Hi:
I was wondering if there is any R package to estimate a two-or three
equation system in a panel setting.
Say, I have 100 firms and their expenditure on wind generated power and
solar-generated power.
S_i = X1_i*b1 + u1_i
W_i = X2_i* b2 + u2_i
(X1 and X2 need not be the same.. but for simplicity, they could be
assumed to be similar)
Now, I have this firm data set for 10 years...
I looked at systemfit package and its "investment" example and the way
it uses plm package was not quite clear. Any help will be much
appreciated.
Best,
Alok Bohara
UNM
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