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Estimating TSLS equation in panel.

Posted: Thu Aug 30, 2012 3:00 pm
by Yokogil
Hello I'm estimating a TSLS equation model in a panel.

I have 4 variables:
a) LPI
b) GDP
c) XMGDP
d) DENSITY

And my instrument used is:
a) YEARSONCHAIR

How can i write the code to program the equation? It keeps saying that I need more instruments.

Re: Estimating TSLS equation in panel.

Posted: Thu Aug 30, 2012 3:30 pm
by EViews Gareth
You need more instruments.

Re: Estimating TSLS equation in panel.

Posted: Thu Sep 13, 2012 8:53 am
by shohan.cu
hello
my variable is un.and instruments is inf(-1).is it ok?or do i need more?

Re: Estimating TSLS equation in panel.

Posted: Thu Sep 13, 2012 9:42 am
by startz
You need at least as many instruments as right hand side variables.