Diagnostic Testing in Applied Econometrics
AbstractEconomic policy formation and the development of economic theory both rely ultimately upon empirical analysis for their direction and sustenance. Recent contributions from economic theory suggest that the quality of the advice obtained from applied econometric research can be considerably improved by more systematic testing of empirical models. These new tests help identify both strengths and weakness of the models. Though fundamental economic theory and good knowledge of data are the primary ingredients of applied economic research, these new diagnostic tests are an important adjunct to existing methodology. This survey introduces the nonspecialist econometrician to diagnostic model testing, and throughout emphasizes the heuristic, rather than the mathematical, underpinnings of the testing strategy. Copyright 1988 by The Economic Society of Australia.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by The Economic Society of Australia in its journal The Economic Record.
Volume (Year): 64 (1988)
Issue (Month): 185 (June)
Contact details of provider:
Postal: Central Council Administration, L.P.O. Box 2161, Hawthorn VIC 3122
Phone: 61 3 9497 4140
Fax: 61 3 9497 4140
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0013-0249
More information through EDIRC
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Assaf Razin & Prakash Loungani & Chi-Wa Yuen, 2000.
"Capital Mobility and the Output-Inflation Tradeoff,"
IMF Working Papers
00/87, International Monetary Fund.
- Loungani, Prakash & Razin, Assaf & Yuen, Chi-Wa, 2001. "Capital mobility and the output-inflation tradeoff," Journal of Development Economics, Elsevier, vol. 64(1), pages 255-274, February.
- Loungani, Prakash & Razin, Assaf & Yuen, Chi-Wa, 1997. "Capital Mobility and the Output-Inflation Tradeoff," CEPR Discussion Papers 1577, C.E.P.R. Discussion Papers.
- Loungani, P. & Eazin, A. & Yuen, C.W., 1996. "Capital Mobility and the Output-Inflation Tradeoff," Papers 38-96, Tel Aviv.
- Prakash Loungani & Assaf Razin & Chi-Wa Yuen, 1997. "Capital mobility and the output-inflation tradeoff," International Finance Discussion Papers 577, Board of Governors of the Federal Reserve System (U.S.).
- Brunello, Giorgio & Colussi, Aldo, 1998.
"The employer size-wage effect: evidence from Italy,"
Elsevier, vol. 5(2), pages 217-230, June.
- Brunello, G & Colussi, A, 1997. "The Employer Size-Wage Effect : Evidence from Italy," ISER Discussion Paper 0432, Institute of Social and Economic Research, Osaka University.
- Hutasuhut, Maradoli & O'Donnell, Christopher J. & Chang, Hui-Shung (Christie) & Griffith, Garry R. & Doran, Howard E., 2000. "The Demand for Meats in Indonesia: A Censored Regression Approach," 2000 Conference (44th), January 23-25, 2000, Sydney, Australia 123666, Australian Agricultural and Resource Economics Society.
- Oczkowski, Edward, 1993.
"Price and quantity controlled agricultural markets and disequilibrium econometrics: a survey,"
Agricultural Economics: The Journal of the International Association of Agricultural Economists,
International Association of Agricultural Economists, vol. 9(1), July.
- Oczkowski, Edward, 1993. "Price and quantity controlled agricultural markets and disequilibrium econometrics: A survey," Agricultural Economics, Blackwell, vol. 9(1), pages 53-87, July.
- Martin, Will J. & Warr, Peter G., 1994. "Determinants of agriculture's relative decline: Thailand," Agricultural Economics: The Journal of the International Association of Agricultural Economists, International Association of Agricultural Economists, vol. 11(2-3), December.
- Doran, Howard E. & O'Donnell, Christopher J. & Griffith, Garry R. & Chang, Hui-Shung (Christie) & Hutasuhut, Maradoli, 2001. "The Demand for Beef in Indonesia: Implications for Australian Agribusiness," Working Papers 12915, University of New England, School of Economics.
- Sun, Ling & Fulginiti, Lilyan E. & Peterson, E. Wesley F., 1999. "Technology, Factor Endowment, Prices And The Relative Decline Of Agriculture In Taiwan," 1999 Annual meeting, August 8-11, Nashville, TN 21700, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Akinleye, S.O. & Rahji, M.A.Y., 2007. "Nutrient elasticities among Nigerian households differentiated by income," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 46(2), June.
- James A. Brander & Steve Dowrick, 1993.
"The Role of Fertility and Population in Economic Growth: Empirical ResultsFrom Aggregate Cross-National Data,"
NBER Working Papers
4270, National Bureau of Economic Research, Inc.
- Brander, James A & Dowrick, Steve, 1994. "The Role of Fertility and Population in Economic Growth: Empirical Results from Aggregate Cross-National Data," Journal of Population Economics, Springer, vol. 7(1), pages 1-25.
- McAleer, Michael, 1995. "The significance of testing empirical non-nested models," Journal of Econometrics, Elsevier, vol. 67(1), pages 149-171, May.
- Paul Cashin, 1991.
"A Model Of The Disaggregated Demand For Meat In Australia,"
Australian Journal of Agricultural and Resource Economics,
Australian Agricultural and Resource Economics Society, vol. 35(3), pages 263-283, December.
- Cashin, Paul, 1991. "A Model Of The Disaggregated Demand For Meat In Australia," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 35(03), December.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.