Hi statistics ppl!
I am happy to join the forum.
I am doing my thesis atm and I would like someone to help me interpret my model results. I have performed both pooled OLS and RE. The RE estimates are more significant, although not in accordance with hypothesis., I submit just my baseline OLS here: estimates
So basically these are company owner types, and the individual types are split into different groups in accordance with theory, pressure-resistant etc.. My dependent variable is R&D intensity as a proxy for firm-level innovation. Based on theory I hypothesise:
Compared to pressure-sensitive institutions, pressure-resistant institutions are on average more positively associated with R&D intensity.
Concerns:
First, since I had to use a reference category due to dummy trap, I chose the most frequent, financial, a "sensitive" type. Now what concerned me is that the other sensitives are compared to this one as well. In the light of the results, is my hypothesis logical? I am not sure how else to formulate it. Looking at my hypothesis, is it true that I am reasoning; the pressure resistant types will be either more positive i.e. larger coefficients and statistically significant while the opposite is true for the sensitive types, compared the reference category.
Sorry if this was badly formulated, I really hope someone understands my questions and can give some advice !
I am happy to join the forum.
I am doing my thesis atm and I would like someone to help me interpret my model results. I have performed both pooled OLS and RE. The RE estimates are more significant, although not in accordance with hypothesis., I submit just my baseline OLS here: estimates
So basically these are company owner types, and the individual types are split into different groups in accordance with theory, pressure-resistant etc.. My dependent variable is R&D intensity as a proxy for firm-level innovation. Based on theory I hypothesise:
Compared to pressure-sensitive institutions, pressure-resistant institutions are on average more positively associated with R&D intensity.
Concerns:
First, since I had to use a reference category due to dummy trap, I chose the most frequent, financial, a "sensitive" type. Now what concerned me is that the other sensitives are compared to this one as well. In the light of the results, is my hypothesis logical? I am not sure how else to formulate it. Looking at my hypothesis, is it true that I am reasoning; the pressure resistant types will be either more positive i.e. larger coefficients and statistically significant while the opposite is true for the sensitive types, compared the reference category.
Sorry if this was badly formulated, I really hope someone understands my questions and can give some advice !