Hi,

I am running a regression where a firm performance measure ( a categorical variable) is regressed on certain predictors using multinomial regression model.

- Q4 is the firm performance variable that has 4 categories. Rest of the variables are explanatory variables.
- The estimated coefficients in Stata are relative risk ratios (RRR).

One of the comments from my reviewer is that the RRR coefficient of import capital intensity is TOO LARGE. I estimated the model again by:
a. Using winsorized values of import capital intensity at 1% and 5% level
b. Using winsorized values of all variables at 1% and 5% level

However, nothing seem to work and the coefficient is still too large. I am looking for suggestions.

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Thanks!