Four-level CCM, variance components
Posted: Wed Oct 30, 2019 6:35 pm
Hello.
I am attempting to put together a four-level CCM using the runmlwin command. As shown below, the "firm" at level 3 is nested within home countries at level 4, while the host country and industry are cross-nested.
Outcome
I am attempting to put together a four-level CCM using the runmlwin command. As shown below, the "firm" at level 3 is nested within home countries at level 4, while the host country and industry are cross-nested.
Outcome
- LEVEL 1: Year
- LEVEL 2: Unit
- LEVEL 3: Host country, Industry, Firm
- LEVEL 4: Home country
- Level 1: ROAyshipm = β0shipm + eyshipm
- Level 2: β0shipm = β00hipm + r0shipm
- Level 3: β00hipm = β000m + b00h + c00i + d00p
- Level 4: β000m = 𝛾000 + e000m