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Financial Economics 1 Production Economics 1 Research Methods/ Statistical Methods 1 Stochastic coefficients 1 aggregation 1 classical logic 1 evidential interpretation 1 fixed coefficients 1 probabilistic logic 1
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Free 1
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Article 1
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Undetermined 1
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Conway, Roger K. 1 LeBlanc, Michael 1 Swamy, P.A.V.B. 1
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Journal of Agricultural Economics Research 1
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RePEc 1
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The Stochastic Coefficients Approach to Econometric Modeling Part I: A Critique of Fixed Coefficients Models
Swamy, P.A.V.B.; Conway, Roger K.; LeBlanc, Michael - In: Journal of Agricultural Economics Research (1988) 2
Stochastic coefficients models can provide accurate agricultural secto forecasts and useful policy analysis Coefficient variation may occur for many reasons including aggregating over micro units, omitting variable, using an incorrect functional form, and allowing for a dynamic economic theory...
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