WHEAT PRODUCTION ANALYSIS BY USING ECONOMETRIC MODELS

Econometric Analysis Using Panel Data

Introduction Different types of data are generally available for empirical analysis, namely, time series, cross section, and panel. A data set containing observations on a single phenomenon observed over multiple time periods is called time series (e.g., GDP for several quarters or years). In time series data, both the values and the ordering of the data points have meaning. In cross-section da...

Econometric Analysis of Models with Social Interactions

On the Qualitative Analysis of Econometric Models

In this paper, I review a number of techniques which are based on the qualitative features of an econometric model (presence of a variable in a relationship .) The issues addressed span from the reconstruction of the theoretical structure behind the model speciication (which is oftentimes lost as the size of the model increases) to the possibility of reordering the equations aimed at achieving ...

Dynamic Econometric Models Bayesian Analysis of Polish Inflation Rates Using Rca and Gll Models *

An extensive discussion of the empirical evidence of changes in the time series properties of inflation was provided in Cecchetti, Hooper, Kasman, Schoenholtz, and Watson (2007). In their paper they used an unobserved component model with stochastic volatility to characterize inflation and AR model with time varying coefficients and stochastic volatility to describe the growth of real GDP. Thes...

Dynamic Econometric Models

K e y w o r d s: Family of Sign RCA Models, Value at Risk, backtesting, loss function.