Hi STATALISTERS,
I am student of Master degree at the Unversity of Geneva, I am coimputing the
estimation of this 2 eq. The first is a loglog cost function with 3 variables,
using a panel data.
(1) ln C(t) = beta_{q} ln q(t) + beta_{R}ln R(t)+beta_{pm} ln pm()
(2) (P(t) - e^{rt} P_{0}) - beta_{q}left[ frac{C_{t}}{q_{t}}-
e^{rt} frac{C_{0}}{q_{0}} right] = beta_{R} Bigg[ (1+r)^t
frac{C_{0}}{R_{0}}+ (1+r)^{(t-1)} frac{C_{1}}{R_{1}} + ... + (1+r)
frac{C_{t-1}}{R_{t-1}} + frac{C_{t}}{R_{t}} Bigg]
Empirical strategy :
1. estimate (1) by fixed effects 2sls IV
2. estimate the system by 3sls, however is a nonlinear and a presence of lagged
endpgenous variable said to me is a fair estimator, I did not know is available
in stata...
Thank you for your time and help.
Gustavo Revollo
cite universitaire
46 av. miremont
1206 geneve
switzerland
[email protected]
00 41 78 680 47 45
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