Dear forum,
I am new to this forum and want to ask for your opinion on a time-series regression (2006-2018) I want to perform using Stata. My regression should have a binary dependent variable outcome (either 0 or 1) and be regressed on endogenous and exogenous factors. The dependent variables are companies in the technology sector that are publicly traded. They either have a 0 when they are listed or get assigned a 1 when they get bought out. I want to regress the binary output on firm-level data such firm profitability, rank of company in sector and other firm-level data and on macro-economic data such as GDP growth, dry powder in the market etc. My data table will be in this approx. format.
Can you give me advice on what I have to consider to build a regression that is giving me results on which characteristics are deterministic so that the company gets bought out and when (during recession(decreasing GDP)/expansion (high GDP growth)). Would this be a probit regression or a survival analysis and where is the difference in approach when having data that is varying in time (time-series data vs panel data). Does the interpretation of the factors change? Can I find material on the commands that such a regression would require. So that I know what I am searching for.
I hope it is clear what I want to achieve and appreciate your help. Many thanks in advance.
Best,
Anna
I am new to this forum and want to ask for your opinion on a time-series regression (2006-2018) I want to perform using Stata. My regression should have a binary dependent variable outcome (either 0 or 1) and be regressed on endogenous and exogenous factors. The dependent variables are companies in the technology sector that are publicly traded. They either have a 0 when they are listed or get assigned a 1 when they get bought out. I want to regress the binary output on firm-level data such firm profitability, rank of company in sector and other firm-level data and on macro-economic data such as GDP growth, dry powder in the market etc. My data table will be in this approx. format.
| Year | Company Code | Profitability | Rank | GDP growth | Dry powder | Binary output | Leverage |
| 2008 | GICX | 0.5 | 150 | 1% | 5bn | 0 | 45% |
| 2009 | GICX | 0.4 | 120 | 2% | 10bn | 0 | 40% |
| 2008 | PRO | 0.5 | 160 | 1.8% | 15bn | 0 | 38% |
| 2009 | PRO | 0.7 | 170 | 2.3% | 20bn | 1 | 35% |
I hope it is clear what I want to achieve and appreciate your help. Many thanks in advance.
Best,
Anna
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