## An introduction to econometrics |

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### Contents

INTRODUCTION | 1 |

STATISTICAL DEMAND ANALYSIS | 8 |

STATISTICAL PRODUCTION AND COST ANALYSIS | 83 |

Copyright | |

6 other sections not shown

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### Common terms and phrases

aggregation arithmetic arithmetic mean assumed assumption average behavior capital stock cent Cobb-Douglas coefficients computed constant consumer consumption consumption function correlation cost function cross-section samples cumulative cycle demand analysis demand function depend derived econometric econometrician economic elasticity endogenous variables Engel curve estimated exogenous expenditure exports factor costs firm forecast frequency given i-th identified important income class income distribution individual industry input-output investment function labor labor's share least squares linear equations linear function logarithmic lognormal lognormal distribution marginal cost marginal productivity measured multiplier national income national product nonlinear normal distribution output parameters Pareto distribution period probability production function quantity random error ratio regression relation relationship relative price residuals returns to scale sampling error savings sector skew statistical studies supply function Table theory time-series sample tion trend United Kingdom unity values variance wage zero