For example for variable x type by id egen avex meanx


For the model and data of section 9.2, obtain the panel iv estimator in the PE model by applying the ivregress command to the mean-differenced model with a mean-differenced instrument Hint: For example, for variable x, type by id: egen avex mean(x) followed by summarize x and then generate mdx = x - avex + r (mean). Verify that you get the same estimated coefficients as you would with xtivreg, f e.

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Econometrics: For example for variable x type by id egen avex meanx
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