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STATA: Data Analysis Software




               STATA
           Instrumental Variables


             www.STATA.org.uk
               Step-by Step Screenshot Guides
                    to help you use STATA

                Not affiliated with Stata Corp.
Datasets Used in Tutorial




   – Datasets in these tutorials are based on examples in:

        Stock and Watson (2006)
            “Introduction to Econometrics”

   – You can obtain all of the datasets used in these tutorials
     by downloading a STATA command file from
     http://www.stata.org.uk/download-examples.html
Outline



   – Statistical Analysis
      • Instrumental Variables
          – Open Dataset
          – First Stage Regression
          – Second Stage Regression
          – IV Regression
          – Challenge
Outline



   – Statistical Analysis
      • Instrumental Variables
          – Open Dataset
          – First Stage Regression
          – Second Stage Regression
          – IV Regression
          – Challenge
Outline



   – Statistical Analysis
      • Instrumental Variables
          – Open Dataset
          – First Stage Regression
          – Second Stage Regression
          – IV Regression
          – Challenge
Outline



   – Statistical Analysis
      • Instrumental Variables
          – Open Dataset
          – First Stage Regression
          – Second Stage Regression
          – IV Regression
          – Challenge
Outline



   – Statistical Analysis
      • Instrumental Variables
          – Open Dataset
          – First Stage Regression
          – Second Stage Regression
          – IV Regression
          – Challenge
Instrumental Variables: Challenge



   Challenge
   – Estimate an IV model using sales tax as instrument

   Method
   – Use current data
   – Re-estimate the IV using dlnsalestax
www.STATA.org.uk




   – If you visit www.STATA.org.uk you can download
     tutorials on these other topics:

       Data Management      Statistical Analysis
       Importing Data       Summary Statistics
       Graphs               Linear Regressions
       Presenting Output    Panel Regressions
       Merge or Drop Data   Time Series Analysis
                            Instrumental Variables
                            Probit Analysis

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STATA - Instrumental Variables

  • 1. STATA: Data Analysis Software STATA Instrumental Variables www.STATA.org.uk Step-by Step Screenshot Guides to help you use STATA Not affiliated with Stata Corp.
  • 2. Datasets Used in Tutorial – Datasets in these tutorials are based on examples in: Stock and Watson (2006) “Introduction to Econometrics” – You can obtain all of the datasets used in these tutorials by downloading a STATA command file from http://www.stata.org.uk/download-examples.html
  • 3. Outline – Statistical Analysis • Instrumental Variables – Open Dataset – First Stage Regression – Second Stage Regression – IV Regression – Challenge
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9. Outline – Statistical Analysis • Instrumental Variables – Open Dataset – First Stage Regression – Second Stage Regression – IV Regression – Challenge
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16. Outline – Statistical Analysis • Instrumental Variables – Open Dataset – First Stage Regression – Second Stage Regression – IV Regression – Challenge
  • 17.
  • 18.
  • 19.
  • 20. Outline – Statistical Analysis • Instrumental Variables – Open Dataset – First Stage Regression – Second Stage Regression – IV Regression – Challenge
  • 21.
  • 22.
  • 23.
  • 24.
  • 25. Outline – Statistical Analysis • Instrumental Variables – Open Dataset – First Stage Regression – Second Stage Regression – IV Regression – Challenge
  • 26. Instrumental Variables: Challenge Challenge – Estimate an IV model using sales tax as instrument Method – Use current data – Re-estimate the IV using dlnsalestax
  • 27.
  • 28.
  • 29.
  • 30. www.STATA.org.uk – If you visit www.STATA.org.uk you can download tutorials on these other topics: Data Management Statistical Analysis Importing Data Summary Statistics Graphs Linear Regressions Presenting Output Panel Regressions Merge or Drop Data Time Series Analysis Instrumental Variables Probit Analysis