Econometric model, Econometrics

Provide a clear statement of the research topic and the underlying relationship that you are modeling. Identify the dependent variable and the independent variables (minimum of 3 independent variables) in your model. Write an equation to specify this model.  Explain the theoretical underpinnings of the model you have specified. Why is it important to study/research the relationship described by the model? Who do you think should be interested in the results?  Based on the theory, explain how each independent variable is expected to affect the dependent variable (i.e., the expected signs for the slope parameters in the model).

Describe how all the variables are defined.

If there are any explanatory variables that are qualitative in nature, define the dummy (or binary) variables that can be used to incorporate these factors into the model.

Explain what type of data you would use to estimate the model - time series, cross-section, or panel data.

Posted Date: 4/1/2013 1:51:26 AM | Location : United States







Related Discussions:- Econometric model, Assignment Help, Ask Question on Econometric model, Get Answer, Expert's Help, Econometric model Discussions

Write discussion on Econometric model
Your posts are moderated
Related Questions
The following regression was estimated to explain the inflation rate in the USA.  The data set contains annual observations from 1970 to 2010.       Inft  =  2500 +   50*Xt  +

I have a project and I need help with the writing. I have the data and the SPSS regression, park test

write a term paper on modelling and multicollinearity

what is indirect utility function?

(a) Explain what is meant by the term regression. (b) Describe the justification for the inclusion of a disturbance term in a regression analysis. (c) With appropriate exa

examples of economic relationships

Choose Y and X variables to model on the Household and the Environment Survey 2006. Using Ox software to write a program to do estimation, and then write a report based on the an

Over the next two years, Susan's income will be $33,000 in the first year and $33,000 in the second year. She can both borrow and lend money at the 10% of annual interest. (a) W

Factor that affect the volume of production

Problem 1. Consider the demand function Q(p 1 , p 2 , y) = p 1 -2 p 2 y 3 , where Q is the demand for good 1, p 1 is the price of good 1, p 2 is the price of good 2 and y is t