From reading the guide of Stata , I saw that:
I am wondering what does "different units of observations" mean here. From my point of view, the "repeated cross-sectional data" differ from panel data because "repeated cross-sectional data" has the data for different firms over time while the firms are kept in all year in panel data. E.g.when doing a survey for 4 years from 1990 to 1994, cross-sectional data will be the data of firms A,B,C at year 1, firms A,C,D at year2... while panel data have the data for all these firms in all years. Is it a correct thought?
Thanks in advance.
didregress can be used with repeated cross-sectional data, where we sample different units of observations at different points in time
Thanks in advance.
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