D.A.  Agunbiade, 
    Effect of Multicollinearity and the Sensitivity of the Estimation Methods in Simultaneous Equation Model,
    Journal of Modern Mathematics and Statistics,
    Volume 5,Issue 1,
    2011,
    Pages 9-12,
    ISSN 1994-5388,
    jmmstat.2011.9.12,
    (https://makhillpublications.co/view-article.php?doi=jmmstat.2011.9.12)
    Abstract: This study has investigated the effect of multicollinearity and the sensitivity of three different estimation methods of a Simultaneous equation econometric model. A Monte Carlo approach was employed for a three equation just identified model. The anlaysis for sample size n = 100 replication, R = 200 revealed the preference order of 3SLS, 2SLS and OLS using both mean and bias estimation criteria.
    Keywords: Nigeria;estimation methods;Monte Carlo;Simultaneous equation model;Multicollinearity