A STRUCTURAL-EQUATION GME ESTIMATOR

A generalized maximum entropy estimator is developed for the linear simultaneous equations systems model. We provide results on large and small sample properties of the estimator. Empirical results illustrate efficiency advantages of the generalized maximum entropy estimator proposed in this study over traditional estimators (e.g., 2SLS and 3SLS).

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Year of publication:	1998
Authors:	Marsh, Thomas L. ; Mittelhammer, Ronald C. ; Cardell, N. Scott
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Research Methods/ Statistical Methods

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Extent:	application/pdf
Series:	1998 Annual meeting, August 2-5, Salt Lake City, UT.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 1998 Annual meeting, August 2-5, Salt Lake City, UT Number 20890
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005807297