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st: Using OVERID after REG3 with a system of equations
From
"Lopez, Andres" <[email protected]>
To
"[email protected]" <[email protected]>
Subject
st: Using OVERID after REG3 with a system of equations
Date
Fri, 19 Aug 2011 14:57:07 -0400
Hi Everyone,
I have a question regarding the OVERID command.
I am running a 6 equation system using REG3 (3SLS).
I have 11 panels and about 17 periods per panel; the panels are unbalanced.
I was wondering if using the OVERID command is the best way to test for overidentification? Is OVERID designed for use after this type of regression with a low number of observations or will the power be very low?
Thanks,
Andres
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