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The correlation between instruments and explanatory variables is a key determinant of the performance of the instrumental variables estimator. The R-squared from regressing the explanatory variable on the instrument vector is a useful measure of relevance in univariate models, but can be...
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Background: Finding trends in freight transportation activities enables businesses and policy makers to build an understanding of freight transportation patterns and their impact on logistics planning when making investments in a region's transportation infrastructure and intermodal freight...
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