Question: (Dynamic Models) The dynamic panel data model begins with (24.27), which is analogous to the static specification (24.7). We might also assume that by analogy

(Dynamic Models) The dynamic panel data model begins with (24.27), which is analogous to the static specification (24.7). We might also assume that

Ela X. ... =by analogy with (24.8). Show that these two restrictions imply that $$\alpha_0$$ equals $$\alpha_0$$ with probability one.

Ela X. ... =

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