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패널 고정 효과 모형×패널 랜덤 효과 모형 (Panel Random Effects Model)×
분야계량경제학계량경제학
계열Regression modelRegression model
기원 연도19781966
창시자Mundlak (1978); classical treatment in Wooldridge (2010) and Baltagi (2021)Balestra & Nerlove
유형Panel regression estimatorPanel data estimator
원전Wooldridge, J. M. (2010). Econometric Analysis of Cross Section and Panel Data (2nd ed.). MIT Press. ISBN: 978-0262232586Balestra, P., & Nerlove, M. (1966). Pooling cross section and time series data in the estimation of a dynamic model: The demand for natural gas. Econometrica, 34(3), 585–612. DOI ↗
별칭within estimator, FE model, within-group estimator, LSDV modelrandom effects estimator, RE model, GLS random effects, error components model
관련55
요약The panel fixed effects (FE) model controls for all time-invariant, unit-specific unobserved heterogeneity by absorbing it into individual intercepts. By sweeping out unit means through the within transformation, FE yields unbiased estimates of the effect of time-varying regressors even when omitted unit-level confounders are correlated with those regressors.The panel random effects (RE) model treats individual-specific effects as random draws from a population distribution rather than fixed constants, enabling efficient estimation by generalised least squares and allowing inference about time-invariant regressors that are swept away in fixed effects estimation.
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