Hello,
I'm trying to estimate a 3-equation model in which my first stage dependent variable is a count, second stage variable is continuous and third (final stage) is limited dependent variable (lies between 0 and 100)
Is there a command or procedure that could address above mentioned type simultaneous system. For a basic (3SLS) simultaneous panel, I was using -reg3- with country fixed effects. But i found my estimates were incorrect as my third stage dependent variable ranges between 0 and 100.
I am following two papers on Nelson and Olson (1978) and Blundell and Smith (1989) method of Two-Stage LDV.
On searching I found out -gsem- and -cmp- . But even, these don't seem to address my problem.
Could you please help me with this?
Thank you
Ritika
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