Hernán Borrero

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Questions related from Hernán Borrero

Using FMOLS for analyzing the effect of investment on growth, should I use the lag of investment (and of other controlls) as instrumental variables?

The model is: lnGDP = lnINVESTMENT + lnX + E The data consist of a panel of six countries and 19 year periods for each. All variables are stationary at I(1) and are cointegrated (two...

16 July 2016 6,296 1 View

I am estimating a panel data set through FMOLS. All variables are I(1) and are cointegrated. If "Y" is "economic growth", should GDP be in "X" vector?

I want to estimate the effect of investment and other economic variables on "growth" (the dependent variable) through the Fully Modified Ordinary Least Squares (FMOLS) method (I have a panel data...

10 July 2016 9,334 9 View