SUR with system

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chungrak9
Posts: 16
Joined: Sat May 31, 2014 9:09 am

SUR with system

Postby chungrak9 » Mon Jul 14, 2014 9:04 am

Hello. In the data, there are 40 countries between 1950 and 2005.

I wonder if a SYSTEM object can replicate the results from a POOL object. The attached files show the POOL estimation setting.

In order to replicate the POOL estimation, I created a SYSTEM object, specified the following equations, and chose "Seemingly Unrelated Regression" with simultaneous updating, but the results were different from the POOL estimation.

d(AUS_dept) = c(1)*d(AUS_ind) + c(101) + c(201)*d(AUS_dept(-1))
d(AUT_dept) = c(1)*d(AUT_ind) + c(102) + c(202)*d(AUT_dept(-1))
d(BEL_dept) = c(1)*d(BEL_ind) + c(103) + c(203)*d(BEL_dept(-1))
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
d(VEN_dept) = c(1)*d(VEN_ind) + c(140) + c(240)*d(VEN_dept(-1))

Would you please let me know how to run the same model with a SYSTEM object?

Thank you very much!
Rakkoo
Attachments
q_pool2.jpg
q_pool2.jpg (120.23 KiB) Viewed 1543 times
q_pool1.jpg
q_pool1.jpg (120.34 KiB) Viewed 1543 times

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