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  • Econometric Model

    Hey everyone!

    So, I am researching the effect of subcontracting on economic recovery (using GDP by geographic location as a measure of "recovery"). I do not have panel data and a logit model just seems too simple. Does anyone have any suggestions for an econometric model that I might be able to use?

    Thanks!

  • #2
    Jacob:
    as you can easily figure out yourself, questions like this one are virtually impossible to reply helpfully.
    As per FAQ, please provide enough data/details so to help interested listers to help you out in turn. Thanks.
    Kind regards,
    Carlo
    (StataNow 18.5)

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    • #3
      Dear Carlo,

      I'm sorry for not providing enough information. I am very new to the forum and did not understand.

      I will be using the CPS Contingent Work Supplement from 1995, 1997, 1999, 2001, and 2005. This is not panel data. The variables which I am interested in ask questions such as:
      1) are you a member of a temporary help agency? (0=no, 1=yes).
      2) are you in independent contractor? (0=no, 1=yes)

      I also have quarterly data on GDP, personal income, and unemployment by US state. I have then created variables such as:
      1) Average GDP of each state during the recovery cycle following the 2001 US economic recession
      2)Percentage growth rate of personal income during this same expansionary phase

      My goal is to find a regression model in which I can study the effect of subcontracting on the ability of the US Economy to recovery from economic recessions.

      Does anyone have any thoughts?

      Thanks!

      Jacob

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