Hello all Statalists,
I'm new to Stata and I'm learning to use it to do my thesis. Gradually, I find it's actually interesting and helpful to use Stata for regression. However, because I'm jusst a starter so I'm always confused with new type of code. Currently, I'm trying my best to regress GMM model using xtabond2 but each time I run my code it always has errors as follow:
xtabond2 cash l.cash mb size cf nwc capex lev vol rd div i.year i.sector, gmm(l.cash,lag(3 5)) iv (i.year i.sector, eq(level))
Then I receive this result:
unknown egen function max()
stata(): 3598 Stata returned error
xtabond2_mata(): - function returned error
<istmt>: - function returned error
I am a new Stata user, so please forgive me if I have made any foolish mistakes and feel free to let me know. This is very important and urgent issue that I have to find solution myself. Please help me complete my thesis.
Thank you in advance! I do really hope to hearing from you soon!
I also attach my data for regression. You guys can take a look and check it. Thanks so much!
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