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st: how to estimate the impact of founding conditions in a panel of firms


From   "Libaers, Dirk P." <libaersd@umkc.edu>
To   <statalist@hsphsun2.harvard.edu>
Subject   st: how to estimate the impact of founding conditions in a panel of firms
Date   Wed, 25 Nov 2009 10:11:09 -0600

Hi all,

 
My first post.

This may seem a basic question !

 
I have a panel of firms 47 firms over a 10-year period. I am interested in examining attributes of the founding context of these firms and their short, medium, and long-term impact on various measures of firm performance. In essence I want to test the imprinting hypothesis that posits that elements in the founding contexts will leave long lasting imprints on various firm characteristics. The founding conditions I like to test are:

1.Organizational origin of the firm ( I deal with spinoffs from a university or established firm), this is a dummy variable; 2. Market growth at the time of firm founding; this is a continuous variable 3. International experience of founding team, a dummy variable. My dependent variables are continuous or count.

How can I estimate the parameters of these initial variables that are entered in my panel in the first year ? I use STATA 10.

 

Thanks so much!

 

Regards,

 

Dirk Libaers 

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