Equations that have more than one unknown can have an infinite number of solutions. For example, \(2x + y = 10\) could be solved by: \(x = 1\) and \(y = 8\) \(x = 2\) and \(y = 6\) \(x = 3\) and \(y = ...
This is a preview. Log in through your library . Abstract Baltagi [3] derived 2SLS and 3SLS analogues for a simultaneous equation model with error components. These ...