Model Implementation and Testing

Sarit Maitra ()
Additional contact information
Sarit Maitra: Alliance University

Chapter Chapter 5 in A Practical Guide to Static and Dynamic Econometric Modelling, 2025, pp 73-132 from Springer

Abstract: Abstract In this chapter we translate the theoretical concepts from earlier chapters into practical application by developing and evaluating multiple regression models. The objective is to expand our theoretical knowledge into empirical analysis by implementing CAPM and APT followed by various statistical analysis. Each model undergoes a series of diagnostic checks, including multicollinearity assessment, linearity verification, residuals versus fitted plots, tests for homoscedasticity, and analysis of error independence. These diagnostic procedures are critical to ensure the validity and robustness of the regression outcomes. This chapter serves as a bridge between theory and real-world data analysis, reinforcing the value of rigorous statistical methods in economic and financial research.

Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:conchp:978-3-031-86862-7_5

Ordering information: This item can be ordered from
http://www.springer.com/9783031868627

DOI: 10.1007/978-3-031-86862-7_5

Access Statistics for this chapter

More chapters in Contributions to Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().