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st: IV in panel


From   Vincenzo Lombardo <[email protected]>
To   "[email protected]" <[email protected]>
Subject   st: IV in panel
Date   Fri, 21 Jul 2006 14:55:07 +0100

dear all,
i am figuring out wheter using or not IV in a random effect model for my panel dataset; for fixed effect there tests for overidentification and endogeneity, but i did not find any for the Random effect model..
have you some ideas on how to proceed?
what i did up to know is to apply standard hausman-type test on the two models; the RE with IV and the RE without IV and then testing which of the two is more efficient or consistent with hausman test..is this procedure correct?

cheers

--
Vincenzo Lombardo
University of Sussex, Dept. of Economics
University of Napoli Parthenope, DSE
12 Canfield Road
BN2 4DN Brighton - UK
tel. (UK):++44(0)7765991711
tel. (ITALY):++393284164302
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