Code:
probit checking_account lending_interest i.size c.firm_age i.Legal_Status i.sector i.gender i.ownership c.log_RGDP c.Institution c.Muslim i.Legalor* i.Year, vce(cluster country)
Code:
(1) (2) (3) (4) (5) (6) (7) (8)
VARIABLES Model 1 Model 2 Model 3 Model 4 Model 5 Model 6 Model 7 Model 8
lending_interest 0.0153*** 0.0146*** 0.0137** 0.00685 0.00609 0.00590 0.00546 0.00608
(0.00539) (0.00554) (0.00609) (0.00604) (0.00535) (0.00532) (0.00515) (0.00503)
Bureaucratic_comp 0.00277*** 0.00277*** 0.00331*** 0.00238*** 0.00199** 0.00143* 0.00106
(0.000696) (0.000797) (0.000915) (0.000884) (0.000861) (0.000827) (0.000854)
Regulation 0.00181* 0.00177* 0.00138 0.000987 0.000943 0.00111
(0.000944) (0.00105) (0.000981) (0.000957) (0.000952) (0.000981)
COR 0.00897*** 0.00578** 0.00452* 0.00291 0.00253
(0.00257) (0.00241) (0.00234) (0.00222) (0.00218)
1.Tax_rates_Constraint 0.605*** 0.426*** 0.377*** 0.346***
(0.0340) (0.0320) (0.0328) (0.0325)
1.Tax_admin_Constraint 0.326*** 0.213*** 0.179***
(0.0277) (0.0345) (0.0358)
1.Permit_Constraint 0.444*** 0.414***
(0.0396) (0.0388)
1.Instability_Constraint 0.255***
(0.0379)
2.size -0.0991*** -0.102*** -0.0994*** -0.115*** -0.124*** -0.130*** -0.141*** -0.145***
(0.0198) (0.0197) (0.0206) (0.0232) (0.0242) (0.0250) (0.0250) (0.0254)
3.size -0.250*** -0.257*** -0.272*** -0.342*** -0.335*** -0.340*** -0.355*** -0.361***
(0.0275) (0.0274) (0.0349) (0.0377) (0.0433) (0.0433) (0.0421) (0.0438)
firm_age -0.00135* -0.00142** -0.000734 -0.000731 -0.00145* -0.00170** -0.00159** -0.00199***
(0.000702) (0.000709) (0.000650) (0.000778) (0.000766) (0.000737) (0.000743) (0.000740)
2.Legal_Status 0.0118 0.0282 0.00145 0.0240 -0.00788 -0.0145 -0.00619 -0.0160
(0.0590) (0.0602) (0.0418) (0.0492) (0.0445) (0.0451) (0.0447) (0.0432)
3.Legal_Status 0.0439 0.0575 0.0484 0.0762 0.0923** 0.0979** 0.107** 0.114**
(0.0650) (0.0653) (0.0483) (0.0537) (0.0447) (0.0453) (0.0448) (0.0445)
4.Legal_Status 0.118 0.128* 0.116* 0.120* 0.122** 0.126** 0.119** 0.121**
(0.0753) (0.0773) (0.0613) (0.0657) (0.0599) (0.0594) (0.0579) (0.0582)
5.Legal_Status -0.0165 0.00579 -0.0310 0.0129 0.0276 0.0300 0.0450 0.0629
(0.0755) (0.0759) (0.0659) (0.0661) (0.0596) (0.0616) (0.0612) (0.0616)
6.Legal_Status 0.0263 0.0181 -0.0733 -0.0850 -0.0658 -0.0466 -0.0611 -0.0616
(0.0842) (0.0857) (0.0639) (0.0877) (0.0788) (0.0745) (0.0800) (0.0790)
1.sector 0.0720*** 0.0731*** 0.0824*** 0.0753*** 0.0755*** 0.0753*** 0.0758*** 0.0774***
(0.0245) (0.0240) (0.0269) (0.0269) (0.0258) (0.0252) (0.0257) (0.0257)
1.gender -0.00557 -0.00889 0.0138 0.0113 0.0194 0.0233 0.0285 0.0271
(0.0252) (0.0253) (0.0228) (0.0221) (0.0212) (0.0199) (0.0205) (0.0209)
1.ownership -0.209*** -0.204*** -0.213*** -0.188*** -0.166*** -0.171*** -0.173*** -0.165***
(0.0319) (0.0317) (0.0318) (0.0349) (0.0348) (0.0352) (0.0356) (0.0364)
2.ownership -0.189** -0.198** -0.124 -0.0997 -0.0582 -0.0131 0.00148 0.0239
(0.0759) (0.0856) (0.0810) (0.100) (0.0947) (0.0856) (0.0898) (0.0924)
