- . estimates use "C:\areg_ols.ster"
- . estimates describe
- Estimation results produced by
- . areg kstock invest mvalue i.year,absorb(company) cluster(company)
- . estimates replay
- ----------------------------------------------------------------------------------------------------------------
- active results
- ----------------------------------------------------------------------------------------------------------------
- Linear regression, absorbing indicators Number of obs = 200
- Absorbed variable: company No. of categories = 10
- F( 9, 9) = .
- Prob > F = .
- R-squared = 0.8836
- Adj R-squared = 0.8630
- Root MSE = 107.7071
- (Std. Err. adjusted for 10 clusters in company)
- ------------------------------------------------------------------------------
- | Robust
- kstock | Coef. Std. Err. t P>|t| [95% Conf. Interval]
- -------------+----------------------------------------------------------------
- invest | 1.662145 .3812311 4.36 0.002 .7997403 2.524549
- mvalue | -.1252036 .0680092 -1.84 0.099 -.2790511 .0286439
- |
- year |
- 1936 | 10.50848 40.46463 0.26 0.801 -81.02887 102.0458
- 1937 | 38.6339 64.82189 0.60 0.566 -108.0034 185.2712
- 1938 | 86.59006 31.42234 2.76 0.022 15.50779 157.6723
- 1939 | 126.9703 44.25754 2.87 0.019 26.85279 227.0878
- 1940 | 82.56764 26.61038 3.10 0.013 22.37078 142.7645
- 1941 | 50.84027 25.98498 1.96 0.082 -7.941842 109.6224
- 1942 | 80.24757 27.46365 2.92 0.017 18.12048 142.3747
- 1943 | 112.4585 25.97984 4.33 0.002 53.68806 171.229
- 1944 | 109.7034 32.25298 3.40 0.008 36.74206 182.6647
- 1945 | 125.6425 30.95981 4.06 0.003 55.60653 195.6784
- 1946 | 86.24808 48.36777 1.78 0.108 -23.16742 195.6636
- 1947 | 149.4777 47.94694 3.12 0.012 41.0142 257.9412
- 1948 | 175.4457 64.13398 2.74 0.023 30.36458 320.5269
- 1949 | 237.8128 71.17942 3.34 0.009 76.7938 398.8319
- 1950 | 245.776 72.184 3.40 0.008 82.48445 409.0676
- 1951 | 216.1541 85.22024 2.54 0.032 23.37251 408.9357
- 1952 | 240.4073 85.09993 2.83 0.020 47.89791 432.9167
- 1953 | 261.8691 76.20054 3.44 0.007 89.49153 434.2467
- 1954 | 340.0513 82.69201 4.11 0.003 152.989 527.1137
- |
- _cons | 29.97353 37.0241 0.81 0.439 -53.78079 113.7279
- ------------------------------------------------------------------------------




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