lag variables and first difference in Panel data using STATA

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how to create 1st and 2nd lag for variables in panel data and how to create first difference in panel data using STATA
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Hi, what do you mean by saying your panel data is "strongly balanced"? What happens if it's not?

Luciana-vnuc
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Hi, when i created the lags it came with an error saying no observations?

aiyanacookey
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Differentation makes some values negative and it does affect the interpretation.
Is there any solution for that?

daphneashba
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Hi there. This was very useful for me. My data is similar, however I am getting the lag from one company transferring to the first year of the next company. How can I fix this?

matthewitson
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some values are missing in your data then how its become strongly balanced ?

quratulain
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