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kelSAS
Obsidian | Level 7

I apologize if this looks repetitive, but I was told to post it here.

 

Two equations

 

Y = X + V1 + V2 + industry + time

X = Y + V1 + V2 + industry + time

 

I have an instrument, Z, that can be used to predict X.

 

I also have about 100 of industry and time dummies. (So I can't use 'model').

 

How do I go about producing the estimated coefficients for the above two equations?

 

No STATA, nor SAS seem to have the procedure for simultaneous equations.