log_RGDP -0.0403 -0.0507 -0.0470 -0.0778* -0.0789** -0.0730** -0.0847** -0.101***
(0.0466) (0.0456) (0.0422) (0.0434) (0.0362) (0.0358) (0.0348) (0.0352)
Institutions 0.00177 0.00177 0.00168 0.00116 0.00109 0.00148 0.00232 0.00451**
(0.00235) (0.00224) (0.00205) (0.00197) (0.00168) (0.00168) (0.00166) (0.00176)
Muslim 0.00227* 0.00230** 0.00196** 0.00247*** 0.00265*** 0.00265*** 0.00265*** 0.00244***
(0.00116) (0.00111) (0.000919) (0.000952) (0.000865) (0.000854) (0.000839) (0.000898)
1.Legalor_uk -0.0479 -0.0552 -0.0249 -0.0213 -0.0118 -0.0328 -0.0574 -0.0574
(0.117) (0.114) (0.103) (0.107) (0.0929) (0.0946) (0.0909) (0.0957)
1.Legalor_fr 0.0245 0.0165 0.0328 0.0295 0.0496 0.0175 -0.00193 -0.0242
(0.114) (0.113) (0.111) (0.113) (0.0949) (0.0978) (0.0932) (0.0953)
1.Legalor_ger -0.0947 -0.0996 -0.0821 -0.190 -0.126 -0.172* -0.172* -0.201**
(0.132) (0.131) (0.116) (0.141) (0.101) (0.104) (0.101) (0.0995)
0o.Legalor_Nor - - - - - - - -
1o.Legalor_so - - - - - - - -
2007.Year -0.160 -0.158 -0.165 -0.163 -0.153* -0.159* -0.165** -0.138
(0.126) (0.125) (0.117) (0.114) (0.0829) (0.0846) (0.0826) (0.0942)
2008.Year 0.0475 0.0180 0.0373 0.0152 -0.0435 -0.0581 -0.0667 -0.0780
(0.167) (0.161) (0.158) (0.176) (0.167) (0.150) (0.141) (0.144)
2009.Year -0.135 -0.134 -0.162 -0.377*** -0.288** -0.295** -0.287** -0.271**
(0.129) (0.128) (0.140) (0.142) (0.134) (0.133) (0.129) (0.126)
2010.Year 0.132* 0.143* 0.146** 0.192** 0.167** 0.133* 0.119* 0.118
(0.0724) (0.0740) (0.0713) (0.0769) (0.0718) (0.0721) (0.0708) (0.0750)
2011.Year 0.130 0.104 -0.00641 0.0675 0.0296 -0.00857 -0.0122 0.0317
(0.0878) (0.0892) (0.0930) (0.0979) (0.0786) (0.0823) (0.0751) (0.0823)
2012.Year -0.236 -0.229 -0.251 -0.278 -0.277* -0.242 -0.189 -0.0994
(0.215) (0.213) (0.203) (0.208) (0.151) (0.157) (0.153) (0.149)
2013.Year -0.148 -0.151 -0.188* -0.187* -0.164 -0.168* -0.144 -0.154
(0.106) (0.102) (0.106) (0.107) (0.100) (0.101) (0.0986) (0.106)
2014.Year -0.288** -0.277** -0.295*** -0.349*** -0.333*** -0.352*** -0.338*** -0.318***
(0.133) (0.126) (0.107) (0.110) (0.103) (0.104) (0.104) (0.106)
2015.Year -0.441*** -0.458*** -0.553*** -0.592*** -0.488*** -0.486*** -0.494*** -0.451***
(0.116) (0.0985) (0.101) (0.105) (0.0924) (0.0923) (0.0894) (0.100)
2016.Year 0.105 0.0939 0.358* 0.237 0.212 0.198 0.241 0.241
(0.321) (0.333) (0.188) (0.200) (0.193) (0.182) (0.176) (0.178)
Constant 0.105 0.157 0.175 0.482 0.151 0.0983 0.116 0.0976
(0.415) (0.415) (0.404) (0.411) (0.350) (0.344) (0.329) (0.327)
Observations 88,751 82,964 47,675 32,230 32,097 31,848 31,346 31,054
Robust standard errors in parentheses
*** p<0.01, ** p<0.05, * p<0.1
Hello Everyone,

I am new to Stata, I have a problem of omitted variables (Legal origin Nordic and Legal origin Socialist) because of colinearity, How i can solve this problem?

By the way, my research question, I study the impact of formal financial institutions on the access to finance

Thanks