Advanced Econometrics
Advanced Econometrics

Author: Takeshi Amemiya

Publisher: Harvard University Press

Published: 1985-11-07

Total Pages: 540

ISBN-13: 0674251954

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Advanced Econometrics is both a comprehensive text for graduate students and a reference work for econometricians. It will also be valuable to those doing statistical analysis in the other social sciences. Its main features are a thorough treatment of cross-section models, including qualitative response models, censored and truncated regression models, and Markov and duration models, as well as a rigorous presentation of large sample theory, classical least-squares and generalized least-squares theory, and nonlinear simultaneous equation models. Although the treatment is mathematically rigorous, the author has employed the theorem-proof method with simple, intuitively accessible assumptions. This enables readers to understand the basic structure of each theorem and to generalize it for themselves depending on their needs and abilities. Many simple applications of theorems are given either in the form of examples in the text or as exercises at the end of each chapter in order to demonstrate their essential points.

Higher Education: Handbook of Theory and Research
Higher Education: Handbook of Theory and Research

Author: J.C. Smart

Publisher: Springer Science & Business Media

Published: 2006-03-30

Total Pages: 635

ISBN-13: 140203279X

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Published annually since 1985, the Handbook series provides an authoritative compendium of thorough and integrative literature reviews on a diverse array of topics of interest to the higher education scholarly and policy communities.

Household Demand for Consumer Goods in Developing Countries
Household Demand for Consumer Goods in Developing Countries

Author: Eliyathamby A. Selvanathan

Publisher: Taylor & Francis

Published: 2022-11-04

Total Pages: 333

ISBN-13: 0429578091

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This book analyses the household demand for consumer goods using a diverse database, consisting of 45 developed and developing countries. Household consumption patterns have undergone dramatic changes due to rapid economic growth, increasing household income and changing demographics. Using the most recent data available and the latest econometric techniques, the authors model demand for 12 different commodities such as food, alcohol and tobacco, housing, health, transport, health communication, and recreation and provide insightful comparisons of consumption patterns in developed and developing countries. The analysis presented in this book highlights valuable policy insights for planning government budgetary allocations and implementing policies towards an enhanced standard of living for people. The book also provides some important guidance for researchers interested in the theory and empirical application of the analysis of consumer demand.

The Generalized Fechner-Thurstone Direct Utility Function and Some of its Uses
The Generalized Fechner-Thurstone Direct Utility Function and Some of its Uses

Author: R.L. Basmann

Publisher: Springer Science & Business Media

Published: 2013-11-09

Total Pages: 161

ISBN-13: 1468494015

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In this book the foundations and applicability of the Generalized Fechner-Thurstone Utility Function are laid out. It is shown how by removing the constraint of fixed preferences in the neoclassical consumer theory, utility theory can be used to develop non-parametric indices along with elasticities of the marginal rates of substitutions. It is also shown that whereas the existence of a fixed preference utility function is not always guaranteed for different demand functions, there will always exist at least one Generalized Fechner-Thurstone Direct Utility Function. Furthermore, analysis using the Fechner-Thurstone Direct Utility Function is clear and simple and does not rely on ad hoc Taylor expansions. The construction of different true-cost-of-living indices, the comparison of North American consumers, and a habit formation model are developed to show the usefulness of the Generalized Fechner-Thurstone Direct Utility Function.