A note on simultaneous equation estimation techniques applications with a regional econometric model

A large-scale regional econometric model is estimated using six estimation techniques, including Iterated Instrumental Variables and Iterated Two-Stage Least-Squares. Following estimation the model is simulated and a seventh technique called PANGLOSS is derived. The seven techniques are then compare...

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Veröffentlicht in:Regional science and urban economics 1976-09, Vol.6 (3), p.275-287
1. Verfasser: Glickman, Norman J.
Format: Artikel
Sprache:eng
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Zusammenfassung:A large-scale regional econometric model is estimated using six estimation techniques, including Iterated Instrumental Variables and Iterated Two-Stage Least-Squares. Following estimation the model is simulated and a seventh technique called PANGLOSS is derived. The seven techniques are then compared in ex post and ex ante tests.
ISSN:0166-0462
1879-2308
DOI:10.1016/0166-0462(76)90003-X