Estimation Methods

  • D. W. Challen
  • A. J. Hagger


Once a KK system has been fully specified the next task is to replace the unknown parameters which appear in its behavioural relationships with actual numbers. The process by which this task is completed is known as estimation. Many methods are available for undertaking the estimation job and the next three chapters are concerned in one way or another with these methods.


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References and further reading

  1. Basmann, R. L. (1974) ‘Exact Finite Sample Distributions for Some Econometric Estimators and Test Statistics: A Survey and Appraisal’, in M. D. Intriligator and D. A. Kendrick (eds), Frontiers of Quantitative Economics, vol. 11, North-Holland, Amsterdam.Google Scholar
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  19. Phillips, P. C. B. and Wickens, M. R. (1978) Exercises in Econometrics, Philip Allan, Oxford.Google Scholar
  20. Salmon, M. H. and Eaton, J. R. (1975) ‘Estimation Problems in Large Econometric Models: An Application of Various Estimation Techniques to the London Business School Model’, in G. A. Renton (ed.), Modelling the Economy, Heinemann, London.Google Scholar
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Copyright information

© D.W. Challen and A.J. Hagger 1983

Authors and Affiliations

  • D. W. Challen
  • A. J. Hagger

There are no affiliations available

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