Re: [Gretl-users] Computing R-Squared in panel Random Effects
On Wed, 4 Jun 2014, Ondřej Dvouletý wrote:
I am facing a problem with estimating panel regression with Random
Effects.
I did not find any way how to persuade Gretl to compute R-Squared.
Could you give me advice? Thank you very much for replies.
Please see
http://lists.wfu.edu/pipermail/gretl-users/2010-March/004588.html
Since the RE estimator does not minimize the sum of squared residuals, any
"R-squared" figure reported for such estimation is going to be debatable
at best.
Allin Cottrell