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  • Search: subject:"small-distrurbance asymptotics"
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Elasticity 1 bias 1 small-distrurbance asymptotics 1
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Free 1
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Book / Working Paper 1
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English 1
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Giles, David E. 1 Qian, Chen 1
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Department of Economics, University of Victoria 1
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Econometrics Working Papers 1
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RePEc 1
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The Bias of Elasticity Estimtors in Linear Regression: Some Analytic Results
Qian, Chen; Giles, David E. - Department of Economics, University of Victoria - 2005
Using small-disturbance expansions, we derive analytic expressions for the bias of the OLS estimator an elasticity in a linear model, both at an individual sample point and at the sample mean. The magnitudes of these biases are illustrated with Australian expenditure data.
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