Econometric Model Evaluation

Richard S. Ridge, Gary A. Stern and Ronald K. Watts
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Richard S. Ridge: Engineering, Planning and Research Demand Planning Group Southern California Edison Company
Gary A. Stern: Engineering, Planning and Research Demand Planning Group Southern California Edison Company
Ronald K. Watts: Engineering, Planning and Research Demand Planning Group Southern California Edison Company

Evaluation Review, 1990, vol. 14, issue 3, 308-314

Abstract: The problem associated with evaluating an econometric model using values outside those used in the model estimation is illustrated in the evaluations of a residential load management program during each of two successive years. The analysis reveals that unless attention is paid to this problem, reduction estimates can be nearly twice those reasonably expected.

Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:sae:evarev:v:14:y:1990:i:3:p:308-314

DOI: 10.1177/0193841X9001400306

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