Skip to content

“stsls”

3 messages · Joseph Duncan, Roger Bivand

#
On Tue, 17 Apr 2012, Joseph Duncan wrote:

            
As you can see from the help page (and the code which is the clearest 
description), the coefficient on Wy is fitted using the lagged X variables 
WX and WWX. What is endogenous or not is a matter of terminology, and may 
not actually match the variables you have. In stsls, you don't get to 
define anything, it is simply as given by Kelejian and Prucha, that is 
first step fit WY ~ [WX, WWX], then second step. You can choose only to 
use WX instead of [WX, WWX].

Hope this clarifies,

Roger

  
    
1 day later