I need to run one step GMM for panel data. Here is the model.
Total ESG Score = β0 + β1lag_Total_ESG_SCORE + β2Board_Busyness + β3Board_Controls + β4Firm_Controls + (Firm Indicators) + (Year Indicators) + ε
I really appreciate it if anybody can help me with the code.
I have moved your message to the 'SAS Forecasting and Econometric' board.
For panel data analysis with —the generalized method of moments (GMM)—, you need :
Here's an example using the former :
SAS/ETS® 15.2 User's Guide
The PANEL Procedure
Example 26.5 Cigarette Sales Data: Dynamic Panel Estimation
https://go.documentation.sas.com/doc/en/etsug/15.2/etsug_panel_examples06.htm
Good luck,
Koen
I have moved your message to the 'SAS Forecasting and Econometric' board.
For panel data analysis with —the generalized method of moments (GMM)—, you need :
Here's an example using the former :
SAS/ETS® 15.2 User's Guide
The PANEL Procedure
Example 26.5 Cigarette Sales Data: Dynamic Panel Estimation
https://go.documentation.sas.com/doc/en/etsug/15.2/etsug_panel_examples06.htm
Good luck,
Koen
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