how to construct my tsls model?
Posted: Fri May 30, 2014 3:21 pm
Hi everyone!
No I want to find out the impact of FDIportion to ln(PCRGDP), but previous research has revealed a bidirectional relationship between them, so I am thinking introducing three dummies: d1 d2 d3 to proxy FDIportion. And also I introduce humancap popgrowth and ln(infrastructure) as control variables to ln(PCRGDP).
Finally comes the problem, how to input in specific column and instruments column?
Thank you for your help!
No I want to find out the impact of FDIportion to ln(PCRGDP), but previous research has revealed a bidirectional relationship between them, so I am thinking introducing three dummies: d1 d2 d3 to proxy FDIportion. And also I introduce humancap popgrowth and ln(infrastructure) as control variables to ln(PCRGDP).
Finally comes the problem, how to input in specific column and instruments column?
Thank you for your help!