I ran a random regression model with my dependent, independent and control variables including dummy variables and when I control for country of origin by putting x1 == 1 at the end (to look at country 1) the wall chi2 values are missing.
Here is my equation: xtreg ESG Womenonboard boardsize ROA firmsize new_ind1 new_ind2 new_ind3 new_ind4 new_ind5 new_ind6 new_ind7 new_ind8 new_ind9 new_ind10 new_ind11 if x1 == 1, re
Why is my chi2 missing? .
Also did I do the industry dummies correct?
Here is the exact table?:
Random-effects GLS regression Number of obs = 240
Group variable: company Number of groups = 40
R-squared: Obs per group:
Within = 0.4559 min = 6
Between = 0.7123 avg = 6.0
Overall = 0.6599 max = 6
Wald chi2(13) = .
corr(u_i, X) = 0 (assumed) Prob > chi2 = .
------------------------------------------------------------------------------
ESG | Coefficient Std. err. z P>|z| [95% conf. interval]
-------------+----------------------------------------------------------------
Womenonboard | .5397011 .0944565 5.71 0.000 .3545699 .7248324
boardsize | 1.960468 .2623164 7.47 0.000 1.446337 2.474599
ROA | -.1944252 .1961685 -0.99 0.322 -.5789084 .190058
firmsize | .0487784 .0816761 0.60 0.550 -.1113038 .2088605
new_ind1 | 19.93238 15.90699 1.25 0.210 -11.24476 51.10951
new_ind2 | 11.27768 13.06253 0.86 0.388 -14.32441 36.87976
new_ind3 | -9.602174 13.30442 -0.72 0.470 -35.67837 16.47402
new_ind4 | 0 (omitted)
new_ind5 | 3.692882 13.72184 0.27 0.788 -23.20143 30.58719
new_ind6 | 2.433309 12.56683 0.19 0.846 -22.19722 27.06383
new_ind7 | 6.450989 12.22482 0.53 0.598 -17.50923 30.4112
new_ind8 | -10.88758 19.49895 -0.56 0.577 -49.10481 27.32965
new_ind9 | 10.87335 13.81143 0.79 0.431 -16.19655 37.94324
new_ind10 | -16.15254 15.92569 -1.01 0.310 -47.36632 15.06124
new_ind11 | 0 (omitted)
_cons | 27.38376 11.91415 2.30 0.022 4.032463 50.73506
-------------+----------------------------------------------------------------
sigma_u | 15.321535
sigma_e | 10.039977
rho | .6995948 (fraction of variance due to u_i)
------------------------------------------------------------------------------
Here is my equation: xtreg ESG Womenonboard boardsize ROA firmsize new_ind1 new_ind2 new_ind3 new_ind4 new_ind5 new_ind6 new_ind7 new_ind8 new_ind9 new_ind10 new_ind11 if x1 == 1, re
Why is my chi2 missing? .
Also did I do the industry dummies correct?
Here is the exact table?:
Random-effects GLS regression Number of obs = 240
Group variable: company Number of groups = 40
R-squared: Obs per group:
Within = 0.4559 min = 6
Between = 0.7123 avg = 6.0
Overall = 0.6599 max = 6
Wald chi2(13) = .
corr(u_i, X) = 0 (assumed) Prob > chi2 = .
------------------------------------------------------------------------------
ESG | Coefficient Std. err. z P>|z| [95% conf. interval]
-------------+----------------------------------------------------------------
Womenonboard | .5397011 .0944565 5.71 0.000 .3545699 .7248324
boardsize | 1.960468 .2623164 7.47 0.000 1.446337 2.474599
ROA | -.1944252 .1961685 -0.99 0.322 -.5789084 .190058
firmsize | .0487784 .0816761 0.60 0.550 -.1113038 .2088605
new_ind1 | 19.93238 15.90699 1.25 0.210 -11.24476 51.10951
new_ind2 | 11.27768 13.06253 0.86 0.388 -14.32441 36.87976
new_ind3 | -9.602174 13.30442 -0.72 0.470 -35.67837 16.47402
new_ind4 | 0 (omitted)
new_ind5 | 3.692882 13.72184 0.27 0.788 -23.20143 30.58719
new_ind6 | 2.433309 12.56683 0.19 0.846 -22.19722 27.06383
new_ind7 | 6.450989 12.22482 0.53 0.598 -17.50923 30.4112
new_ind8 | -10.88758 19.49895 -0.56 0.577 -49.10481 27.32965
new_ind9 | 10.87335 13.81143 0.79 0.431 -16.19655 37.94324
new_ind10 | -16.15254 15.92569 -1.01 0.310 -47.36632 15.06124
new_ind11 | 0 (omitted)
_cons | 27.38376 11.91415 2.30 0.022 4.032463 50.73506
-------------+----------------------------------------------------------------
sigma_u | 15.321535
sigma_e | 10.039977
rho | .6995948 (fraction of variance due to u_i)
------------------------------------------------------------------------------
