residY_original function

Compute the residuals from the observational equation

residY_original(ModelParaPE, BFull, ModelType, Economies)

Arguments

• ModelParaPE: List of point estimates of the model parameter
• BFull: Matrix B of loadings (CJ x F or J x F)
• ModelType: A character vector indicating the model type to be estimated
• Economies: String-vector containing the names of the economies which are part of the economic system