Replication Information for The Value of Privacy and the Choice of Limited Partners by Venture Capitalists

Published: 26 March 2025| Version 1 | DOI: 10.17632/848xf2j4jv.1
Contributors:
, Will Gornall,

Description

Replication package for paper The Value of Privacy and the Choice of Limited Partners by Venture Capitalists.

Files

Steps to reproduce

Refer to "README.docx" in the main folder. STEP 1: PREPARE DATA: • Replace the randomized data files in the "data" folder with the actual data. STEP 2: PYTHON CODE AND FIGURE 1 • Install Python 3.11.5 and the packages in “python_code\requirements.txt”. • Run “python_code\generate_figure_1.py” using Python. • Figure 1 is outputted to “paper\figures\figure_1.png”. • Run “python_code\pre_process_burgiss_data.py” using Python. The weights of the counterfactual portfolios are outputted to “processed\msci_burgiss_with_weights.csv”. STEP 3: MSCI-BURGISS DATA • Install Stata 16.1 and required packages in “code\requirements.txt”. • Run the Stata code provided in “code\code for T5.do”. Due to MSCI-Burgiss access restrictions, this regression may only be possible by providing MSCI-Burgiss staff with weights in “processed\msci_burgiss_with_weights.csv” and the code “code\code for T5.do”. • Table 5 content is outputted to “paper\tables” • Replace “processed\msci_burgiss_summary.xlsx” with the output of this operation. STEP 4: STATA CODE AND ALL TABLES • Install Stata 16.1 and required packages in “code\requirements.txt”. • Run “code\code for T1, T2, T3.do”. • Run “code\code for T1, T4, T6, T7, T8.do”. • Tables 1-4 and 6-8 content is outputted to “paper\tables” STEP 5: FIGURES 2 AND 3 • Open “paper\figures\figure_2.xls” and export Figure 2. • Open “paper\figures\figure_3.xls”, refresh the Pivot Tables in cells B8 and T8, and export Figure 3. STEP 6: FIGURE 4 • Import “data\foia_map_data.txt” into the tool at www.mapchart.net.

Categories

Venture Capital

Funding

Social Sciences and Humanities Research Council

National Bureau of Economic Research

Licence