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Overview: In the past, estimation techniques that use time series cross-sectional (panel) data approaches have become widely used. The PANEL procedure in SAS/ETS software fits classes of linear models that arise when time series and cross-sectional data are combined. This research paper from SAS Global Forum 2007 uses simulated data to compare the techniques and outline their advantages and disadvantages. The paper starts with a brief theoretical overview of panel data methods. Several examples are given to demonstrate these techniques and their implementation in the PANEL procedure. The PANEL procedure is then compared with other SAS procedures.
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Impact Business Performance with BPM
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