If a model has more than one endogenous variable, several facts need to be considered in the choice of an estimation method. If the model has endogenous regressors, then an instrumental variables ...

demand: model q = p y s; supply: model q = p u; run; The first four pages of this output were as shown previously and are not repeated here. (See Figure 19.3, Figure 19.4, Figure 19.5, and Figure 19.6 ...