Hi
I work with the dataset pwt100 and want to estimate the the solow Model from 1956 and the conditional convergence. I'm interested into, how the average annual hours worked by persons engaged has an impact on the real gdp. Now, I have 31 countries in this data set, which has observations for the variable avh (average annual hours worked by persons engaged).
I never worked before with panal datas and the fixed Effects model and I'm not really sure how I have to proceed excatly, so that I get a Fixed effect estimation with country fixed effects?
Can someone help me here?
I work with the dataset pwt100 and want to estimate the the solow Model from 1956 and the conditional convergence. I'm interested into, how the average annual hours worked by persons engaged has an impact on the real gdp. Now, I have 31 countries in this data set, which has observations for the variable avh (average annual hours worked by persons engaged).
I never worked before with panal datas and the fixed Effects model and I'm not really sure how I have to proceed excatly, so that I get a Fixed effect estimation with country fixed effects?
Can someone help me here?