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  • What is the difference between corr() and cov() with panel data?

    When is it more appropriate to use cov() vs corr() for the residual structures for panel data?

    Example Code:

    xtpoisson Outcome CovariateA##CovariateB CovariateC CovariateD, exposure(area) corr(exchangeable)

    ​​​​​ xtnbreg Outcome CovariateA##CovariateB CovariateC CovariateD, exposure(area) corr(independent)

    mepoisson Outcome CovariateA##CovariateB CovariateC CovariateD, exposure(area) || GroupID:, covariance(unstructured)

    menbreg Outcome CovariateA##CovariateB CovariateC CovariateD, exposure(area) || GroupID:, covariance(unstructured)

    glm Outcome CovariateA##CovariateB CovariateC CovariateD, exposure(area) vce(robust) family(gamma) link(identity)
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