Discuss the concept and properties of the fe model

Reference no: EM131523554

Question: 1. Store the estimates from the FE model, and refit the model with RE. How do these estimates compare? Does a houseman test accept RE as the more appropriate estimator?

2. Refit the FE model in constant elasticity from by using lpackpc laagers, and linkup. How do the results compare to those on the levels variables? Is this form of the model more in line with economic theory?

Reference no: EM131523554

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