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Aug 21, 2012 at 12:35 comment added Andy W (+1) Sociologist's often interpret the groups means as contextual effects (although this is more often for nested cross-sectional data than it is for time series panel data). I will need to read up, of related note Manski (1993) (PDF here) has an article that shows how such contextual effects are frequently not identified. For "reasons this is not done" I suspect it is as much difference between social science practice as anything, it might be a good question to ask.
Aug 21, 2012 at 8:40 history answered EddieMcGoldrick CC BY-SA 3.0