Re: [Gretl-users] Difference between pooled and panel data
On Tue, 12 Jul 2011, Anutechia Asongu wrote:
Could someone remind me the difference between pooled and
panel data.
Cheers and thanks
Panel data are data that track measures on a given, fixed set
of "individuals" over time. The phrase "pooled data" is more
general: it implies that the data have both a time-series and
a cross-sectional dimension, but it includes the case where
the individuals are not a fixed set -- e.g. some individuals
drop out over time and are replaced by others. At least that's
how I read it.
Allin Cottrell