Non-Nested Regression Models

ISBN 10: 1624177700 / ISBN 13: 9781624177705

Verlag: Nova Science Publishers Inc, 2013

Non-Nested Regression Models | Taschenbuch | Kartoniert / Broschiert | Englisch | 2013 | Nova Science Publishers Inc | EAN 9781624177705 | Verantwortliche Person für die EU: preigu GmbH & Co. KG, Lengericher Landstr. 19, 49078 Osnabrück, mail[at]preigu[dot]de | Anbieter: preigu. Bestandsnummer des Verkäufers 133449271

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.

Bibliografische Details

Titel: Non-Nested Regression Models
Verlag: Nova Science Publishers Inc
Erscheinungsdatum: 2013
Einband: Taschenbuch
Zustand: Neu