Pavlos C. Symeou <[email protected]> wrote:
> I have panel data for 100 firms for five years and I want to examine the
> effects of various variables on "reputation". My variable "reputation"
> takes continuous values in the range of 0-10. Namely, it can take
> values of 1,2,3 but also of 2.5, 9.6, etc. The values that the variable
> "reputation" takes in my sample range between 2.6 - 8.3. Can you please
> advise if I can still use panel OLS estimation for panel data or should
> I use a different model? In essence, my main concern is the limitations
> of the bounded range of my variable.
I find both Nick Cox's and Jay Verkuilen's comments very reasonable.
But Pavlos does not mention how the variable "reputation" is created.
How would reputation get a value of, say, "9.6"? Where does the
boundary 0-10 come from, e.g., from the sample's population or from a
questionnaire? Is reputation a scored variable or does it represent
original data?
Anders Alexandersson
[email protected]
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