For the model y1 = 1 y2 + 11x1 + 21x2 + 1, y2 = 2 y1 + 32x3 + 42x4 + 2, show that there
Chapter 15, Problem 6(choose chapter or problem)
For the model y1 = 1 y2 + 11x1 + 21x2 + 1, y2 = 2 y1 + 32x3 + 42x4 + 2, show that there are two restrictions on the reduced-form coefficients. Describe a procedure for estimating the model while incorporating the restrictions.
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