Econometrics

Author: Zhao Guoqing
Publisher:
Publish Date: 2005-01-01
Features: This book aims to help students understand the concept of econometric models and master commonly used econometric models. It also explores the role and function of econometric models in analyzing economic issues and assisting in decision-making. The book trains students in quantitative basic skills through various economic problems, enhances their mathematical analysis abilities, and particularly cultivates their research capabilities and comprehensive analytical skills for different economic issues. This book not only introduces the fundamental theories of econometrics but also trains students to participate in the entire process of econometric modeling, enabling them to better apply econometric methods and techniques to solve practical problems in the future. As a textbook for undergraduate econometrics courses in economics, it covers a broader range of content compared to general introductory econometrics textbooks. Specifically, it includes topics such as the construction of the F-test for changes, distributed lag models, discrete choice models, limited dependent variable models, panel data analysis, unit root tests and cointegration analysis of economic variables. These are considered essential components for undergraduate econometrics. The book applies econometric methods to numerous domestic and international economic cases, providing detailed discussions on both the statistical interpretation of estimation results and their economic implications. Key examples include the consumption function, Phillips curve, production function, import function, Klein model, and error correction model (ECM).