cd "${mainpath}" use D_all_data, clear **************************** *** Define fixed effects *** **************************** egen ht = group(hts10 modate) // product-time egen ct = group(ctryname modate) // country-time egen cs = group(ctryname naics4) ************************************************* *** Create dummies for passthrough regression *** ************************************************* gen et_trim = et local etlo = -6 local ethi = 32 local etmax = `ethi' - `etlo' + 1 replace et_trim = . if et<`etlo' replace et_trim = `ethi' if et>`ethi' & et~=. /* Uncomment this block to include pre-event effects * Measure pre-event effects forval t=`etlo'/-1 { local t_tmp = `t'-`etlo'+1 * Amiti Redding Weinstein variables gen arw_`t_tmp' = 0 replace arw_`t_tmp' = arw_`t_tmp' + 0.25 if et_trim==`t' & action232=="steel" & target_ever232==1 replace arw_`t_tmp' = arw_`t_tmp' + 0.10 if et_trim==`t' & target_ever==1 & action232=="aluminum" & target_ever232==1 replace arw_`t_tmp' = arw_`t_tmp' + 0.25 if et_trim==`t' & target_ever==1 & inlist(action301,"99038801","99038802") replace arw_`t_tmp' = arw_`t_tmp' + 0.10 if et_trim==`t' & target_ever==1 & inlist(action301,"99038803","99038804") replace arw_`t_tmp' = arw_`t_tmp' + 0.15 if et_trim==`t' & target_ever==1 & action301=="99038815" } */ * Measure post-event effects forval t=0/`ethi' { local t_tmp = `t'-`etlo'+1 gen arw_`t_tmp' = 0 replace arw_`t_tmp' = ltf_scaled if et_trim==`t' & target_ever==1 } ******************* *** Event Study *** ******************* gen all = 1 egen related = max(target_ever), by(naics4) gen steel_tmp = 1 if action232=="steel" replace steel_tmp = steel_tmp*input egen steel_input = max(steel_tmp), by(naics4) drop steel_tmp egen steelalum = max(target_ever232), by(naics4) *choose subsets to analyze * use "all" to recreate fig from ch 6, "steel" to recreate fig in appendix G, * or "all steel" to run both consecutively. local subsets = "all" local lhs = "p pduty val q1" *This step takes a long time to run. Consider looking at fewer lefthand side * variables. For example, replace the definition of lhs with "p pduty" to only * look at the effect on prices, not import values or quantities. foreach subset in `subsets' { preserve foreach y in `lhs' { reghdfe l`y' arw_* if `subset'==1, a(id ct ht) cluster(hts8 ctryname) resid(r`y'_arw) gen b_arw_`y' = . gen se_arw_`y' = . local j = 1-`etlo' // if not using pre-event effects * local j = 1 // if using pre-event effect forval i=`j'/`etmax' { replace b_arw_`y' = _b[arw_`i'] if et_trim==`i'+`etlo'-1 replace se_arw_`y' = _se[arw_`i'] if et_trim==`i'+`etlo'-1 } } collapse (mean) b_* se_*, by(et_trim) export excel using "Results\arw_collected.xlsx", sheet("`subset'") firstrow(variables) sheetmodify restore }