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and sub-samples (incomes and regions) from 1996 to 2019. The two-step system Generalised Method of Moments estimation of … linear dynamic panel-data model (DPDGMM) is used in this study. The estimation results are robust with the results of the two …-step sequential (two-stage) estimation of linear panel-data models (SELPDM) and the two-step system Generalised Method of Moments …
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