Building Better Econometric Models Using Cross Section and Panel Data

Jeffrey A. Edwards

ISBN 10: 1606499742 / ISBN 13: 9781606499740

Verlag: MP-BEP Business Expert Press, 2014

New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers FW-9781606499740

Inhaltsangabe:

Many empirical researchers yearn for an econometricmodel that better explains their data. Yet these researchersrarely pursue this objective for fear of thestatistical complexities involved in specifying thatmodel. This book is intended to alleviate those anxietiesby providing a practical methodology that anyonefamiliar with regression analysis can employamethodology that will yield a model that is both moreinformative and is a better representation of the data.This book outlines simple, practical proceduresthat can be used to specify a model that better explainsthe data. Such procedures employ the use ofpurely statistical techniques performed upon a publiclyavailable data set, which allows readers to followalong at every stage of the procedure. Using theeconometric software Stata (though most other statisticalsoftware packages can be used as well), thisbook demonstrates how to test for model misspecificationand how to respecify these models in a practicalway that not only enhances the inference drawnfrom the results, but adds a level of robustness thatcan increase the researchers confidence in the outputgenerated. By following this procedure, researcherswill be led to a better, more finely tuned empiricalmodel that yields better results.

Über die Autorin bzw. den Autor: Dr. Jeffrey A. Edwards is a Professor of Economics at North Carolina Agricultural and Technical State University. He is the author of dozens of publications, an editor of the Economics Collection at Business Expert Press, an assistant editor for the Journal of Economics (MVEA), and sits on the advisory board for Applied Econometrics and International Development. He has a PhD in Economics with a field major in Econometrics.

Bibliografische Details

Titel: Building Better Econometric Models Using ...
Verlag: MP-BEP Business Expert Press
Erscheinungsdatum: 2014
Einband: PAP
Zustand: New