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Hi,

I am trying to estimate a four equation system by 3sls using panel data. Is this possible in E-views? So when specifying a system and having set up the data as panel data, does the estimation take this into account?

Thanks a lot!

Depends upon what you mean by "take this into account".

When you estimate the system, EViews knows that you are sitting on panel data, so any lags/leads/dynamics you have in your equation will take the panel structure into account, and lags/leads will not cross-seams (i.e. they won't go over cross-sections).

However there is no special panel based system estimation techniques - you can not, for example, estimate fixed (well other than manually with dummy variables) or random effects.

Hey,
I'm also trying to estimate a three equation system by 3sls using panel data.
I'm a lttle bit confused now how to actually estimate that in eViews via 3sls... I thought about using Two-Stage-Least-Square and SUR afterwards. Is that correct? Or would you go for the GMM estimation? Are there any codes you could recommend?

Thank you. Any input is highly appreciated...!

Not sure I follow the question. Why not just estimate by 3SLS?

hm, ok. But how would that work? No clue how to compute that. Any help?

Thank you.

The same way you would estimate by 2SLS or SUR, but change the method to 3SLS instead...

hm, I somehow can just chose from LS, TSLS, GMM, BINARY, Ordered, Censored, Count, Qreg, StepLS. So there is no 3SLS. What am I doing wrong???

Thank you

You need to be using a system object, not an equation object.

Depends upon what you mean by "take this into account".

When you estimate the system, EViews knows that you are sitting on panel data, so any lags/leads/dynamics you have in your equation will take the panel structure into account, and lags/leads will not cross-seams (i.e. they won't go over cross-sections).

However there is no special panel based system estimation techniques - you can not, for example, estimate fixed (well other than manually with dummy variables) or random effects.

Hello,

I'm having some trouble while estimating a system with panel data. How should I introduce both period and cross-section dummies into the spec tab? There are no preset options for that (period and cross-section dummies that is) in the system window under panel data. Should I construct them manually? I have a really large panel!

Thanks for the help in advance.

Pablo

EViews doesn't currently support built in cross/period fixed/random effects. You'll have to create the dummies manually.