Bookmark and Share

Notice: On April 23, 2014, Statalist moved from an email list to a forum, based at statalist.org.


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

st: Modeling simultaneity


From   "Pavlos C. Symeou" <[email protected]>
To   [email protected]
Subject   st: Modeling simultaneity
Date   Mon, 04 Feb 2013 16:03:34 +0200

Dear Statalisters,

I was wondering whether any of you can help me with this.

I have three variables: Absorptive capacity, Diversification, and Performance. I am arguing that the first two are simultaneously determined and they influence the third one.

Explicitly, I am arguing that the ability of the firm to understand new knowledge (what is called Absorptive Capacity AC) influences the direction of the firm's market diversification (DIV). However, once the firm has diversified, it in turn influences the firm's ability to understand new knowledge (AC). I want to empirically account for this simultaneity when I try to examine the effect of AC and DIV on the performance of the firm.

I can use instrumental variables to model the simultaneity, but I don't know how to examine the final effects of AC and DIV on firm performance while controlling for simultaneity.

I look forward to receiving your comments.

Best,

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


© Copyright 1996–2018 StataCorp LLC   |   Terms of use   |   Privacy   |   Contact us   |   Site index