Crime in North Carolina. Using the Cornwell and Trumbull (1994) panel data set described in the empirical

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Crime in North Carolina. Using the Cornwell and Trumbull (1994) panel data set described in the empirical example in Sect.7.1 and given on the Springer website as crime.dat, replicate Table 7.1 and the associated test statistics. See also the replication by Baltagi (2006a). Note that the standard errors of EC2SLS are smaller than those of G2SLS.

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