A panel data set is one that follows a given sample of units over time. Thus, panel data analysis refers to econometric tools that deal with the estimation of relationships that combine time series and cross-sectional data. Appropriate estimation methods are discussed depending on the characteristics of the data.
CITATION STYLE
Ciarreta, A., Espinosa, M. P., & Zarraga, A. (2016). Panel Data Analysis. In Encyclopedia of Law and Economics (pp. 1–2). Springer New York. https://doi.org/10.1007/978-1-4614-7883-6_360-1
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