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This paper proposes and explores the use of a partially adaptive estimation technique to improve the reliability of the inferences made from multiple regression models when the dependent variable is not normally distributed. The relevance of this technique for agricultural economics research is...
Persistent link: https://www.econbiz.de/10005460298
This article proposes using an expanded form of the Johnson S family as a way to approximate nonnormal distributions in regression models. The distribution is one of the few that allows modeling heteroskedasticity and autocorrelation. The technique is evaluated with Monte Carlo simulation and...
Persistent link: https://www.econbiz.de/10014074971