To estimate using Diff-in-Diff, I have constructed,
Code:
reg p_csmoker time treatment pp Sex age_gr socialc hqual dnnow incomelv cigtax i.year
I have seen previous posts about collinearity and concluded that you have to drop variables to overcome this collinearity issue, but I cannot drop treatment and pp as it's my main independent variable.
Here is the definition of each variable;
p_csmoker (independent variable): a yearly measure of the proportion of smokers.
time (dummy variable): 1 if 2017(after the plain package introduced) and 0 otherwise.
treatment (dummy variable): 1 if UK resident and 0 if Spanish
pp (interaction variable): time*treatment which is essentially what I am looking for.
Sex,dnnow and i.year (control dummy): Sex, whether participants drink nowadays and a dummy for each year.
age_gr, socialc,hqual and incomelv (categorical control variables): age group, social class, highest educational qualifications and income level
cigtax (continuos control variable): cigarette tax (yearly measure)
I am sorry for being bit wordy here but as I cannot post my dataset, this is best I can do...
If there is any additional info that may require to solve, please let me know!
Thank you in advance!
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