I have given Panel data and want to investigate on the determinants of collateral incidence, binary variable.
input float Collateraldummy byte Numberofemployees long Totalassets float Corporationdummy long Grossprofit double(Profitability Leverage) long Loansize byte Maturity str14 Industry double(GDPGrowth Duration) byte Housebank str6 Loantype float Banks
1 28 1500 1 1600 .0625 .95 475 10 "Other Industry" .015 0 0 "Credit" 7
0 28 1500 1 1600 .0625 .95 475 10 "Other Industry" .015 0 0 "Credit" 1
1 15 500 1 800 .0875 .5 150 10 "Other Industry" .015 5.75 1 "Credit" 8
1 15 500 1 800 .0875 .5 30 1 "Other Industry" .015 5.75 1 "LC" 8
1 15 500 1 800 .0875 .5 20 1 "Other Industry" .015 6 1 "LC" 8
1 10 387 0 815 .0343558282208589 .72 80 1 "Handcraft" .022 10 1 "LC" 8
1 10 415 0 830 .05060240963855422 .77 80 1 "Handcraft" .022 11 1 "LC" 8
1 10 400 0 850 .03529411764705882 .9 120 1 "Handcraft" .015 12 1 "LC" 8
0 10 415 0 830 .05060240963855422 .77 60 6 "Handcraft" .022 1 0 "Credit" 7
1 25 800 1 3500 .03428571428571429 .2 100 1 "Other Industry" .015 4.666666666666667 0 "LC" 3
1 25 800 1 3500 .03428571428571429 .2 620 20 "Other Industry" .015 0 0 "Credit" 6
1 25 800 1 3500 .03428571428571429 .2 230 3 "Other Industry" .015 5 0 "LC" 5
0 8 130 0 300 .23333333333333334 .4 50 10 "Gastronomic" .015 4.75 1 "Credit" 1
0 3 60 0 190 0 0 20 10 "Gastronomic" .005 0 1 "Credit" 1
0 8 130 0 300 .23333333333333334 .4 15 3 "Gastronomic" .022 3 0 "LC" 3
1 12 450 1 800 .08125 .26 50 10 "Handcraft" .015 10.083333333333334 0 "Credit" 8
1 12 462 1 830 .0819277108433735 .32 125 5 "Handcraft" .022 8 0 "Credit" 8
1 12 438 1 755 .07549668874172186 .3 100 5 "Handcraft" .022 0 0 "Credit" 4
1 12 450 1 800 .08125 .26 15 1 "Handcraft" .015 10 0 "LC" 8
1 12 438 1 755 .07549668874172186 .3 15 1 "Handcraft" .022 9 0 "LC" 8
1 12 462 1 830 .0819277108433735 .32 15 1 "Handcraft" .022 8 0 "LC" 8
1 12 438 1 755 .07549668874172186 .3 120 1 "Handcraft" .022 10 0 "LC" 5
1 12 462 1 830 .0819277108433735 .32 120 1 "Handcraft" .022 9 0 "LC" 5
0 12 450 1 800 .08125 .26 10 1 "Handcraft" .015 10.583333333333334 0 "LC" 5
1 10 320 1 1000 .08 .55 70 6 "Gastronomic" .015 7 0 "Credit" 5
1 10 320 1 1000 .08 .55 100 5 "Gastronomic" .015 5.166666666666667 0 "Credit" 4
1 12 277 1 800 .09375 .6 150 4 "Gastronomic" .015 5.083333333333333 1 "Credit" 5
1 25 720 1 1800 .11388888888888889 .45 350 3 "Gastronomic" .022 12 1 "Credit" 5
0 25 695 1 2000 .105 .45 300 6 "Gastronomic" .015 14 1 "Credit" 5
1 3 248 1 500 .11 .44 30 4 "Handcraft" .017 0 0 "Credit" 3
1 3 250 1 600 .08333333333333333 .5 50 5 "Handcraft" .022 1.33 0 "Credit" 4
0 3 248 1 500 .11 .44 8 1 "Handcraft" .017 0 0 "LC" 7
0 3 250 1 600 .08333333333333333 .5 8 1 "Handcraft" .022 1 0 "LC" 7
0 3 250 1 600 .08333333333333333 .5 10 3 "Handcraft" .022 1.083 0 "LC" 9
1 25 462 1 1750 .022857142857142857 .45 100 1 "Handcraft" .022 0 0 "LC" 9
1 29 450 1 1900 .027105263157894736 .5 200 3 "Handcraft" .022 .5833333333333334 0 "LC" 9
1 29 450 1 1900 .027105263157894736 .5 100 1 "Handcraft" .022 1 0 "LC" 9
1 25 462 1 1750 .022857142857142857 .45 250 5 "Handcraft" .022 0 0 "Credit" 4
1 29 440 1 2000 .025 .5 200 5 "Handcraft" .015 1.4166666666666667 0 "Credit" 4
1 9 360 1 415 .18795180722891566 .25 15 1 "Handcraft" .017 5 1 "LC" 7
1 9 350 1 435 .18620689655172415 .25 25 1 "Handcraft" .022 6 1 "LC" 7
1 9 345 1 430 .18604651162790697 .3 15 1 "Handcraft" .022 7 1 "LC" 7
1 14 1000 0 1450 .07931034482758621 .6 350 7 "Gastronomic" .005 15 1 "Credit" 7
