Stata The Stata listserver
[Date Prev][Date Next][Thread Prev][Thread Next][Date index][Thread index]

st: RE: xtabond


From   <Orsetta.CAUSA@oecd.org>
To   <statalist@hsphsun2.harvard.edu>
Subject   st: RE: xtabond
Date   Mon, 3 May 2004 12:55:10 +0200

Hi antonio

If you specify maxldep (3) I think that stata will use yt-2 and yt-3 and yt-4
(it will never use yt-1, it is not a good instrument in the differenced
equation). Perhaps if you want to use yit-2 that menas one lag since yt-1
does not work, so you should try with maxldep(1)

Hope it works

orsetta

-----Original Message-----
From: owner-statalist@hsphsun2.harvard.edu
[mailto:owner-statalist@hsphsun2.harvard.edu] On Behalf Of Antonio Rodrigues
Andres
Sent: dimanche 2 mai 2004 22:27
To: statalist@hsphsun2.harvard.edu
Subject: st: xtabond


Hi everybody
I am using xtabond to estimate a dynamic panel data model. I want to use
lagged values of Y as instruments. There is an option named maxldep(). Assume
that I want to use only y(i,t-2). If I specify maxldep(3), STATA uses yt-1
yt-2 yt-3 as instruments of Dy(i,t-1)

Any thoughts
thanks
Antonio 
 

*
*   For searches and help try:
*   http://www.stata.com/support/faqs/res/findit.html
*   http://www.stata.com/support/statalist/faq
*   http://www.ats.ucla.edu/stat/stata/

*
*   For searches and help try:
*   http://www.stata.com/support/faqs/res/findit.html
*   http://www.stata.com/support/statalist/faq
*   http://www.ats.ucla.edu/stat/stata/



© Copyright 1996–2014 StataCorp LP   |   Terms of use   |   Privacy   |   Contact us   |   What's new   |   Site index