Simultaneous equations with incomplete panels

Badi H. Baltagi; Young Jae Chang

doi:10.1017/s0266466600162073

Simultaneous equations with incomplete panels

Badi H. Baltagi, Young Jae Chang

Research output: Contribution to journal › Article › peer-review

32 Scopus citations

Abstract

This paper compares the performance of several single and system estimators of a two equation simultaneous model with unbalanced panel data. The Monte Carlo design varies the degree of unbalancedness in the data and the variance components ratio due to the individual effects. One useful result for applied researchers is that the feasible error components 2SLS and 3SLS procedures based on simple ANOVA type estimators of the variance components perform well with incomplete panels and are recommended in practice.

Original language	English (US)
Pages (from-to)	269-279
Number of pages	11
Journal	Econometric Theory
Volume	16
Issue number	2
DOIs	https://doi.org/10.1017/s0266466600162073
State	Published - 2000
Externally published	Yes

ASJC Scopus subject areas

Social Sciences (miscellaneous)
Economics and Econometrics

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title = "Simultaneous equations with incomplete panels",

abstract = "This paper compares the performance of several single and system estimators of a two equation simultaneous model with unbalanced panel data. The Monte Carlo design varies the degree of unbalancedness in the data and the variance components ratio due to the individual effects. One useful result for applied researchers is that the feasible error components 2SLS and 3SLS procedures based on simple ANOVA type estimators of the variance components perform well with incomplete panels and are recommended in practice.",

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Simultaneous equations with incomplete panels

Abstract

ASJC Scopus subject areas

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