Panel Data Analysis

[Meghna aggarwal]

I am working on my master's dissertation and have the panel data of 5 countries for 30 years. As a starting step, I tested the xttest0 command to ensure that I didn't have to use the POLS, but my results were insignificant, thus making the panel effect insignificant. How should I proceed further in modeling the data to test the long-run and short-run effects of the independent variables?
Any help would be appreciated.

[Carlo Lazzaro]

Meghna:
welcome to this forum.
As pere FAQ, please post what you typed and what Stata gave you back. Thanks.
As a starting tip, with a T>N panel dataset, you should consider -xtgls- or -xtregar- commands.