Hello....
It is known that while estimating system of equations by using SUR and OLS
estimator we obtain the same results when matrix of independent variables (X) is
identical in each equation. I've tried this and results are ... different. Maybe
you could figure out why?
I've attached files (with data and script). Could this be effect of cross
equation residuals correlations or it's just ... an error?
With regard...
Mariusz
Poland