Exploring a Scientific Research Methodology in Social Sciences: Steps for Analyzing Non-Stationary Heterogeneous Panel Data

Volkan SEZGİN

Makale detayları

Exploring a Scientific Research Methodology in Social Sciences: Steps for Analyzing Non-Stationary Heterogeneous Panel Data

Yazarlar:

Volkan SEZGİN

Yayıncı:

Ankara Yildirim Beyazit University

Ana Başlıklar:

Sosyal Bilimler

Dergi:

AYBU Business Journal 2022 Vol.2 Issue 1, pp.10-22

Belge Tipi:

Makale

Yayın Tarihi:

6/2022

Belge Dili:

İngilizce

Document ID (Org No.):

2000770307

Sıklık:

İki Yıllık

eISSN:

2792-0119

Özet:

 

Accurate and rigorous applications of the econometric analysis is crucial when writing a high-quality analytical research paper in social sciences. This article provides the basic framework on how to construct econometric analysis for heterogenous non-stationary dynamic panel datasets. Panel data econometrics is a very broad field, naturally it will not be possible to include all methods in this study. Thus, we present details of the specific selected highly used standard panel data tests and estimations (Im-Pesaran-Shin unit root testing, Pedroni’s cointegration test, panel data ordinary least squares) in this paper and explain why and under which conditions these methods are applied. We employ theoretical formulations of mentioned tests and estimations along with Engle and Granger’s error correction mechanism in order to determine the order of integration and long-run relationship between the panel variables. In summary, we aim to explain basic steps for a straightforward empirical panel data research process for new researchers in social sciences.

Makale detayları

Exploring a Scientific Research Methodology in Social Sciences: Steps for Analyzing Non-Stationary Heterogeneous Panel Data

Yazarlar: Volkan SEZGİN

Yayıncı: Ankara Yildirim Beyazit University

Ana Başlıklar: Sosyal Bilimler

Dergi: AYBU Business Journal 2022 Vol.2 Issue 1, pp.10-22

Belge Tipi: Makale

Yayın Tarihi: 6/2022

Belge Dili: İngilizce

Document ID (Org No.): 2000770307

Sıklık: İki Yıllık

eISSN: 2792-0119

Sayı

Yazarlar:

Volkan SEZGİN

Yayıncı:

Ankara Yildirim Beyazit University

Ana Başlıklar:

Sosyal Bilimler

Dergi:

AYBU Business Journal 2022 Vol.2 Issue 1, pp.10-22

Belge Tipi:

Makale

Yayın Tarihi:

6/2022

Belge Dili:

İngilizce

Document ID (Org No.):

2000770307

Sıklık:

İki Yıllık

eISSN:

2792-0119