1 KTEE 310 FINANCIAL ECONOMETRICS Dr TU Thuy Anh Faculty of International Economics MULTIPLE REGRESSION ANALYSIS ESTIMATION Chap 6 – S & W ThiN ga nH an g co m ThiNganHang com MULTIPLE REGRESSION WITH[.]
an g co m KTEE 310 FINANCIAL ECONOMETRICS ga nH MULTIPLE REGRESSION ANALYSIS: ESTIMATION Chap – S & W Th iN Dr TU Thuy Anh Faculty of International Economics ThiNganHang.com MULTIPLE REGRESSION WITH TWO EXPLANATORY VARIABLES: EXAMPLE an g co m Q = b1 + b2 L+ b3 K + u The model has three dimensions, one each for Q, L, and K The starting point for investigating the determination of Q is the intercept, b1 nH b1 L Th iN K ga Q ThiNganHang.com Q = b1 + b2L+ b3K + u pure L effect b + b 2L nH b1 an g co m MULTIPLE REGRESSION WITH TWO EXPLANATORY VARIABLES: EXAMPLE L Th iN K ga Q ThiNganHang.com Q = b1 + b2 L+ b3 K + u b1 + b3 K pure K effect nH b1 an g co m MULTIPLE REGRESSION WITH TWO EXPLANATORY VARIABLES: EXAMPLE L Th iN K ga Q ThiNganHang.com MULTIPLE REGRESSION WITH TWO EXPLANATORY VARIABLES: EXAMPLE an g co m Q = b1 + b2 L+ b3 K + u b1 + b2L + b3K b1 + b3 K pure K effect Pure L effect b + b 2L nH b1 combined effect of L and K L Th iN K ga Q ThiNganHang.com ... = b1 + b2L+ b3K + u pure L effect b + b 2L nH b1 an g co m MULTIPLE REGRESSION WITH TWO EXPLANATORY VARIABLES: EXAMPLE L Th iN K ga Q ThiNganHang.com Q = b1 + b2 L+ b3 K + u b1 + b3 K pure K effect... g co m MULTIPLE REGRESSION WITH TWO EXPLANATORY VARIABLES: EXAMPLE L Th iN K ga Q ThiNganHang.com MULTIPLE REGRESSION WITH TWO EXPLANATORY VARIABLES: EXAMPLE an g co m Q = b1 + b2 L+ b3 K + u.. .MULTIPLE REGRESSION WITH TWO EXPLANATORY VARIABLES: EXAMPLE an g co m Q = b1 + b2 L+ b3 K + u The model has three dimensions, one each for