Author: Terrence KinalPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Estimation of Simultaneous Equations Error Components Models with an Application to a Model of Developing Country Foreign Trade
Author: Terrence KinalEstimation of Simultaneous Equation Models with Error Components Structure
Author: Jayalakshmi KrishnakumarPublisher: Springer Science & Business Media
ISBN: 3642456472
Category : Business & Economics
Languages : en
Pages : 371
Book Description
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 panel data. After a substantial survey of panel data models, the newly proposed model is presented in detail and indirect estimations, full information and limited information estimations, and estimations with and without the assumption of normal distribution errors. These estimation methods are then applied using a computer to estimate a model of residential electricity demand using data on American households. The results are analysed both from an economic and from a statistical point of view.
Econometric Analysis of Panel Data
Author: Badi BaltagiPublisher: John Wiley & Sons
ISBN: 0470518863
Category : Business & Economics
Languages : en
Pages : 239
Book Description
Written by one of the world's leading researchers and writers in the field, Econometric Analysis of Panel Data has become established as the leading textbook for postgraduate courses in panel data. This new edition reflects the rapid developments in the field covering the vast research that has been conducted on panel data since its initial publication. Featuring the most recent empirical examples from panel data literature, data sets are also provided as well as the programs to implement the estimation and testing procedures described in the book. These programs will be made available via an accompanying website which will also contain solutions to end of chapter exercises that will appear in the book. The text has been fully updated with new material on dynamic panel data models and recent results on non-linear panel models and in particular work on limited dependent variables panel data models.
Panel Data Econometrics with R
Author: Yves CroissantPublisher: John Wiley & Sons
ISBN: 111894917X
Category : Mathematics
Languages : en
Pages : 325
Book Description
Panel Data Econometrics with R provides a tutorial for using R in the field of panel data econometrics. Illustrated throughout with examples in econometrics, political science, agriculture and epidemiology, this book presents classic methodology and applications as well as more advanced topics and recent developments in this field including error component models, spatial panels and dynamic models. They have developed the software programming in R and host replicable material on the book’s accompanying website.
IBSS: Economics: 1993 Vol 42
Author: Publisher: Psychology Press
ISBN: 9780415111478
Category : Business & Economics
Languages : en
Pages : 660
Book Description
This bibliography lists the most important works published in economics in 1993. Renowned for its international coverage and rigorous selection procedures, the IBSS provides researchers and librarians with the most comprehensive and scholarly bibliographic service available in the social sciences. The IBSS is compiled by the British Library of Political and Economic Science at the London School of Economics, one of the world's leading social science institutions. Published annually, the IBSS is available in four subject areas: anthropology, economics, political science and sociology.
Journal of Agricultural and Applied Economics
Author: Panel Data Analysis
Author: Baldev RajPublisher: Springer Science & Business Media
ISBN: 3642501273
Category : Business & Economics
Languages : en
Pages : 223
Book Description
A number of advances have taken place in panel data analysis during the pastthree decades and it continues to be one of the most active areas of research. This volume contains 13 significant contributions focusing on modelling strategies, data issues, theoretical analysis and applications. Applied econometrics papers on the economics of labor, health, telecommunications, finance and macroeconomics are provided as well as a survey of recent theoretical developments in panal data analysis. Contributors include both well known scholars and younger researchers from Australia, Canada, Europe and the United States of America.
IMF Staff papers, Volume 37 No. 3
Author: International Monetary Fund. Research Dept.Publisher: International Monetary Fund
ISBN: 1451973063
Category : Business & Economics
Languages : en
Pages : 292
Book Description
This paper analyzes macroeconomic effects of projected population aging in industrial countries. The effects of population aging are examined with a theoretical model and simulations of the IMF’s multiregion econometric model (MULTIMOD). The study highlights that an older population will consume more of aggregate disposable income, require higher government expenditure, and decrease labor supply. These effects should raise real interest rates and lower capital stock and output. Effects on current balances will depend on the relative speed and extent of aging.
Introduction To Numerical Simulation For Trade Theory And Policy
Author: John GilbertPublisher: World Scientific Publishing Company
ISBN: 9814401625
Category : Business & Economics
Languages : en
Pages : 320
Book Description
This volume provides a practical guide to building and using simulation models for international trade theory and policy. Through a sequence of carefully constructed and fully documented programs, the volume illustrates how numerical simulation can be used to analyze a wide array of problems. Modern computable general equilibrium (CGE) models for trade policy are challenging in their complexity, but can be thought of as constructions of much simpler building blocks. By developing the building blocks in a consistent manner, and gradually putting them together in more complex and interesting ways, the volume makes CGE accessible to anyone with a background in microeconomics/trade theory. The volume will be useful to graduate students and researchers in international trade looking for a detailed guide to building simulation models and to developing the skill set necessary to enter into the world of CGE modeling.
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