Applications of Econometrics: Empirics of Limited Dependent Variable, Time Series, and Panel Data Methods

by T. Lakshmanasamy

Overview

Understanding the intricacies and nuances of econometric methods and their applications is an art that comes with sustained learning with practice only. Even more challenging is the grasping of empirical knowledge in the identification of appropriate technique, nature and quality of data and drawing meaningful inferences. In the ever increasing horizon of new techniques, knowledge of efficient and consistent methods of estimation of causal economic relationship is a great learning process for a researcher that comes with practical experience only. The papers in this volume attempt to unravel the issues involved in the applications of econometric methods. With strong economic theories, varied datasets and powerful econometric methods, this book analyses the underlying data issues, identification of estimation methods, empirical analyses and draws inferences for many economic problems. The econometric methods that comprise this book are time series, qualitative response variable, and panel data methods. This volume demonstrates the comprehensive nature of econometric applications that are at the heart of any empirical study and highlight the appropriateness of quantitative analysis for inferences from data valued for policy making. This book is intended to be a reference guide for a rigorous quantitative analysis and applications of econometric methods.

Product Details

ISBN-13:	9789353249007
Publisher:	Arts & Science Academic Publishing
Publication date:	06/30/2020
Sold by:	Barnes & Noble
Format:	eBook
Pages:	428
File size:	31 MB
Note:	This product may take a few minutes to download.

About the Author

Dr. T. Lakshmanasamy is Professor and Head of the Department of Ec ono m etrics, University of Madras. He obtained M.A. degree in Economics in 1982 and Doctorate degree in Econometrics in 1988 from the University of Madras. He was awarded the Rockefeller Foundation Special Post Doctoral Fellowship in 1992 for research at the University of Southern California, Los Angeles, USA. He has visited the University of South Pacific, Suva, Fiji Islands in 2005 and was invited by the International Union for the Scientific Study of Population for the 26th International Population Conference at Marrakech, Morocco in 2009 and for the 27th International Population Conference at Busan, South Korea in 2013. His research works are on the economic methodology and applied econometrics of development, population, human resources, household behaviour, social networks, happiness, behavioural economics, neuroeconomics, and genoeconomics. He has published ten books on the Methodology of Applied Economic Research, Economics of Human Behaviour, Population Dynamics and Human Development, Economics of Household Non-Market Behaviour, Economics of Growth, Inequality, Institutions and Development, Applied Microeconometrics of Human Decisions, New and Evolving Economics, Econometrics of Networks and Efficiency, Econometric Applications, and Applications of Econometrics. He has published more than 100 research papers in leading journals and contributed over 60 chapters for books. He has presented research papers in 25 international and in more than 100 national conferences and seminars. His research works quantitatively analyse economic and social issues using a variety of theory and econometric methods. His econometric works on discrimination and social issues, household decision making, and efficiency analysis are widely quoted