Non-Nested Regression Models (Economic Issues, Problems and Perspectives) - Softcover

 
9781624177705: Non-Nested Regression Models (Economic Issues, Problems and Perspectives)
Softcover
ISBN 10: 1624177700 ISBN 13: 9781624177705
Verlag: Nova Science Publishers Inc, 2013

Inhaltsangabe

This book addresses two interrelated problems in economics modelling: non-nested hypothesis testing in econometrics, and regression models with stochastic/random regressors. The primary motivation for this book stems from the nature of econometric models. As an abstraction from reality, each statistical model consists of mathematical relationships and stochastic, behavioural assumptions. In practice, the validity of these assumptions and the adequacy of the mathematical specifications is ascertained through a series of diagnostic and specification tests. Conventional test procedures, however, fail to recognise that economic theory generally provides more than one distinct model to explain any given economic phenomenon.

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Reseña del editor

This book addresses two interrelated problems in economics modelling: non-nested hypothesis testing in econometrics, and regression models with stochastic/random regressors. The primary motivation for this book stems from the nature of econometric models. As an abstraction from reality, each statistical model consists of mathematical relationships and stochastic, behavioural assumptions. In practice, the validity of these assumptions and the adequacy of the mathematical specifications is ascertained through a series of diagnostic and specification tests. Conventional test procedures, however, fail to recognise that economic theory generally provides more than one distinct model to explain any given economic phenomenon.

„Über diesen Titel“ kann sich auf eine andere Ausgabe dieses Titels beziehen.

Verlag
Nova Science Publishers Inc
Erscheinungsdatum
2013
Sprache
Englisch
ISBN 10 
1624177700
ISBN 13 
9781624177705
Einband
Tapa blanda
Anzahl der Seiten
109
Herausgeber
Bhatti M Ishaq, Bodla Mahmood Ahmad
Kontakt zum Hersteller
Nicht verfügbar
Verantwortliche Person
Nicht verfügbar