Applications of Econometrics |
Contents
ECONOMETRIC MODELS | 1 |
Specification Errors in Multiple Regression | 18 |
DISTRIBUTED LAGS | 26 |
Copyright | |
10 other sections not shown
Common terms and phrases
actual adaptive expectations aggregate agriculture algebraic assume average B₁ B₂ behaviour bias bullocks capital CD function Chapter Cobb-Douglas coefficients column constant constraint consumption function cost crop demand equation demand function dependent variable distributed lag econometric econometrician effect elasticity endogenous equilibrium exogenous explanatory variable F-ratio factor final demand firms forecast Griliches Hines hypothesis incomes policy industry inflation influence input-output input-output model inputs intercept isoquant labour linear marginal measure multicollinearity Nerlove non-significant OLS estimates output over-identified P₁ parameters partial adjustment period Phillips curve price-changes production function proxy rate of change ratio regression regressors relationship residual returns to scale sample serial correlation significant statistical structural Student's t-test substitution supply equation Table technical progress tion trades union trend Turnovsky unemployment units variance vector w₁ wage-changes wage-rates wages X₁ βι