STATA - Instrumental Variables
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STATA: Data Analysis Software
www.STATA.org.uk
Step-by Step Screenshot Guides to help you use STATA
Not affiliated with Stata Corp.
STATAInstrumental Variables
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Datasets Used in Tutorial
– Datasets in these tutorials are based on examples in:
Stock and Watson (2006) “Introduction to Econometrics”
– You can obtain all of the datasets used in these tutorials by downloading a STATA command file from http://www.stata.org.uk/download-examples.html
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Outline
– Statistical Analysis
• Instrumental Variables
– Open Dataset
– First Stage Regression
– Second Stage Regression
– IV Regression
– Challenge
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Outline
– Statistical Analysis
• Instrumental Variables
– Open Dataset
– First Stage Regression
– Second Stage Regression
– IV Regression
– Challenge
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Outline
– Statistical Analysis
• Instrumental Variables
– Open Dataset
– First Stage Regression
– Second Stage Regression
– IV Regression
– Challenge
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Outline
– Statistical Analysis
• Instrumental Variables
– Open Dataset
– First Stage Regression
– Second Stage Regression
– IV Regression
– Challenge
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Outline
– Statistical Analysis
• Instrumental Variables
– Open Dataset
– First Stage Regression
– Second Stage Regression
– IV Regression
– Challenge
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Instrumental Variables: Challenge
Challenge– Estimate an IV model using sales tax as instrument
Method– Use current data
– Re-estimate the IV using dlnsalestax
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www.STATA.org.uk
– If you visit www.STATA.org.uk you can download tutorials on these other topics:
Data Management Statistical Analysis
Importing Data Summary Statistics
Graphs Linear Regressions
Presenting Output Panel Regressions
Merge or Drop Data Time Series Analysis
Instrumental Variables
Probit Analysis