Using R's package plm, we analyze cross-sections and time series panel data such as company performance.
These commands are as follows:
result<-plm (sales to market size + flow ratio + R&D ratio, data=sample, model="within")
summary(result)
If there is one explanatory variable, it works, but if there are two explanatory variables, it may or may not work.
If it does not work, the following error occurs:
"System is numerically unique: reciprocal of the number of conditions = 5.4087e-18"
When I looked it up, there was a comment saying that there might be more explanatory variables than the number of samples, but
Number of companies (n) = 62 and number of samples = 434, so there seems to be no problem.
Could you please let me know if anyone knows how to deal with such cases?
Thank you for your cooperation.
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