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Panel Data Analysis - Advantages and Challenges

  • Cheng Hsiao

We explain the proliferation of panel data studies in terms of (i) data availability, (ii) the more heightened capacity for modeling the complexity of human behavior than a single cross-section or time series data can possibly allow, and (iii) challenging methodology. Advantages and issues of panel data modeling are also discussed.

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Paper provided by Institute of Economic Policy Research (IEPR) in its series IEPR Working Papers with number 06.49.

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Length: 31 pages
Date of creation: May 2006
Date of revision:
Handle: RePEc:scp:wpaper:06-49
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Web page: http://www.usc.edu/dept/LAS/economics/IEPR/

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