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st: sample selection in multinomial logit
Dear all
I would like to estimate the effect of firm size (and some other variables)
on the outcome of a credit application (accepted, refused, withdrawn by the
firm, still under examination), using a multinomial logit model.
I can observe the outcome for all firms (the data are exhaustive for a
certain population), but I have only the firm data (i.e the explanatory
variables) for limited liability companies, which, I guess, excludes a lot
of small firms.
Could someone advise me which statistical method would be appropriated in
this case and how to handle it with stata?
Thanks a lot,
Andre
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