Dear all,
I have two independent variables which are correlated. I want to explain which of these variables explains more variation in y, where I am estimating y by means of fracreg. In addition, OLS does not seem to be a reasonable approximation of the fracreg.
I'm not looking for a perfect solution, just the best I can do.
To make it slightly more complicated, one of my independent variables is ordinal.
Any comments, commands or references would be greatly appreciated!
I have two independent variables which are correlated. I want to explain which of these variables explains more variation in y, where I am estimating y by means of fracreg. In addition, OLS does not seem to be a reasonable approximation of the fracreg.
I'm not looking for a perfect solution, just the best I can do.
To make it slightly more complicated, one of my independent variables is ordinal.
Any comments, commands or references would be greatly appreciated!
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