System of Equations

Hubert Gatignon ()
Additional contact information
Hubert Gatignon: INSEAD, The Business School for the World

Chapter Chapter 6 in Statistical Analysis of Management Data, 2010, pp 151-185 from Springer

Abstract: Abstract In this chapter, we consider the case where several dependent variables are explained by linear relationships with other variables. Independent analysis of each relationship by ordinary least squares Ordinary Least Squares OLS could result in incorrect statistical inferences either because the estimation is not efficient (a simultaneous consideration of all the explained variables may lead to more efficient estimators for the parameters) or may be biased in cases where the dependent variables influence each other.

Keywords: Covariance Matrix; Exogenous Variable; Endogenous Variable; Efficient Estimator; Strategic Management Journal (search for similar items in EconPapers)
Date: 2010
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:sprchp:978-1-4419-1270-1_6

Ordering information: This item can be ordered from
http://www.springer.com/9781441912701

DOI: 10.1007/978-1-4419-1270-1_6

Access Statistics for this chapter

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