Question: Consider the following panel data model where there is an individual-specific unobserved effect is known to be correlated with the regressors: L.e. Gov(a,, I; )

unobserved effect is known to be correlated with the regressors: L.e. Gov(a,,

Consider the following panel data model where there is an individual-specific unobserved effect is known to be correlated with the regressors: L.e. Gov(a,, I; ) # 0. Which of the following below is the most appropriate estimator given the facts? O none of these are correct first difference estimation ( random effects estimation pooled ordinary least squares estimation

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