%estimate bresnahan/reiss model for transmission shops global pin pinplus1 trans M load Mazzeo.csv; data=Mazzeo; M=size(data,1); for k=2:5 d(:,k-1)=(data(:,6)>=k); s(:,k-1)=(data(:,6)+1>=k); end pin=[log(data(:,2)),ones(M,1),d]; pinplus1=[log(data(:,2)),ones(M,1),s]; trans=data(:,6); hist(trans,[0:.5:30]) clear data Mazzeo d k s; %beta=[.1;-.1;-.1;-.1;-.1;-.1]; beta=[1;-1;-1;-1;-1;-1]; beta=fminsearch('brlikelihood',beta); diary ps1results disp(['log population & ' num2str(beta(1))]); disp(['$\alpha_1$ & ' num2str(beta(2))]); disp(['$\alpha_2$ & ' num2str(beta(3))]); disp(['$\alpha_3$ & ' num2str(beta(4))]); disp(['$\alpha_4$ & ' num2str(beta(5))]); disp(['$\alpha_5$ & ' num2str(beta(6))]); disp(['Log-Likelihood & ' num2str(-brlikelihood(beta))]) disp(['# Obs. ' num2str(M)]) diary off