INTRODUCTION TO ECONOMETRICS II
ECO 306
NOUN
117
uis distributed independently of
An investigator has data on Y and X (but not on
) fora cross-section of firms in the industry. Describe the problems that would be encountered if OLS were used to estimate
and
, regressing Y on X.
4.1.7.0 REFERENCES FURTHER READING
Dougherty, C. (2007). Introduction to econometrics. Oxford University Press, USA
Dominick, S, & Derrick, R. (2002).Theory and problems of statistics and
econometrics.Schaum‟s Outline Series. N Gujaratti, D. (2004). Basic econometrics. McGraw-Hill, New York. Stock, J. H, & Watson, MW. (2015).Introduction to econometrics. Pearson.
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