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Applications of Classical and Simultaneous Equations Techniques and Related Problems

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Econometrics

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

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Abstract

In this chapter we shall examine some applications of the techniques developed earlier and discuss some of the problems arising in such applications. We shall be led to consider inter alia certain elementary aspects of specification error theory, the relevance of canonical correlations in appraising the “goodness of fit” of simultaneous equations systems, and the application of principal component theory in the estimation of economy-wide (large) econometric models.

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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). Applications of Classical and Simultaneous Equations Techniques and Related Problems. In: Econometrics. Springer Study Edition. Springer, New York, NY. https://doi.org/10.1007/978-1-4613-9383-2_5

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  • DOI: https://doi.org/10.1007/978-1-4613-9383-2_5

  • Publisher Name: Springer, New York, NY

  • Print ISBN: 978-0-387-90095-7

  • Online ISBN: 978-1-4613-9383-2

  • eBook Packages: Springer Book Archive

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