Hi
I am facing a collinearity issue while running random effect model. My dummy variable (family control) is omitted due to collinearity issue. why is it so?. Actually I want o check effect of family control on the performance of a firm (return on assets).
Does omittion makes any difference to our results.
Is there anyone who can help me solve this issue.
Regards
I am facing a collinearity issue while running random effect model. My dummy variable (family control) is omitted due to collinearity issue. why is it so?. Actually I want o check effect of family control on the performance of a firm (return on assets).
Does omittion makes any difference to our results.
Is there anyone who can help me solve this issue.
Regards