Estimation of Simultaneous Equation Models with Error Components Structure
Jayalakshmi Krishnakumar
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Description for Estimation of Simultaneous Equation Models with Error Components Structure
paperback. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 373 pages, 2 black & white illustrations, 11 black & white tables, biography. BIC Classification: KCA. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 244 x 170 x 20. Weight in Grams: 647.
Economists can rarely perform controlled experiments to generate data. Existing information in the form of real-life observations simply has to be utilized in the best possible way. Given this, it is advantageous to make use of the increasing availability and accessibility of combinations of time-series and cross-sectional data in the estimation of economic models. But such data call for a new methodology of estimation and hence for the development of new econometric models. This book proposes one such new model which introduces error components in a system of simultaneous equations to take into account the temporal and cross-sectional heterogeneity of ... Read more
Economists can rarely perform controlled experiments to generate data. Existing information in the form of real-life observations simply has to be utilized in the best possible way. Given this, it is advantageous to make use of the increasing availability and accessibility of combinations of time-series and cross-sectional data in the estimation of economic models. But such data call for a new methodology of estimation and hence for the development of new econometric models. This book proposes one such new model which introduces error components in a system of simultaneous equations to take into account the temporal and cross-sectional heterogeneity of ... Read more
Product Details
Format
Paperback
Publication date
1988
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
373
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
363
Place of Publication
Berlin, Germany
ISBN
9783540500315
SKU
V9783540500315
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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