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  • rddensity "too many variables specified r(103)" error - How to solve?

    I have a dataset that has all the companies of the SP 500 with their respective ESG scores (nESG_Scores) and and monthly stock returns (MLR). I want to do a Regression Discontinuity test with set thresholds, for which I only need to specify two variables, MLR and nESG_Scores (as the running variable). I have been able to do it with the "rdrobust" command but when I use the "rddensity" command (to use an additional model) I get the "too many variables specified r(103)" error, even though I am only specifing two variables. Anyone why this happens and how to solve it?

    My commands are:

    . rdrobust MLR nESG_Score, c(62) kernel(triangular)
    Mass points detected in the running variable.

    Sharp RD estimates using local polynomial regression.

    Cutoff c = 62 | Left of c Right of c Number of obs = 493
    -------------------+---------------------- BW type = mserd
    Number of obs | 396 97 Kernel = Triangular
    Eff. Number of obs | 37 50 VCE method = NN
    Order est. (p) | 1 1
    Order bias (q) | 2 2
    BW est. (h) | 8.406 8.406
    BW bias (b) | 13.729 13.729
    rho (h/b) | 0.612 0.612
    Unique obs | 54 24

    Outcome: MLR. Running variable: nESG_Score.
    --------------------------------------------------------------------------------
    Method | Coef. Std. Err. z P>|z| [95% Conf. Interval]
    -------------------+------------------------------------------------------------
    Conventional | .00584 .03753 0.1556 0.876 -.067716 .079396
    Robust | - - 0.1642 0.870 -.085712 .101384
    --------------------------------------------------------------------------------
    Estimates adjusted for mass points in the running variable.

    .

    . rddensity MLR nESG_Score, c(62) kernel(triangular)
    too many variables specified
    r(103)
    ;

    .


  • #2
    rddensity from the Stata Journal expects a single variable.

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