Hello,
I have a cross-section of thousand of counties observed at time t=1991, 2000 and 2010, and I'm trying to estimate the following econometric growth model
Ln(county_it) = rho Ln(county_it-1) + beta X_it + theta_i + theta_t
where
- X: interest and control county variables (education, expenditure, unemployment, etc.)
- theta_i: is the city fixed effect
- theta_t: is the time fixed effect.
I want to regress the model via Arellano and Bond, so, in STATA, I have tried the following commands
where (lpop_total_1 = l.lpop_total) and $basico is a sequence of time- and county-independent control variables.
The variables ano is the year 1991, 2000 and 2010, and ibge is the city code.
In all the three situations, STATA gives the same error message:
What's the problem. Is the panel too short, or am I missing something?
Thank you!
I have a cross-section of thousand of counties observed at time t=1991, 2000 and 2010, and I'm trying to estimate the following econometric growth model
Ln(county_it) = rho Ln(county_it-1) + beta X_it + theta_i + theta_t
where
- X: interest and control county variables (education, expenditure, unemployment, etc.)
- theta_i: is the city fixed effect
- theta_t: is the time fixed effect.
I want to regress the model via Arellano and Bond, so, in STATA, I have tried the following commands
Code:
xtset ibge ano xtabond lpop_total L.lpop_total $basico xtabond lpop_total $basico xtabond lpop_total lpop_total_1 $basico
The variables ano is the year 1991, 2000 and 2010, and ibge is the city code.
In all the three situations, STATA gives the same error message:
Code:
artests() cannot exceed the number of time periods r(498);
Thank you!
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