Linear Regression MT

The Linear Regression MT application module is a set of procedures for estimating single equations or a simultaneous system of equations. It allows constraints on coefficients, calculates het-con standard errors, and includes two-stage least squares, three-stage least squares, and seemingly unrelated regression. It is thread-safe and takes advantage of structures found in later versions of GAUSS.

Features

  • Calculates heteroskedastic-consistent standard errors, and performs both influence and collinearity diagnostics inside the ordinary least squares routine (OLS)

  • All regression procedures can be run at a specified data range

  • Performs multiple linear hypothesis testing with any form

  • Estimates regressions with linear restrictions

  • Accommodates large data sets with multiple variables

  • Stores all important test statistics and estimated coefficients in an
    efficient manner

  • Both three-stage least squares and seemingly unrelated regression can be
    estimated iteratively

  • Thorough Documentation

  • The comprehensive user's guide includes both a well-written tutorial and an informative reference section. Additional topics are included to enrich the usage of the procedures. These include:

    • Joint confidence region for beta estimates

    • Tests for heteroskedasticity

    • Tests of structural change

    • Using ordinary least squares to estimate a translog cost function

    • Using seemingly unrelated regression to estimate a system of cost share equations

    • Using three-stage least squares to estimate Klein's Model I

Platform: Windows, LINUX, Mac, and UNIX.

Requirements: GAUSS/GAUSS Engine/GAUSS Light version 6.0 or higher.


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