the aim of this work is to estimate the structural parameters of a simultaneous equation system using both the Limited and Full Information Least Orthogonal Distance Estimator (Pieraccini, 1988; Naccarato, 2007). We compare the results - via simulation experiments – of LODE estimates with those obtained by other methods (Maximum Likelihood, Least Squares). LODE estimators appear to be unbiased and (nearly always) more efficient.
Naccarato, A., Zurlo, D. (2008). Least Orthogonal Distance Estimation of simultaneous equation: a simulation experiments.
Least Orthogonal Distance Estimation of simultaneous equation: a simulation experiments
NACCARATO, ALESSIA;
2008-01-01
Abstract
the aim of this work is to estimate the structural parameters of a simultaneous equation system using both the Limited and Full Information Least Orthogonal Distance Estimator (Pieraccini, 1988; Naccarato, 2007). We compare the results - via simulation experiments – of LODE estimates with those obtained by other methods (Maximum Likelihood, Least Squares). LODE estimators appear to be unbiased and (nearly always) more efficient.File in questo prodotto:
Non ci sono file associati a questo prodotto.
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
