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| From | John Antonakis <John.Antonakis@unil.ch> |
| To | statalist@hsphsun2.harvard.edu |
| Subject | Re: st: Instrumental Variable |
| Date | Fri, 30 Sep 2011 16:47:02 +0200 |
Right.Try reading up on "institutional quality" (and how economists usually instrument that); the opposite of that is, really, "corruption."
Regards, John. __________________________________________ Prof. John Antonakis Faculty of Business and Economics Department of Organizational Behavior University of Lausanne Internef #618 CH-1015 Lausanne-Dorigny Switzerland Tel ++41 (0)21 692-3438 Fax ++41 (0)21 692-3305 http://www.hec.unil.ch/people/jantonakis Associate Editor The Leadership Quarterly __________________________________________ On 30.09.2011 15:00, Eric Uslaner wrote:
On Thu, Sep 29, 2011 at 3:02 AM, donsaane<donsaane@yahoo.fr> wrote:I have an endogeneity problem with one my variables : corruption and I want to control it with an instrumental variable: amount of bribes averages per industry. Is there any stata command to compute the average ? How can I construct my instrumental variable?Sorry, but trying to instrument corruption with bribes paid is like trying to instrument Fahrenheit temperature with Celsius (from someone who has published a university press book on corruption). Find a better instrument. * * 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/