13 lines
469 B
Text
13 lines
469 B
Text
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ods listing close;
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proc reg data=work.funda edf outest=work.params;
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/* industry-year regression */
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by fyear sic2;
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/* id is necessary for later matching Jackknifed coefficients to firm-year */
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id key;
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/* Jones Model */
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Jones: model tac = inv_at_l drev ppe / noint influence i;
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/* Kothari Model with ROA */
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Kothari: model tac = inv_at_l drevadj ppe roa / noint influence i;
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ods output OutputStatistics=work.outstats InvXPX=work.xpxinv;
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run;
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ods listing;
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