Sub-category - Indepth Research Institute (IRES)

Panel Data Analysis using Stata Training Course


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We are proud to offer this course in a variety of training formats to suit your needs. We use the highest quality learning facilities to make sure your experience is as comfortable as possible. Our face to face calendar allows you to choose any classroom course of your choice to be delivered at any venue of your choice - offering you the ultimate in convenience and value for money.

February 2025

Date Duration Location Standard Fee Action
17 Feb - 21 Feb 5 days Half-day KES 55,000 | $ 595 Individual Group

March 2025

Date Duration Location Standard Fee Action
17 Mar - 21 Mar 5 days Half-day KES 55,000 | $ 595 Individual Group

April 2025

Date Duration Location Standard Fee Action
14 Apr - 18 Apr 5 days Half-day KES 55,000 | $ 595 Individual Group

May 2025

Date Duration Location Standard Fee Action
19 May - 23 May 5 days Half-day KES 55,000 | $ 595 Individual Group

June 2025

Date Duration Location Standard Fee Action
16 Jun - 20 Jun 5 days Half-day KES 55,000 | $ 595 Individual Group

July 2025

Date Duration Location Standard Fee Action
14 Jul - 18 Jul 5 days Half-day KES 55,000 | $ 595 Individual Group

August 2025

Date Duration Location Standard Fee Action
18 Aug - 22 Aug 5 days Half-day KES 55,000 | $ 595 Individual Group

September 2025

Date Duration Location Standard Fee Action
15 Sep - 19 Sep 5 days Half-day KES 55,000 | $ 595 Individual Group

October 2025

Date Duration Location Standard Fee Action
20 Oct - 24 Oct 5 days Half-day KES 55,000 | $ 595 Individual Group

November 2025

Date Duration Location Standard Fee Action
17 Nov - 21 Nov 5 days Half-day KES 55,000 | $ 595 Individual Group

December 2025

Date Duration Location Standard Fee Action
15 Dec - 19 Dec 5 days Half-day KES 55,000 | $ 595 Individual Group

Course Overview:
This course offered at IRES is designed to provide participants with a comprehensive understanding of panel data analysis using Stata. It focuses on equipping participants with the skills to analyze data that combines both time series and cross-sectional dimensions. Key topics include fixed and random effects models, dynamic panel data models, and testing for endogeneity and autocorrelation. Participants will engage in hands-on exercises and work with real-world datasets to understand how to effectively model panel data and interpret the results using Stata's advanced features.

Course Duration:
5 Days

Target Audience:

  • Economists
  • Financial analysts
  • Statisticians
  • Researchers
  • Data scientists
  • Professionals involved in panel data analysis, economic forecasting, and data-driven decision-making

Personal Impact:

  • Master advanced techniques for analyzing panel data using Stata.
  • Gain practical experience in working with longitudinal datasets.
  • Enhance your ability to build robust models for accurate forecasting and analysis.

Organizational Impact:

  • Improve the organization’s capacity to analyze complex data that includes both time and individual variations.
  • Use panel data models to assess performance, trends, and policies.
  • Apply sophisticated econometric methods to strengthen business strategies and policy decisions.

Course Level:

Course Objectives:
By the end of this course, participants will be able to:

  • Understand the key principles of panel data analysis.
  • Apply fixed and random effects models to panel data.
  • Conduct tests for panel data model specification, including Hausman tests.
  • Build dynamic panel data models and deal with endogeneity issues.
  • Use Stata to effectively analyze and interpret panel data for real-world applications.

Course Outline:

Module 1: Introduction to Panel Data Analysis and Stata Basics

  • Overview of panel data and its applications
  • Importing, managing, and manipulating panel data in Stata
  • Understanding fixed and random effects
  • Practical Exercise: Panel data management in Stata

Module 2: Fixed Effects and Random Effects Models

  • Estimating and interpreting fixed effects models
  • Estimating random effects models
  • Choosing between fixed and random effects using the Hausman test
  • Case Study: Analyzing firm-level data using fixed and random effects

Module 3: Dynamic Panel Data Models

  • Introduction to dynamic panel data modeling
  • Estimating dynamic models using difference and system GMM
  • Addressing endogeneity and autocorrelation in panel data
  • Practical Exercise: Building dynamic panel data models in Stata

Module 4: Testing for Autocorrelation, Endogeneity, and Model Diagnostics

  • Detecting and correcting for autocorrelation and heteroscedasticity in panel data
  • Testing for and addressing endogeneity
  • Model diagnostics and interpretation
  • Case Study: Endogeneity testing in economic models using panel data

Module 5: Advanced Applications of Panel Data Analysis

  • Applications of panel data analysis in economic, financial, and policy analysis
  • Practical Exercise: Real-world panel data analysis
  • Real-life Project: Building and interpreting a panel data model using your organization’s data

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Course Administration Details:

METHODOLOGY

The instructor-led trainings are delivered using a blended learning approach and comprise presentations, guided sessions of practical exercise, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience, working as professionals and trainers in these fields. All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.

ACCREDITATION

Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).

TRAINING VENUE

The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.

ACCOMMODATION AND AIRPORT PICKUP

Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer.

TAILOR-MADE

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:

PAYMENT

Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]


Course Registration

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Who else has taken this course?


# Job Title Organisation Country
1 Petroleum Industry Analyst National Energy Regulator of South Afroca South Africa
2 INDIVIDUAL Tanzania, United Republic of
3
4
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