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Random Effects Panel Model×패널 데이터에서의 통합 최소제곱법×
분야계량경제학계량경제학
계열Regression modelRegression model
기원 연도19782010
창시자Baltagi (textbook treatment); Hausman specification testJeffrey Wooldridge (treatment)
유형Panel data regressionLinear regression on stacked panel observations
원전Hausman, J. A. (1978). Specification Tests in Econometrics. Econometrica, 46(6), 1251-1271. DOI ↗Wooldridge, J. M. (2010). Econometric Analysis of Cross Section and Panel Data (2nd ed.). MIT Press. ISBN: 978-0-262-23258-8
별칭random effects panel regression, RE estimator, GLS panel estimator, Panel Rassal Etkiler ModeliPooled OLS, Pooled Ordinary Least Squares, Simple Panel OLS, Havuzlanmış EKK
관련52
요약The random effects model is a panel data estimator that explains an outcome using both within-unit and between-unit variation, treating the unobserved unit-specific heterogeneity as a random, normally distributed term rather than a fixed parameter. Its validity is judged with the Hausman (1978) specification test, and it is developed in standard treatments such as Baltagi's Econometric Analysis of Panel Data.Pooled OLS applies standard ordinary least squares to panel data by stacking all cross-sectional and time observations into a single dataset and ignoring the panel structure during estimation. It is the most transparent starting point for panel data analysis, widely used in economics, finance, and social sciences when researchers wish to estimate average partial effects across individuals and time periods without imposing strong distributional assumptions about unobserved heterogeneity.
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