Essentials of Econometrics

by Gujarati, Damodar; Porter, Dawn

• ISBN13: 9780073375847
• ISBN10: 0073375845
• Edition: 4th
• Format: Hardcover
• Copyright: 2009-05-12
• Publisher: McGraw-Hill Education

Summary

The primary objective of the fourth edition of Essentials of Econometrics is to provide a user-friendly introduction to econometric theory and techniques. This text provides a simple and straightforward introduction to econometrics for the beginner. The book is designed to help students understand econometric techniques through extensive examples, careful explanations, and a wide variety of problem material. In each of the editions, I have tried to incorporate major developments in the field in an intuitive and informative way without resort to matrix algebra, calculus, or statistics beyond the introductory level. The fourth edition continues that tradition.

Table of Contents

The Nature and Scope of Econometrics

The Linear Regression Model

Basic Ideas of Linear Regression

The Two-Variable Model: Hypothesis Testing

Multiple Regression: Estimation and Hypothesis Testing

Functional Forms of Regression Models

Dummy Variable Regression Models

Regression Analysis in Practice

Model Selection: Criteria and Tests

Multicollinearity: What Happens if Explanatory Variables are Correlated?

Heteroscedasticity: What Happens if the Error Variance is Nonconstant?

What Happens if Error Terms are Correlated?

Advanced Topics in Econometrics

Simultaneous Equation Models

Selected Topics in Single-Equation Regression Models

Appendices

Introduction: Basics of Probability and Statistics

Review of Statistics: Probability and Probability Distributions

Characteristics of Probability Distributions

Some Important Probability Distributions

Statistical Inference: Estimation and Hypothesis Testing

Statistical Tables

Computer Output of EViews, Minitab, Excel, and STATA

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