Panel Data Model Methods And The Study Of Regional Economic Index

The time series analysis method is one of the most important method in the ecnomic research. Based on the traditional time series models, this paper introduces Panel Data model method to solove the regional economy problems. The emphasis of this paper is the study of economic index of eastern ,western and middle part of China. Also, we use the Panel data Model in the study of the economic index of Jiangsu province.There are five parts of this paper.In the first part, we introduce the three different types of data . Also, we give a brief introduction of the development of time series analysis method and panel model method.Second, the theory and application of time series analysis method and panel model method are introduced.In the third part, the least squares estimation method is applied in the linear models.Fourth, we give an introduction of the pattern in China regional economic develepoment. The application of panel model to the study of Regional economic is also mentioned in this part.In the last part, we give a paticipation of panel model application.Through the study , we can find that the panel model method can solve the special problems of longitude data, which is a good expansion of the time series analysis methods.