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In conclusion, using the Frisch-Waugh-Lovell Theorem, the Within regression yields the same estimates as LSDV and also the same residuals. Most software packages including Stata compute the fixed effects estimates using the within regression.

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The One-Way Error Component Model

  • 章节

  • 发表日期：

    2026年

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  • Badi H. Baltagi

摘要

In conclusion, using the Frisch-Waugh-Lovell Theorem, the Within regression yields the same estimates as LSDV and also the same residuals. Most software packages including Stata compute the fixed effects estimates using the within regression.