Seemingly Unrelated Regression Equations for Developing a Pavement Performance Model

Ciro Caliendo, Maurizio Guida and Emiliana Pepe

Modern Applied Science, 2015, vol. 9, issue 13, 199

Abstract: The paper presents a joint analysis of some pavement performance indicators based on a system of seemingly unrelated regression equations (SURE) which allows to handle correlated error terms. In particular, three major indicators such as the side friction coefficient (SFC20°C), mean-profile depth (MPD), and international roughness index (IRI), were measured in a case study and subsequently used in analysis. Regression parameters were estimated by the Maximum Likelihood Method and the t-statistic was considered to show the statistical significance of regression coefficients. The results show that estimation points have the signs expected- the SFC20°C decreases as the number of accumulated trucks (Nt) increases; whereas the MPD and IRI increase as the number of trucks increases. A likelihood ratio test was also carried out to determine whether the system model, which assumes correlation among error terms, was more appropriate than separate models. In this particular case, with three degrees of freedom, was found that the result corresponds to a p-value 0.150 and the null hypothesis cannot be rejected at any significance level less than this value.

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ibn:masjnl:v:9:y:2015:i:13:p:199

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