Panel System
Posted: Wed Aug 10, 2011 12:20 pm
Dear Professor
I have panel data (T=11,N=23) and I want to esmite translog cost share functions simultanously.these functions are as follows:
Equation i: Sint=cin+bi*log(ynt)+ai*log(pint) (i=1,2,3 for labor,capital and energy) (t=1,...,11) (n=1,...,23)
i=1,2,3 so we will have 3 equations,How can I estimate these functions in a panel system simoultanously?
I have panel data (T=11,N=23) and I want to esmite translog cost share functions simultanously.these functions are as follows:
Equation i: Sint=cin+bi*log(ynt)+ai*log(pint) (i=1,2,3 for labor,capital and energy) (t=1,...,11) (n=1,...,23)
i=1,2,3 so we will have 3 equations,How can I estimate these functions in a panel system simoultanously?