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RE: st: RE: Generating dummies

From   Ted Anagnoson <[email protected]>
To   [email protected], <[email protected]>
Subject   RE: st: RE: Generating dummies
Date   Tue, 21 Jun 2005 14:24:30 -0700

The more serious answer to this is that statistics by state often include 56 jurisdictions, including Puerto Rico, Guam, the (American, not British) Virgin Islands, the Trust Territories of the Pacific, the District of Columbia (Washington, D.C.), and one more I can't remember off the top of my head.

Perhaps it is Scotland.

Ted Anagnoson

At 08:25 PM 6/21/2005 +0100, Nick Cox wrote:

It is interesting to learn, from a surprising source,
that the United States has recently added six more
states. Do their people have votes? Do they know about their
new status? Or this just a short-hand for Puerto Rico,
etc., etc.?

[email protected]


> Thanks a lot. The idea is to create 55 dummies [for 56
> states] so that I can
> code 1 for a firm located in any state (say) Michigan for all
> years. This is
> to control for performance differences across firms
> attributed to their
> differences in locations.

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