Stata动态面板GMM(xtabond2)操作英文案例.docxVIP

Usi ng ArellaBo nd Dy namic Panel GMM Estimators in Stata Tutorial with Examples using Stata 9.0 (xtabond and xtabond2) Elitza Mileva, Economics Department Fordham University July 9, 2007 The model The following model examines the impact of capital flows on investment in a panel dataset of 22 cou ntries for 10 y—004(1995 Iit = B 1気-1 + B + B 3^t +Ut. (1) In equation (1)Iitaisbogvroess fixed capital formation as a perIict-1eisntitasge of GDP and lagged vKUea matrix of the comp onents of foreigFDrelxouircGaflows portfolio (equity andOsqnelrcen tage shaiXtssoi GDPix of the followi ng con trol var