I try to solve for this model
I use the instrument variable to solve for each equation.
m_s, p and gov are all exogenous variables while others are endogenous variables.
Now the problem is that there are some NA in results and r_l is an exogenous variable rather than endogenous variable.
Also, p suppose to be an exogenous variable but it does not show in the model.
Thank you so much and I really appreciate your help.
Question about NA in model result and endogenous variable
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Question about NA in model result and endogenous variable
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- model1.wf1
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- Fe ddaethom, fe welon, fe amcangyfrifon
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- Joined: Tue Sep 16, 2008 5:38 pm
Re: Question about NA in model result and endogenous variabl
I don't really understand what you're asking/saying.
The model in that workfile has 5 equations.
No where is "p" mentioned. Clearly gov, m_s and r_l are exogenous variables, and everything else is endogenous.
The model in that workfile has 5 equations.
- gdp = cons + inv + gov
- m = m_s
- m_p = -25977.6 + 0.0233*gdp- 9155.3*r_l + (ar term)
- cons = 1140319.6 + 0.310567*gdp + (ar term)
- inv = -410824.3 - 70748.35*r_l + 6.61*D(gdp(-1)) + (ar term)
No where is "p" mentioned. Clearly gov, m_s and r_l are exogenous variables, and everything else is endogenous.
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