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rili10ab
‎03-18-2016
  • 4 Posts
  • 1 Likes Given
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Re: Parameter estimate for dummy variable

by Calcite | Level 5 in Statistical Procedures
‎03-13-2016 06:02 PM
‎03-13-2016 06:02 PM
How do I find the influence from the excluded variable?    I would like to interpret how each sector influence on Tobin and not to the difference between the sector and the reference level.  Is it the effect coding method I should use? And is that possible with random effect model? Or should I just run regression without the intercept and interpret the results?   ... View more

Re: Parameter estimate for dummy variable

by Calcite | Level 5 in Statistical Procedures
‎03-13-2016 09:12 AM
‎03-13-2016 09:12 AM
I would like the results to be like this, so it is possible to interpret the results on how sectors influence.   ... View more

Re: Parameter estimate for dummy variable

by Calcite | Level 5 in Statistical Procedures
‎03-13-2016 08:38 AM
‎03-13-2016 08:38 AM
Thank you for your answer. So the industrials-dummy is the base level.is it somehow possible to get a table where all estimates of the dummy variables are shown, and not the level compared to the base dummy variable industrials? ... View more

Parameter estimate for dummy variable

by Calcite | Level 5 in Statistical Procedures
‎03-12-2016 06:25 PM
‎03-12-2016 06:25 PM
Hi,   The DATA is attached.   I am trying to find the effect from Industry (dummy) on the Tobin variable with a random effect model, but when I do the regression with all 6 industry-dummies the dummy for the industry 'Industrials' gets a 0 parameter estimate. When I exclude one industry-dummy (not Industrials) the dummy for Industrials gets a parameter estimate.   Could anyone tell me why this happen? 🙂           ... View more
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