BookmarkSubscribeRSS Feed
Fluorite | Level 6

I need help to run GMM for panel data. I have SAS version 9.3/9.4 . 

Here is the model.

Total ESG Score = β0 + β1lag_Total_ESG_SCORE + β2Board_Busyness + β3Board_Controls + β4Firm_Controls + (Firm Indicators) + (Year Indicators) + ε


I appreciate any help.

SAS Employee

Hi, it looks like you have asked this question and it has been answered. If you are asking this question again because you are using an earlier version of SAS and the example code for dynamic panel model given in the link in previous answer is for newer release than you are using, then you can go to the documentation for the specific release you are using for the same example, as the syntax for dynamic panel model changed significantly before and after release SAS 9.4TS1M5. For example, if you are using SAS 9.4TS1M4(SAS/ETS 14.2), the same example for dynamic panel model estimation for that release can be found at:


However with that said, it is strongly recommended that you upgrade to the most current release since earlier release may have unfixed bugs and you can use more enhanced features in the procedure and other procedures if you upgrade your release.


I hope this helps.



Registration is open! SAS is returning to Vegas for an AI and analytics experience like no other! Whether you're an executive, manager, end user or SAS partner, SAS Innovate is designed for everyone on your team. Register for just $495 by 12/31/2023.

If you are interested in speaking, there is still time to submit a session idea. More details are posted on the website. 

Register now!

Multiple Linear Regression in SAS

Learn how to run multiple linear regression models with and without interactions, presented by SAS user Alex Chaplin.

Find more tutorials on the SAS Users YouTube channel.

Discussion stats
  • 1 reply
  • 1 like
  • 2 in conversation