Hi statalist
I am trying to calculate degree of concentration in an industry by using the
Herfindahl index. I am using the panel data where I have 10 years of time, 50
states, in every state there are a few companies. I am using the following
command
bysort state: generate HERF= (asset/ sum(asset))^2 if repdte==1997
The resulting output use the running sum in the denominator instead of sum of
asset of all companies for year 1997.
Could any one tell me how can I implement The Herfindahl index in stata in this
situation?
regards
--
Dawood Ashraf
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