Panel regression

[tboy ani]

Hi there , I am currently doing work on ESG scores effecting corporate financial performance. I have panel data. I am very new to STATA as well as to running quantitative data. I have all the necessary data points but I want to know what the correct steps should follow whether to run diagnostic tests first then regressions and then hausman or what so i am pretty confused anyhelp will do thanks !

[Carlo Lazzaro]

Welcome to this forum.
Provided that you've already read a panel data econometrics textbook, take a look at -xt- suite of commands (especially -xtreg-) and -hausman- in Stata .pdf manual.

[tboy ani]

what would this mean ? i have managed to 1.) set my data as panel data 2.) run normal pooled linear regression 3.) run fixed effects and store 4.) run random effects and stall 5) do hausman test but end up with those results as shown

what would be the problem?

[Carlo Lazzaro]

You may have singletons: check your data.
-hausman- works asymptotically and frequently gasps.
You may want to check whether the -re- specification works well for your data using the community-contributed programme -xtoverid- (-search xtoverid- will take you to it).
As an aside, please note that you do not need to -xtset- your data if you plan to run a pooled OLS.
Eventually, please do not post screnshots to share what you typed and what Stata gave you back, but use CODE delimiters instead (see the FAQ). Thanks.