertaken in a country per year, which is a problem for xtset.
Since we do not want to lose the information given by multiple PPPs undertaken within a country in one year, transforming the data for only
one investment per year does not seem to be a good approach.
Can someone give us please an advise for dealing with this issue?
Another issue we face is, that the data set does not give the GDP, but we want to account for it in the mode. Therefore we need to include it from a different data set. Depending on how we deal with the first issues bringing in the GDP would follow a different approach. If we leave the data set like it is and just set up xtset for the ID, how would we include the GDP data smoothly from a dataset that gives a figure per year?
Any guidance is much appreciated.
A Screenshot of the current data is here:
Best,
Michél
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