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SSRN Electronic Journal
Bayesian Estimation for Random Panel Data Model with Application
Ameera Jaber Mohaisen, Saja Yaseen Abdulsamad

Paper Summary

The article discusses using a Bayesian approach to analyze data on gross fixed capital formation and gross domestic product. The researchers looked at a model with fixed and random effects, along with experimental error. They used gretl, R, and matlab software to analyze the data from 2005 to 2015.

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