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Estimation of Simultaneous Equations Systems

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Econometrics

Part of the book series: Springer Study Edition ((SSE))

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Abstract

A certain class of estimators for the parameters of a simultaneous equations (S.E.) system can be shown to have an interpretation as an ordinary least squares (OLS) estimator. In view of this fundamental unity of estimation procedures, it would be desirable at this stage to review carefully the estimation problem in the context of the general linear model and some of its (straightforward) extensions.

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Authors and Affiliations

  1. Columbia University, USA

    Phoebus J. Dhrymes (Professor of Economics)

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  1. Phoebus J. Dhrymes
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© 1974 Springer-Verlag New York Inc

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Dhrymes, P.J. (1974). Estimation of Simultaneous Equations Systems. In: Econometrics. Springer Study Edition. Springer, New York, NY. https://doi.org/10.1007/978-1-4613-9383-2_4

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  • DOI: https://doi.org/10.1007/978-1-4613-9383-2_4

  • Publisher Name: Springer, New York, NY

  • Print ISBN: 978-0-387-90095-7

  • Online ISBN: 978-1-4613-9383-2

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