For a hypothetical case in class the following question is asked:
We have the following model: Y = β1+ β2*Area + β3Labor + β4*Fertilizer + u
Each labor day increases production with 0.01 ton, so β3=0.01, show how to estimate β2 and β4.
(Do not use Stata's possibility to do linear regression with linear restrictions)
The following variables are used in Stata:
prod (for Y)
area (for Area)
L (for labor)
F (for fertilize)
How can we fix a coefficient to 0.01, or are there other ways to solve this?
Thanks in advance!
With kind regards,
Pete
Related Posts with Setting manual coefficients
Error of "asdoc": option text() requiredHi All, I'm using asdoc to output stat results, it worked well with: Code: bys country: asdoc tabs…
Catplot - manual sortHello, I am struggling to sort my catplot for my variable CCR_adjusted. I know that with catplot I …
Creating time dependent scoresHello Statlist-Forum, I am in need for the technical commands for two datasets. The first problem:…
How to get the first-difference estimator for panel dataGood evening, I am trying to estimate a dynamic panel data model, with n=6 and t=25. Hausman test d…
How to display the 3 most reoccurring observations in a string variable (presented as median)Hi. I have a very long data set where I have a number of observations for each id. In each observati…
Subscribe to:
Post Comments (Atom)
0 Response to Setting manual coefficients
Post a Comment