Introductory Econometrics ECON2206 Slides01 Lecturer: Minxian Yang ie_Slides01 my‚ School of Economics‚ UNSW 1 About the Course • Staff There will be no lecture in Week 7. – Lecturer: Minxian Yang – Tutors: see Tutorial Contacts • Required textbook – Wooldridge‚ J.M. (2009)‚ Introductory Econometrics: A Modern Approach‚ 4th Edition‚ South-Western • Assessment – Two tutorial assignments (weeks 5 & 12): 20% – One course project (week 9): 20% – Final exam: 60%
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sectional data‚ Ordinary Least Squares (OLS) method and assume that all OLS assumptions hold (see Wooldridge‚ 2002). The outline of the paper will be as following. In part 2‚ I give brief description of the variables. In part 3‚ I run the regression designed to estimate the impact of the spending in the healthcare sphere on the mortality rate. In
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ECON 3208/3291 Econometric Methods Tutorial 1 (tutorials to be held in week 2) The purpose of the following problem is to review some of the essential material covered in the Intro course. In an attempt to better understand the determinants of tobacco demand‚ consider the following specification of a demand function for daily cigarette consumption: CIGSi = β1 + β2 LINCOMEi + β3 LPRICEi + β4 EDUCi + β5 AGEi + β6 AGESQi + ui where i denotes individuals. This model is estimated using a sample
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semilogarithmic equations’‚ American Economic Review‚ Henkel‚ R. E. (1976) Test of Significance‚ Sage Publications‚ Newbury Park‚ CA. Israeli‚ A. A. (2002) ‘Star rating and corporate affiliation: their influence on room price and Jeffrey‚ M. Wooldridge (2000) Introductory Econometrics. A Modern Approach‚ South-Western College Publishing‚ USA. Lancaster‚ K. J. (1966) ‘A new approach to consumer theory’‚ Journal of Political Economy‚ Journal of Revenue and Pricing Management Vol. 5‚ 4 315–323 & 2007 Palgrave Macmillan
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Interaction between qualitative variables. Interaction between quantitative and qualitative variables. Dummies for testing for the presences of Seasonal Trends. Main Readings 1. Christopher Dougherty‚ Introductory Econometrics 3rd Edition Oxford University Press (2007) 2. Gujarati ‚ Damodar : Basic Econometrics ‚ 3rd edition Mc.Graw Hill‚
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1. Introduction * Explain how it is possible to estimate the partial effect of the exogenous variables‚ even if ceteris paribus assumption is false. We can estimate the partial effect of the exogenous variables‚ even if ceteris paribus assumption is false. It is possible by estimating parameters of the linear model. It let us get results‚ which we could obtain by comparing observations which do differ in values of one explanatory variable. That way we can estimate the effect on variable yicausedby
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of Nigeria (CBN) Statistical Bulletin‚ Federal Inland Revenue Service (FIRS)‚ Office of the Accountant General of the Federation‚ and other relevant government agencies. The data collected were analysed using relevant descriptive statistics and econometric models such as White test‚ Ramsey RESET test‚ Breusch Godfrey test‚ Jacque Berra test‚ Augmented Dickey Fuller test‚ Johansen test‚ and Granger Causality test. The results from the various test shows that tax reforms is positively and significantly
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required to read and analyze several empirical journal articles; gather and analyze data in assignments; and develop and test their own economic models in a final small-group project. Required readings and other materials: Introductory Econometrics‚ by Jeffrey M. Wooldridge (4th edition). Please note: I do not recommend that students purchase international editions or earlier editions of the textbook. Some of the material differs in these editions‚ including some of the end-of-chapter problems
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The determinants of non-performing loans: an econometric case study of Guyana[1] Tarron Khemraj Assistant Professor of Economics New College of Florida Sukrishnalall Pasha Lecturer University of Guyana ABSTRACT The study attempts to ascertain the determinants of non-performing loans in the Guyanese banking sector using a panel dataset and a fixed effect model similar to Jimenez and Saurina (2005). Consistent with international evidence we find that the real effective exchange
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Globalization can be defined as the ability to easily transfer goods and services‚ money‚ people‚ and ideas between different countries around the world (Dickerson & Flanagan‚ 2006). In their article‚ “The Globalization Backlash‚” Micklethwait and Wooldridge (2001) addresses many of the concerns with globalization. They present their approval for this phenomenon by rejecting various arguments against it‚ stating that‚ in general‚ globalization is beneficial for everyone. This paper‚ on the other
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