The Cambridge Multisectoral Dynamic Model
Book Details
Format
Hardback
Book Series
Cambridge Studies in Applied Econometrics
ISBN-10
0521330041
ISBN-13
9780521330046
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Apr 28th, 1988
Print length
532 Pages
Weight
725 grams
Dimensions
22.90 x 15.20 x 3.30 cms
Product Classification:
Microeconomics
KSh 25,750.00
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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.
This 1998 book presents the econometric analysis of single-equation 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 (those for which a suitable category can be found but where no actual measurement exists) or truncated (those that can be observed only in certain range). Such variables are involved, for example, in models of occupational choice, choice of tenture in housing, and choice of type of schooling. Models with regulated prices and rationing and models for program evaluation also represent areas of application for the techniques presented by the author.
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