valueprhr (version 0.1.0)

create_mundlak_data: Create Mundlak-Transformed Panel Data

Description

Adds sector-level means and within-deviations for Mundlak/CRE estimation.

Usage

create_mundlak_data(panel_data, x_var = "log_direct")

Value

Panel data with additional columns:

x_mean_sector

Sector-level mean of x_var

x_within

Within-sector deviation (x - sector mean)

Arguments

panel_data

Data frame with panel data.

x_var

Character string. Name of the explanatory variable. Default "log_direct".

Examples

set.seed(123)
panel <- data.frame(
  year = rep(2000:2002, 3),
  sector = rep(c("A", "B", "C"), each = 3),
  log_direct = rnorm(9, mean = 5),
  log_production = rnorm(9, mean = 5)
)
panel_mundlak <- create_mundlak_data(panel)
head(panel_mundlak)