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st: correct egen command to calculate means - please help
From
Ophelie Desmarais <[email protected]>
To
[email protected]
Subject
st: correct egen command to calculate means - please help
Date
Wed, 18 May 2011 19:34:33 +0200
Dear Statalist,
I have tried to find an answer for this on the web but to no avail.
Simplified, I have following dataset where the unit of observation is
the industry (IndustryID) with the respective revenue.
IndustryID, ParentIndustryID, Revenue
The ParentIndustryID links to IndustryID and reflects the hierachical
structure of the industries. For each industry, I want to add a
variable reflecting the mean income of the ParentIndustryID. How do I
do this in Stata? In Excel, this would be simply using AVERAGEIFS.
egen MeanRevenueParent=mean(Revenue), by(ParentIndustry) obviously
does not give the right mean. In terms of pseudo code, this should be
something like:
MeanRevenueParent = Mean(Revenue) WHERE ParentIndustry=IndustryID
Could anyone help me out? I don't want to switch around with Excel all the time.
Thanks a lot,
o.
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