Two-stage residual inclusion estimation: addressing endogeneity in health econometric modeling.

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Summary

In a generic parametric framework, it is shown that 2SRI is consistent and 2SPS is not and can be used as a guide by future researchers in health economics who are confronted with endogeneity in their empirical work.

Type
article
Published
2008-05-01
Cited by
1,800
References
68
Access
Open access

Keywords

Endogeneity, Econometrics, Estimator, Estimation, Residual

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