Theil, Henri - In: Handbook of econometrics : volume 1, (pp. 3-65). 1983
tools for the statistical component of econometrics; another reason is the increased use of matrix algebra in the economic … methods is that many topics in econometrics have a multivariate character. The chapter illustrates the convenience of matrices … linear systems only. Vectors and matrices are important in the statistical component of econometrics. A general method of …