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Re: st: two stage least squares for panel data


From   Austin Nichols <[email protected]>
To   [email protected]
Subject   Re: st: two stage least squares for panel data
Date   Wed, 22 Aug 2012 11:50:45 -0400

Parfait Gasana <[email protected]>:
Per the FAQ, you should show what you typed and what Stata responded.
You should probably use -xtivreg2- as well, for the superior output:

ssc inst ivreg2
ssc inst xtivreg2
xtset state year
xtivreg2 y x1 (x2=z), fe cl(state)

You can also include 51 dummies in a call to -ivreg2- or -ivregress-.

qui ta state, gen(d_)
ivreg2 y x1 d_* (x2=z), cl(id)

On Wed, Aug 22, 2012 at 9:27 AM, Parfait Gasana
<[email protected]> wrote:
> Hello all,
> How can I estimate two-stage least squares or instrumental variable
> regression with panel data? I tried xtivreg but receive the error: the
> sample specifies cross-sectional data, xtivreg is not designed for
> cross-sectional data. However, my data is in long format with repeated
> indicators (here the. 50 U.S. states and DC)  across 5 years. Hence, a
> sample size of 255. Also, I am sure I ran xtset, setting up the panel
> and time variables. And all my instruments are nonmissing for every
> observation.
>
> What's more, I am able to successfully run a xtreg command. I
> understand xtreg can use cross-sectional data. So, am I working with
> cross-sectional data and if so, how do I get a time-dynamic dataset?
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