ivpanel-package: Instrumental Panel Data Models
In ivpanel: Instrumental Panel Data Models

Description Details Author(s) References Examples

Fit the instrumental panel data models: the fixed effect model, between model and the random effect model.

Package:	ivpanel
Type:	Package
Version:	1.0
Date:	2015-02-08
License:	GPL-3

In this package, we apply the instrumental variables two stage estimation to the fixed effects, random effects and between models.

Zaghdoudi Taha

Zaghdoudi Taha <zedtaha@gmail.com>

Amemiyia T. (1971), The estimation of the variances in a variance–components model, International Economic Review, 12, pp.1–13.

Baltagi B.H. (1981), Simultaneous equations with error components, Journal of econometrics, 17, pp.21–49.

Baltagi B.H. (2001), Econometric Analysis of Panel Data. John Wiley and sons. ltd.

# Create data
pib<-as.matrix(c(12,3,4,0.4,0.7,5,0.7,0.3,0.6,89,7,8,45,7,4,5,0.5,5),nrows=18,ncols=1)
 tir<-as.matrix(c(12,0.3,4,0.4,7,12,3.0,6.0,45,7.0,0.8,44,65,23,4,6,76,9),nrows=18,ncols=1)
 inf<-as.matrix(c(1.2,3.6,44,1.4,0.78,54,0.34,0.66,12,0.7,8.0,12,65,43,5,76,65,8),nrows=18,ncols=1)
 npl<-as.matrix(c(0.2,3.8,14,2.4,1.7,43,0.2,0.5,23,7.8,88,36,65,3,44,65,7,34),nrows=18,ncols=1)
 #create a data frame 
 mdata<-data.frame(p=pib,t=tir,int=inf,np=npl)
 #fit the fixed function  
 fx<-ivpan(t~p+int|p+np,mdata,n=6,t=3,model="fe")
 summary(fx)
 #fit the between function  
 be<-ivpan(t~p+int|p+np,mdata,n=6,t=3,model="be")
 summary(be)
 # fit the random function
 ran<-ivpan(t~p+int|p+np,mdata,n=6,t=3,model="re")
 summary(ran)