Non Nested Testing Procedures PDF Download

Author: Giuseppe Parigi
Publisher:
ISBN:
Category : Econometric models
Languages : en
Pages : 64

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Book Description

Author: L. Anselin
Publisher: Springer Science & Business Media
ISBN: 9401577994
Category : Business & Economics
Languages : en
Pages : 295

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Book Description
Spatial econometrics deals with spatial dependence and spatial heterogeneity, critical aspects of the data used by regional scientists. These characteristics may cause standard econometric techniques to become inappropriate. In this book, I combine several recent research results to construct a comprehensive approach to the incorporation of spatial effects in econometrics. My primary focus is to demonstrate how these spatial effects can be considered as special cases of general frameworks in standard econometrics, and to outline how they necessitate a separate set of methods and techniques, encompassed within the field of spatial econometrics. My viewpoint differs from that taken in the discussion of spatial autocorrelation in spatial statistics - e.g., most recently by Cliff and Ord (1981) and Upton and Fingleton (1985) - in that I am mostly concerned with the relevance of spatial effects on model specification, estimation and other inference, in what I caIl a model-driven approach, as opposed to a data-driven approach in spatial statistics. I attempt to combine a rigorous econometric perspective with a comprehensive treatment of methodological issues in spatial analysis.

Author: Mitchell Watnik
Publisher:
ISBN:
Category :
Languages : en
Pages : 228

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Book Description

Author: Basilio de Bragança Pereira
Publisher: Springer
ISBN: 3662537362
Category : Mathematics
Languages : en
Pages : 105

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Book Description
This book discusses the problem of model choice when the statistical models are separate, also called nonnested. Chapter 1 provides an introduction, motivating examples and a general overview of the problem. Chapter 2 presents the classical or frequentist approach to the problem as well as several alternative procedures and their properties. Chapter 3 explores the Bayesian approach, the limitations of the classical Bayes factors and the proposed alternative Bayes factors to overcome these limitations. It also discusses a significance Bayesian procedure. Lastly, Chapter 4 examines the pure likelihood approach. Various real-data examples and computer simulations are provided throughout the text.

Author: Peter Kennedy
Publisher: John Wiley & Sons
ISBN: 1405182571
Category : Business & Economics
Languages : en
Pages : 608

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Book Description
Dieses etwas andere Lehrbuch bietet keine vorgefertigten Rezepte und Problemlösungen, sondern eine kritische Diskussion ökonometrischer Modelle und Methoden: voller überraschender Fragen, skeptisch, humorvoll und anwendungsorientiert. Sein Erfolg gibt ihm Recht.

Author: Garry D. A. Phillips
Publisher: Cambridge University Press
ISBN: 113946311X
Category : Business & Economics
Languages : en
Pages : 368

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Book Description
The small sample properties of estimators and tests are frequently too complex to be useful or are unknown. Much econometric theory is therefore developed for very large or asymptotic samples where it is assumed that the behaviour of estimators and tests will adequately represent their properties in small samples. Refined asymptotic methods adopt an intermediate position by providing improved approximations to small sample behaviour using asymptotic expansions. Dedicated to the memory of Michael Magdalinos, whose work is a major contribution to this area, this book contains chapters directly concerned with refined asymptotic methods. In addition, there are chapters focusing on new asymptotic results; the exploration through simulation of the small sample behaviour of estimators and tests in panel data models; and improvements in methodology. With contributions from leading econometricians, this collection will be essential reading for researchers and graduate students concerned with the use of asymptotic methods in econometric analysis.

Author: Jordan J. Louviere
Publisher: Cambridge University Press
ISBN: 9780521788304
Category : Business & Economics
Languages : en
Pages : 436

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Book Description
A multidisciplinary graduate and practitioner guide, first published in 2000, which offers the theory and application of stated choice methods.

Author: Antonio Aznar Grasa
Publisher: Springer Science & Business Media
ISBN: 9401713588
Category : Business & Economics
Languages : en
Pages : 265

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Book Description
This book proposes a new methodology for the selection of one (model) from among a set of alternative econometric models. Let us recall that a model is an abstract representation of reality which brings out what is relevant to a particular economic issue. An econometric model is also an analytical characterization of the joint probability distribution of some random variables of interest, which yields some information on how the actual economy works. This information will be useful only if it is accurate and precise; that is, the information must be far from ambiguous and close to what we observe in the real world Thus, model selection should be performed on the basis of statistics which summarize the degree of accuracy and precision of each model. A model is accurate if it predicts right; it is precise if it produces tight confidence intervals. A first general approach to model selection includes those procedures based on both characteristics, precision and accuracy. A particularly interesting example of this approach is that of Hildebrand, Laing and Rosenthal (1980). See also Hendry and Richard (1982). A second general approach includes those procedures that use only one of the two dimensions to discriminate among models. In general, most of the tests we are going to examine correspond to this category.

Author: Southwest Fisheries Center (U.S.)
Publisher:
ISBN:
Category : Fisheries
Languages : en
Pages : 164

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Book Description

Author: M. Ohidul Haque
Publisher: Springer Science & Business Media
ISBN: 9780387242927
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
This volume is mainly concerned with methods of estimating income elasticity. It is connected with economic development that can be achieved by reducing income inequality, a highly relevant subject in today’s world for a wide range of policy areas.