I have found this error message. I have applied CUP-FMOLS test with one dependent variable and 3 independent variables for panel data. Moreover, the dataset started from 1970-2015 and 5 cross-sections. Please suggest me solution
1 Answer
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This problem is most likely occurring because you are using GAUSS Light. GAUSS Light has a limitation that it cannot create a matrix larger than 10,000 elements. You will either need to analyze less data or get the full version of GAUSS. The Student Licensing Center shows the license options for students.