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Unformatted text preview: (Condensed to unrelated regression (SUR). I am providing you with the Intro- one page) duction (page 348) and Conclusion (page 363) of his classic paper. These pages state the specific conditions under which SUR estimates lead to gains in efficiency relative to OLS. BM 106-108 Deriving the variance of the SUR estimator for eventual com- parison with the variance of the OLS estimator BM 109 Comparing variances of regression coefficients between OLS and SUR models Kmenta 639-643 . Original source for BM pages 106-109. (Condensed to . These pages specify the precise conditions under which two pages) SUR leads to gains in efficiency relative to OLS. . Note that these pages support Zellner pages 348 and 363....
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This note was uploaded on 12/08/2011 for the course ECON 703 taught by Professor Bernardmorzuch during the Fall '10 term at UMass (Amherst).
- Fall '10