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Applied Econometrics:A Practical Guide by Min

Applied Econometrics:A Practical Guide

by Min
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Book cover type: Paperback
  • ISBN13: 9780367110338
  • Binding: Paperback
  • Subject: Economics
  • Publisher: T&F
  • Publisher Imprint: Routledge
  • Publication Date:
  • Pages: 312
  • Original Price: GBP 76.99
  • Language: English
  • Edition: N/A
  • Item Weight: 522 grams
  • BISAC Subject(s): General

Applied Econometrics: A Practical Guide is an extremely user-friendly and application-focused book on econometrics. Unlike many econometrics textbooks which are heavily theoretical on abstractions, this book is perfect for beginners and promises simplicity and practicality to the understanding of econometric models. Written in an easy-to-read manner, the book begins with hypothesis testing and moves forth to simple and multiple regression models. It also includes advanced topics:

  • Endogeneity and Two-stage Least Squares
  • Simultaneous Equations Models
  • Panel Data Models
  • Qualitative and Limited Dependent Variable Models
  • Vector Autoregressive (VAR) Models
  • Autocorrelation and ARCH/GARCH Models
  • Unit Root and Cointegration

The book also illustrates the use of computer software (EViews, SAS and R) for economic estimating and modeling. Its practical applications make the book an instrumental, go-to guide for solid foundation in the fundamentals of econometrics. In addition, this book includes excerpts from relevant articles published in top-tier academic journals. This integration of published articles helps the readers to understand how econometric models are applied to real-world use cases.

Chung-ki Min is Professor of Economics at Hankuk University of Foreign Studies, Seoul, South Korea.

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