Basic EconometricsGujarati's Basic Econometrics provides an elementary but comprehensive introduction to econometrics without resorting to matrix algebra, calculus, or statistics beyond the elementary level. Because of the way the book is organized, it may be used at a variety of levels of rigor. For example, if matrix algebra is used, theoretical exercises may be omitted. A CD of data sets is provided with the text. |
Other editions - View all
Common terms and phrases
$1 million increase 12-month average â₁ â₂ ADJUSTED R² autocorrelation B₁ B₂ COEFFICIENT B₂X Box-Jenkins C₁ coefficient is statistically collinearity critical F critical t statistic Definition 19.2 dependent variable Dickey-Fuller different from zero disposable income dummy variable Durbin-Watson statistic elasticity equation equipment in manufacturing estimated coefficient estimation results explanatory variables F statistic F test first-differences fixed plant function gross domestic product heteroscedasticity homoscedastic identifiablility from Definition inflation intercept lagged linear M₁ model explains multicollinearity natural logarithm null hypothesis order condition test Overidentified parameters plant and equipment problem real price regression results reject the null residuals resulting t statistics sample SAT scores serial correlation slope coefficient specification ẞ₁ ẞ₂ standard errors statistically different statistically significant STD ERROR t-STATISTIC test for identifiablility test statistic trust the standard u₁ variance variation X₁ Y₁ α₁ ΣΥ ΣΧ