The Cambridge Multisectoral Dynamic Model: 5 (Cambridge Studies in Applied Econometrics, Series Number 5) - Hardcover

Edited By Terry Barker , William Peterson

Hardcover

ISBN 10: 0521330041 ISBN 13: 9780521330046

Publisher: Cambridge University Press, 1988

Synopsis

An econometric 1998 analysis of single and simultaneous-equation models where the jointly dependent variables can be continuous, categorical, or truncated.

About this title

Review

'The book does an excellent job of surveying its chosen topics ... such a comprehensive treatment as this book provides has previously been lacking. Thus the book fills an important gap in the literature. It will no doubt be widely read and used. It should be useful both to individuals interested in these topics at a theoretical level and those interested in applications. In the latter regard, an excellent feature of the book is that it contains a lot of empirical examples.' Journal of the American Statistical Association

' ... a significant contribution to the literature on limited dependent and qualitative variables. It should serve as a major reference for researchers doing empirical work with these models. It should also be useful to graduate students as well as econometric theorists.' American Journal of Agriculture Economics

'To summarise, the book contains a very useful and clearly written account of many of the aspects of the limited dependent and qualitative variable models with an extensive use of empirical examples. The econometric issues raised by the models are neatly produced without taxing the reader too greatly. There will undoubtedly be other books appearing in the near future in the same area ... he has produced a book which, by virtue of its extensive coverage, will be very hard to beat.' The Economic Journal

Book Description

This 1998 book presents the econometric analysis of single and simultaneous-equation models in which the jointly dependent variables can be continuous, categorical, or truncated. Despite the traditional emphasis on continuous variables in econometrics, many of the economic variables encountered in practice are categorical or truncated.

Edition details

• Publisher: Cambridge University Press
• Publication date: 1988
• Language: English
• ISBN 10: 0521330041
• ISBN 13: 9780521330046
• Binding: Hardcover
• Number of pages: 532