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# Partial replication of results in Blundell and Bond, Journal
# of Econometrics, 1998. Please see the Gretl User's Guide for
# a detailed discussion.
# compose list of regressors
list X = w w(-1) k k(-1)
# Blundell and Bond, Table 4: 1976-86 GMM-DIF
dpanel 1 ; n X const ; GMM(w,2,99) GMM(k,2,99) --time --two-step --dpd
# Blundell and Bond, Table 4: 1976-86 GMM-SYS
dpanel 1 ; n X const ; GMM(w,2,99) GMM(k,2,99) \
GMMlevel(w,1,1) GMMlevel(k,1,1) --time --two-step --dpd --system
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