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Meta-Analysis of Spatial Panel Data for Socioeconomic Development Project(s) in India
Professor Dr. Ashok Sahai
Professor of Statistics
The University of The West Indies, St. Augustine Campus TRINIDAD,
Email: ashok_sheila@yahoo.com
Prof. Dr. Bhoendradatt Tewarie
PVC/PRINCIPAL; UWI St. Augustine Campus
The Univ. of The West Indies
Professor Dr. Sameer Verma
Associate Professor
SFSU (San Francisco; USA) Dept. of Information Systems,
It is quite common to have access to panel data generated by a set of similar spatial data for analyses in a meta-data setup. Within this context, researchers often employ pooling methods to evaluate the efficacy of metadata analysis. One of the simplest techniques used to combine individual study results is the fixed effects model, which assumes that a true effect is equal for all studies. An alternative, and intuitively more appealing method, is the random effects model. The purpose of this paper is to address the estimation problem of the fixed effects model and to present a simulation study of an efficient estimation of a mean true effect using panel data and a random effects model in order to establish appropriate ‘confidence interval’ estimation for being readily usable in a decision-makers’ setup..
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