In several instances in economics, one needs to estimate a set of equations. This could be a set of demand equations, across different sectors, industries, or regions. Other examples include the estimation of a translog cost function along with the corresponding cost share equations.

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Seemingly Unrelated Regressions with Error Components

  • Badi H. Baltagi

摘要

In several instances in economics, one needs to estimate a set of equations. This could be a set of demand equations, across different sectors, industries, or regions. Other examples include the estimation of a translog cost function along with the corresponding cost share equations.