Dear Riccardo,
thanks for your answer. I manage to export from the database a csv file with
the same content I report in the previous mail. So now I can open the file
in Gretl. Now the difficult part is to transform the database in the
adequate way in order to obtain a panel data set.
Thanks for the suggestions about how to design the data set. We know we are
dealing with a difficult conceptual task. I think I will need aditional
dummys, one for each supermarket in order to capture specific effects.
But still, I need to work around the issue of creating the panel.
Any other suggestion is welcome.
Thanks
Leandro
2010/4/3 Riccardo (Jack) Lucchetti <r.lucchetti(a)univpm.it>
On Sat, 3 Apr 2010, Leandro Zipitria wrote:
Hello Gretl Community,
>
> I have a database with daily prices which is in a rather unusual format
> and I want to know if it is possibly to create a panel data with it using
> Gretl scripts. The database is
> extracted from a dbf archive, and its has 6 variables:
>
> - The (number of) supermarket from which the price is reported
> - The (number of) the product which price is being reported
> - The year of the price
> - The month of the price
> - The price reported itself
> - The first day of the month the price is reported
> - The last day of the month the price is reported
>
> I have nearly one million rows with data, but in order to do some
> regressions -and use it as a panel- I will need to transform it in a
> suitable way.
>
> I suppose that the best way that Gretl can handle it is to create a
> specific column for each product, and then stack all the supermarkets on a
> daily basis. In this way, I will
> have each column representing a product, the first 700 rows being a price
> for each product for supermarket 1, the next 700 rows being a price for each
> product for supermarket
> 2, etc.
> But in order to do it, I will need first to create the daily prices
> series, which is now "compacted" in the datafile. I am attaching a random
10
> elements from the database in
> order to get a better picture of the situation. In the first sheet I
> submit the actual data format, on the second one which I think should be the
> (best?) result.
>
> I will first ask if this kind of transformation is possible in Gretl. I am
> aware that running some scripts on other programs could do the trick, but I
> think that it could be
> possible in Gretl to do it. But I am also think that it could be rather
> complex to do it, and I am a new one on this issues.
>
Two remarks/suggestions:
1) Turning a dataset such as this into a panel dataset is not trivial from
a _conceptual_ point of view: what are your units? supermarkets or products?
or combinations of the two? What would you use as the time unit (day, month,
week)? If you choose anything longer than a day (say, a week), how would you
handle changes of prices during the week? Of course, this is a design
decision and gretl can't help you with this.
2) If you have your data in some database that can be queried via SQL, I
think that our ODBC apparatus may just fit your needs. You may want to have
a look at the corresponding chapter of the User's Guide.
Riccardo (Jack) Lucchetti
Dipartimento di Economia
Università Politecnica delle Marche
r.lucchetti(a)univpm.it
http://www.econ.univpm.it/lucchetti
_______________________________________________
Gretl-users mailing list
Gretl-users(a)lists.wfu.edu
http://lists.wfu.edu/mailman/listinfo/gretl-users