0 15 1050 0 1500 .06666666666666667 .7 300 10 "Gastronomic" .015 20 1 "Credit" 7
1 14 1000 0 1450 .07931034482758621 .6 150 1 "Gastronomic" .005 15 1 "LC" 7
1 15 970 0 1400 .06785714285714285 .7 150 1 "Gastronomic" .022 16.5 1 "LC" 7
1 15 960 0 1475 .06779661016949153 .7 150 1 "Gastronomic" .017 17.75 1 "LC" 7
1 3 350 0 400 .125 .5 20 1 "Handcraft" .015 7 1 "LC" 6
1 3 350 0 400 .125 .5 15 5 "Handcraft" .015 7 1 "Credit" 6
0 25 500 1 1100 .18181818181818182 .8 150 10 "Handcraft" .015 15 1 "Credit" 5
0 25 500 1 1100 .18181818181818182 .8 400 15 "Handcraft" .015 15 1 "Credit" 5
0 25 500 1 1100 .18181818181818182 .8 50 1 "Handcraft" .015 15 1 "LC" 5
0 25 620 0 2000 .15 .2 150 10 "Handcraft" .015 20 1 "Credit" 5
0 25 620 0 2000 .15 .2 50 1 "Handcraft" .015 20 1 "LC" 5
0 12 380 1 1500 .06666666666666667 .3 25 5 "Handcraft" .015 15 1 "Credit" 5
1 7 400 0 950 .1368421052631579 .25 300 5 "Handcraft" .017 3 1 "Credit" 7
0 9 425 0 1000 .123 .2 250 7 "Handcraft" .015 6 1 "Credit" 7
1 7 400 0 950 .1368421052631579 .25 50 1 "Handcraft" .017 3 1 "LC" 7
1 8 415 0 975 .14358974358974358 .2 80 1 "Handcraft" .022 4.333333333333333 1 "LC" 7
1 9 410 0 935 .13368983957219252 .2 80 1 "Handcraft" .022 5.333333333333333 1 "LC" 7
1 9 425 0 1000 .123 .2 80 1 "Handcraft" .015 6 1 "LC" 7
1 6 370 0 427 .14285714285714285 .42 80 5 "Handcraft" .022 23 1 "Credit" 5
1 6 370 0 427 .14285714285714285 .42 30 1 "Handcraft" .022 8 0 "LC" 6
1 6 375 0 430 .13953488372093023 .45 45 1 "Handcraft" .022 8.75 0 "LC" 6
0 6 370 0 427 .14285714285714285 .42 80 5 "Handcraft" .022 0 0 "Credit" 2
0 28 3500 1 2875 .05495652173913043 .38 500 10 "Other Industry" .005 14 1 "Credit" 5
0 30 3625 1 3000 .05 .4 400 7 "Other Industry" .022 4 0 "Credit" 3
1 30 3625 1 3000 .05 .4 60 2 "Other Industry" .022 5 0 "LC" 4
1 30 3625 1 3000 .05 .4 50 2 "Other Industry" .022 .16666666666666666 0 "LC" 4
0 15 3100 1 2600 .06538461538461539 .5 150 3 "Other Industry" .018 5 0 "Credit" 3
0 15 3100 1 2600 .06538461538461539 .5 130 4 "Other Industry" .018 4 0 "Credit" 4
0 15 3100 1 2600 .06538461538461539 .5 50 2 "Other Industry" .018 4 0 "LC" 4
1 35 2650 1 2300 .09 .21 300 5 "Other Industry" .022 22 1 "Credit" 7
1 35 2710 1 2425 .09278350515463918 .28 250 7 "Other Industry" .017 23 1 "Credit" 7
0 33 2665 1 2400 .0875 .25 50 9 "Other Industry" .022 25.25 1 "Credit" 7
0 33 2700 1 2350 .08297872340425531 .25 80 10 "Other Industry" .015 26.333333333333332 1 "Credit" 7
1 34 2710 1 2425 .09278350515463918 .28 80 1 "Other Industry" .017 23.166666666666668 1 "LC" 7
1 26 1980 1 1650 .0893939393939394 .26 325 10 "Handcraft" .022 16 1 "Credit" 7
0 26 2050 1 1700 .08941176470588236 .31 150 8 "Handcraft" .022 18.333333333333332 1 "Credit" 7
0 26 1930 1 1750 .08857142857142856 .33 220 5 "Handcraft" .015 19.166666666666668 1 "Credit" 7
0 26 2050 1 1700 .08941176470588236 .31 80 1 "Handcraft" .022 18.166666666666668 1 "LC" 7
end
[/CODE]
I ran the following models:
Code:
xtset Banks
Code:
xtprobit Collateraldummy  Numberofemployees Totalassets Corporationdummy Grossprofit Profitability Leverage Loansize Maturity g1 g3 GDPGrowth Duration Housebank if Loantype=="Crédit"
Code:
xtlogit Collateraldummy  Numberofemployees Totalassets Corporationdummy Grossprofit Profitability Leverage Loansize Maturity g1 g3 GDPGrowth Duration Housebank if Loantype=="Credit", fe
and the latter model does not converge. Can someone assist me why fixed effects model does not converge?