Re: [Gretl-users] fixed effects panel estimation
On Sat, 18 Jul 2009, Iveta Paterova wrote:
thank you Allin for your reply.But I still do not know which
estimator
to use for gravity if OLS seems to be unappropiate (low R squared) for
gravity equation?
A low R-squared value is not in itself a signal that OLS is
inappropriate. But an alternative is the random effects model.
Allin Cottrell