Simultaneous equation estimation from undersized samples

Denzil Fiebig, Sartaj A. Kidwai and Henri Theil

Statistics & Probability Letters, 1983, vol. 1, issue 5, 229-232

Abstract: In simultaneous equation theory a sample is said to be undersized when it is smaller than the number of exogenous variables. The sample moment matrix of these variables is then singular, but equations can nevertheless be estimated when different moments (hybrid moments based on the Theil-Laitinen maximum entropy distribution) are used. Here we evaluate the adequacy of the asymptotic standard errors formulated in terms of such moments.

Keywords: Entropy; exogenous; variables; simultaneous; equations (search for similar items in EconPapers)
Date: 1983
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/0167-7152(83)90036-6
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:stapro:v:1:y:1983:i:5:p:229-232

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

Access Statistics for this article

Statistics & Probability Letters is currently edited by Somnath Datta and Hira L. Koul

More articles in Statistics & Probability Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().