Re: st: RE: Generating dummies

["Michael S. Hanson" <mshanson@mac.com>]

	I'd bet on a less-than-completely careful application of FIPS 
codes...!  ;)

                                        -- Mike

On Jun 21, 2005, at 3:25 PM, Nick Cox wrote:


> It is interesting to learn, from a surprising source,
> that the United States has recently added six more
> states. Do their people have votes? Do they know about their
> new status? Or this just a short-hand for Puerto Rico,
> etc., etc.?
>
> Nick
> n.j.cox@durham.ac.uk
>
> ALICE DOBSON
>
> > Thanks a lot. The idea is to create 55 dummies [for 56 states] so 
> > that I can code 1 for a firm located in any state (say) Michigan for 
> > all years. This is to control for performance differences across 
> > firms attributed to their differences in locations.
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