SHAZAM Questions and Answers (Q&A) - RSS feedhttp://community.econometrics.com/questions/SHAZAM Econometrics, Statistics and Analytics Communityen<font color="white">Copyright <b>SHAZAM Analytics, 2018</b></font>Mon, 27 Apr 2015 20:03:24 +0000How do I use the Box-Cox command for panel data estimation?http://community.econometrics.com/question/624/how-do-i-use-the-box-cox-command-for-panel-data-estimation/ I have a panel data of US states and want to implement a Box-Cox regression. Does SHAZAM allow this? What is the command?Fri, 17 Apr 2015 16:52:15 +0000http://community.econometrics.com/question/624/how-do-i-use-the-box-cox-command-for-panel-data-estimation/Answer by SHAZAMHelp for <p>I have a panel data of US states and want to implement a Box-Cox regression. Does SHAZAM allow this? What is the command?</p>
http://community.econometrics.com/question/624/how-do-i-use-the-box-cox-command-for-panel-data-estimation/?answer=625#post-id-625Discussing this here, the suggested approach is that you might try a straight Box Cox to get an idea of functional form i.e. whether linear, log etc. Then you might use that transformation to transform the data then use the POOL command (Cross Sectional Time Series).
Mon, 27 Apr 2015 20:03:24 +0000http://community.econometrics.com/question/624/how-do-i-use-the-box-cox-command-for-panel-data-estimation/?answer=625#post-id-625