File: penngrow.inp

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gretl 2022c-1
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# Penn World Table data as used by Nerlove
open penngrow.gdt

# Fixed effects (for comparison)
panel Y 0 Y(-1) X

# Random effects (for comparison)
panel Y 0 Y(-1) X --random-effects

# take differences of all variables
diff Y X
# Anderson-Hsiao, using Y(-2) as instrument
tsls d_Y d_Y(-1) d_X ; 0 d_X Y(-2)
# Anderson-Hsiao, using d_Y(-2) as instrument
tsls d_Y d_Y(-1) d_X ; 0 d_X d_Y(-2)