Dear all,
I am running a production function estimation based on maximum likelihood.
The code is as follows:
xtset id year
set seed 1
prodest logT, free(logl) state(logk) method(lp) acf id(id) t(year) reps(1000) poly(2) fsresiduals(fse) translog
Running the code does not cause any problems. However, we ran the command on three different computers obtaining two different results of the production function coefficients from the third decimal onwards. Hence, the differences are small but notable.
- the dataset is the same
- the stata version is the same
- there is no sort command before estimation
- the computers are all thinkpads, same models
- the command is the exact same (including the set seed and number of iterations)
Does anybody have an idea why the results on two computers are the same but slightly different on the third computer?
Best,
Max
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