[Date Prev][Date Next][Thread Prev][Thread Next][Date index][Thread index]
Re: st: Fixed-effects models and coefficient for a constant variable
you might have a look at the Hausman-Taylor IV estimator. See e.g. Wooldridge, 2002, Econometric analysis of x-sectional and panel data, pp. 325-328 or Verbeek, 2004, A guide to modern econometrics, pp. 353-355.
In Stata, type help xthtaylor.
> Date: Wed, 11 Oct 2006 08:13:05 +0200
> From: "PETITT Barbara" <firstname.lastname@example.org>
> Subject: st: Fixed-effects models and coefficient for a constant variable
> I have data for 185 firms over three years (therefore 555 observations).
> One of my dependent variables is a dummy variable that is constant over
> the three years. I cannot use a random-effects model, as the Hausman
> test is rejected. But when I use a fixed-effects model, I cannot
> estimate the coefficient for my dummy variable, which is problematic, as
> it is one of the most important variables of my model. Is there any fix
> to this problem? How is it possible to estimate the coefficient for a
> variable that does not vary over time? Thank you.
GMX DSL-Flatrate 0,- Euro* - Überall, wo DSL verfügbar ist!
NEU: Jetzt bis zu 16.000 kBit/s! http://www.gmx.net/de/go/dsl
* For searches and help try: