Hi, I am using xtsur command to estimate SURE model under panel setup. I have data for 16 countries (or group variable) over 19 years. When I run the xtsur command, I found that number of group (or panel) variable is only 1 (see the following attachment). Can any one explain me, why I am getting such strange result and suggest possible way out?
Thank you in advance.
Seemingly unrelated regression (SUR) in panel data set
One-way random effect estimation:
------------------------------------------------------------------------------
Number of Group variable: 1 Number of obs = 304
Panel variable: id Number of eqn = 3
Time variable : Year Number of panels = 1
Random effects u_i ~ Gaussian
corr(u_i, e_it) = 0 (assumed)
Panel type : strongly balanced
Thank you in advance.
Seemingly unrelated regression (SUR) in panel data set
One-way random effect estimation:
------------------------------------------------------------------------------
Number of Group variable: 1 Number of obs = 304
Panel variable: id Number of eqn = 3
Time variable : Year Number of panels = 1
Random effects u_i ~ Gaussian
corr(u_i, e_it) = 0 (assumed)
Panel type : strongly balanced
