Econometric analysis of panel data
This course is of an applied nature and focuses on hands-on experience in estimation, interpretation and evaluation of economic relationships within a panel data context.
Learning outcomes:
The course takes place in a computer lab. Delegates use Eviews version seven for practical applications.
After completion of this course, delegates will be able to:
- estimate regression models for data organised in a panel and deal with violations of the basic assumptions of regression analysis; and
- apply techniques of unit root testing and cointegration in the case where the panel contains unit roots.
Delegates complete an open-book evaluation on the last day of the course. A certificate will be awarded upon successful completion of the course.
Course content:
The course covers the following topics:
1. Stationary panel data:
- One-way error component models
- Two-way error component models
- Hypothesis testing
- Heteroscedasticity and serial correlation
- Seemingly unrelated regression (SUR) models
2. Non-stationary panel data
- Unit root tests
- Estimation of non-stationary time series
- Cointegration tests
Entry requirements:
Honours level qualification in time-series Econometrics (including exposure to the concepts of unit root testing and cointegration). An understanding of matrix algebra and experience as a researcher or analyst in any of the fields of economic application. Proficiency in EViews is also advised.
Time: 07:30 - 16:00
Venue: University of Pretoria, Main Campus, Pretoria
Cost: R16,300
More info:
Direct Link to the course Info:
http://www.ceatup.com/Course?tabid=58&Course=df808bed-b8f2-df11-9e88-0050569b0004