Bookmark and Share

Notice: On March 31, it was announced that Statalist is moving from an email list to a forum. The old list will shut down at the end of May, and its replacement, statalist.org is already up and running.


[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: st: regarding negative lag coefficient in xtabond regressions


From   Markus Eberhardt <markus.eberhardt@economics.ox.ac.uk>
To   statalist@hsphsun2.harvard.edu
Subject   Re: st: regarding negative lag coefficient in xtabond regressions
Date   Thu, 16 Jun 2011 21:12:07 +0100

Narasimhan,

Bond (2002) Journal of Portuguese Economics or
cemmap working paper  CWP09/02
http://www.ifs.org.uk/publications/2661

Add to that Blundell and Bond (2000) Econometric Reviews or
IFS working aper W99/04
http://www.ifs.org.uk/publications/2722

That should do the trick.


Markus Eberhardt
ESRC Post-doctoral Research Fellow, Centre for the Study of African
Economies, Department of Economics, University of Oxford
Stipendiary Lecturer, St Catherine's College, Oxford

web: http://sites.google.com/site/medevecon/home
email: markus.eberhardt@economics.ox.ac.uk
twitter: http://twitter.com/sjoh2052
mail: Centre for the Study of African Economies, Department of
Economics, Manor Rd, Oxford OX1 3UQ, England




On 16 June 2011 21:05, Narasimhan Sowmyanarayanan
<narasimhan.sowmyanarayanan@gmail.com> wrote:
> Hello All:
>
> First, I want to acknowledge that this posting may not have anything
> to do with STATA, probably more to do with a concept. I would
> appreciate if someone can throw some light on the nature of
> interpretation if the own lag in using xtabond is significant and
> negative. I am particularly looking at firm profitability as a
> dependent variable and the interpretation does not seem like one where
> there is a growth in profits, rather suggests a decreasing nature of
> profits over time. or it is simply a reflection of no-growth. Any
> insight would be appreciated. I find that the correlation between
> lagged values is positive however.
>
> Thanks
>
> Narasimhan
> *
> *   For searches and help try:
> *   http://www.stata.com/help.cgi?search
> *   http://www.stata.com/support/statalist/faq
> *   http://www.ats.ucla.edu/stat/stata/
>

*
*   For searches and help try:
*   http://www.stata.com/help.cgi?search
*   http://www.stata.com/support/statalist/faq
*   http://www.ats.ucla.edu/stat/stata/


© Copyright 1996–2014 StataCorp LP   |   Terms of use   |   Privacy   |   Contact us   |   Site index