I have a dependent variable which has a proportion/percentage interpretation (for which fractional regression would be most suitable). As a result, I wanted to use a control function approach to deal with my EEV.
The problem is that my EEV is ordinal, and and oprobit/ologit, does not produce any residuals.
Professor Wooldridge mentions in this post that ivpois has very few assumptions. Is the ivpois command in any way suitable for such a regression?
If not, is there any other strategy I can consider?
I have been trying to go at this from every angle. For a more detailed description please see the link below:
Background: https://stats.stackexchange.com/ques...n-2sri-with-an
The problem is that my EEV is ordinal, and and oprobit/ologit, does not produce any residuals.
Professor Wooldridge mentions in this post that ivpois has very few assumptions. Is the ivpois command in any way suitable for such a regression?
If not, is there any other strategy I can consider?
I have been trying to go at this from every angle. For a more detailed description please see the link below:
Background: https://stats.stackexchange.com/ques...n-2sri-with-an
