Building Better Econometric Models Using Cross Section and Panel Data

Many empirical researchers yearn for an econometricmodel that better explains their data. Yet these researchersrarely pursue this objective for fear of thestatistical complexities involved in specifying thatmodel. This book is intended to alleviate those anxietiesby providing a practical methodology that anyonefamiliar with regression analysis can employ-amethodology that will yield a model that is both moreinformative and is a better representation of the data.This book outlines simple, practical proceduresthat can be used to specify a model that better explainsthe data. Such procedures emplo