Dummy or Control Variables and Additional Tests
Alexis Lazaridis
Chapter 3 in Dynamic Systems in Management Science, 2015, pp 82-101 from Palgrave Macmillan
Abstract:
Abstract We’ll see next the use of variables taking the value 1 or 0 (zero) as explanatory variables. Usually, but not necessarily these variables are denoted with the letter d. Note also that the situation or category marked with zero plays the role of the reference category.
Keywords: Negative Autocorrelation; General Multivariate Linear Model; Seasonal Dummy; Autocorrelation Problem; Average Spending (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-50892-8_3
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DOI: 10.1057/9781137508928_3
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