I am interested to study on private investment and its determinants using time series data. want to understand the possible way of adopting time series data below 30 years. Is that possible to use? Thank you for your information.
Yes, it is possible to use time series data that spans 30 years or less. The choice of the time span depends on the specific requirements of the analysis or problem at hand.
Using a time series dataset with a 30-year span can provide valuable insights into long-term trends, seasonality, and patterns in the data. It allows for the examination of changes over a substantial period and the identification of historical patterns that may repeat in the future.
However, in some cases, a shorter time series may be sufficient or even preferable. For example, if the data exhibits rapid fluctuations or significant structural changes, a shorter time span may be more appropriate to capture the relevant dynamics accurately.
Ultimately, the choice of the time series length depends on the specific context, the nature of the data, and the objectives of the analysis.
Whether your T is large enough for your analysis depends upon several factors, especially on the model specified and the estimator employed. However, values of T around 30 can be considered sufficiently large in many empirical applications.
Yes, you can. The length of the time series data depends majorly on the research question and the availability of the data.
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