Table 1.

Bias and root mean square error (RMSE) of various estimators of ρ_A in two different scenarios.

Estimator	Bias	RMSE
Scenario 1: (βW=(1,0.5)T)
Path Analysis	0.872	0.872
2SLS	−0.001	0.122
3SLS	0.002	0.122
Scenario 2: (βW=(1,0)T)
Path Analysis	0.970	0.970
2SLS	0.000	0.051
3SLS	0.001	0.039