Question: The following table is a model in five equations with five endogenous variables Y and four exogenous variables X: Determine the identifiability of each equation

Determine the identifiability of each equation with the aid of the order and rank conditions of identifications.
Coefficients of the Variables Y3 Y4 Equation No. X1 Y1 Y2 Ys X2 X3 X4 Y14 B12 B14 Y22 Y23 Y33 Y43 Y53 B24 B34 3 4 B31 B42 Bs1 B35 Y34 Y41 Y52 B54
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Here M 5 and K 4 By the order condition Y 1 Y 2 and Y 5 are j... View full answer
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