Notice: On April 23, 2014, Statalist moved from an email list to a forum, based at statalist.org.
| From | Narasimhan Sowmyanarayanan <narasimhan.sowmyanarayanan@gmail.com> |
| To | statalist@hsphsun2.harvard.edu |
| Subject | Re: st: regarding negative lag coefficient in xtabond regressions |
| Date | Thu, 16 Jun 2011 16:26:58 -0400 |
On Thu, Jun 16, 2011 at 4:12 PM, Markus Eberhardt <markus.eberhardt@economics.ox.ac.uk> wrote: > Narasimhan, > > Bond (2002) Journal of Portuguese Economics or > cemmap working paper CWP09/02 > http://www.ifs.org.uk/publications/2661 > > Add to that Blundell and Bond (2000) Econometric Reviews or > IFS working aper W99/04 > http://www.ifs.org.uk/publications/2722 > > That should do the trick. > > > Markus Eberhardt > ESRC Post-doctoral Research Fellow, Centre for the Study of African > Economies, Department of Economics, University of Oxford > Stipendiary Lecturer, St Catherine's College, Oxford > > web: http://sites.google.com/site/medevecon/home > email: markus.eberhardt@economics.ox.ac.uk > twitter: http://twitter.com/sjoh2052 > mail: Centre for the Study of African Economies, Department of > Economics, Manor Rd, Oxford OX1 3UQ, England > > > > > On 16 June 2011 21:05, Narasimhan Sowmyanarayanan > <narasimhan.sowmyanarayanan@gmail.com> wrote: >> Hello All: >> >> First, I want to acknowledge that this posting may not have anything >> to do with STATA, probably more to do with a concept. I would >> appreciate if someone can throw some light on the nature of >> interpretation if the own lag in using xtabond is significant and >> negative. I am particularly looking at firm profitability as a >> dependent variable and the interpretation does not seem like one where >> there is a growth in profits, rather suggests a decreasing nature of >> profits over time. or it is simply a reflection of no-growth. Any >> insight would be appreciated. I find that the correlation between >> lagged values is positive however. >> >> Thanks >> >> Narasimhan >> * >> * For searches and help try: >> * http://www.stata.com/help.cgi?search >> * http://www.stata.com/support/statalist/faq >> * http://www.ats.ucla.edu/stat/stata/ >> > > * > * For searches and help try: > * http://www.stata.com/help.cgi?search > * http://www.stata.com/support/statalist/faq > * http://www.ats.ucla.edu/stat/stata/ > * * For searches and help try: * http://www.stata.com/help.cgi?search * http://www.stata.com/support/statalist/faq * http://www.ats.ucla.edu/stat/stata/