Hi all,

I'm trying to replicate the following paper: https://onlinelibrary.wiley.com/doi/...1.2008.01369.x
However, when reading chapter 5, part B ("Are Firms Adjusting Toward a Moving Target?"), the authors perform a partial adjustment model.
When trying to replicate table 6, we are lost on how to even start with the stata code.

I have successfully replicated the data already.

Can someone give us a kickstart on how to replicate this table?

Much appreciated!