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If you run into errors saying no room to add more variables, you may need to set maxvar appropriately. But otherwise for speed upgrades you may need Stata/MP versions that utilise more numbers of processor cores, and/or see if there is a way to improve your code for greater parallelization. See, for instance:
Hemanshu is correct here, if you're already running Stata/MP, there are limited options for increasing computation speed on a non-server machine. Thanks though Hemanshu Kumar for the pointer to parallel!
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