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Violations of the Classical Assumptions

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Econometrics

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Abstract

In this chapter, we relax the assumptions made in Chapter 3 one by one and study the effect of that on the OLS estimator. In case the OLS estimator is no longer a viable estimator, we derive an alternative estimator and propose some tests that will allow us to check whether this assumption is violated.

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Authors and Affiliations

  1. Department of Economics, Texas A&M University, 77843-4228, College Station, Texas, USA

    Professor Badi H. Baltagi

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  1. Professor Badi H. Baltagi
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© 2002 Springer-Verlag Berlin Heidelberg

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Baltagi, B.H. (2002). Violations of the Classical Assumptions. In: Econometrics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-04693-7_5

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  • DOI: https://doi.org/10.1007/978-3-662-04693-7_5

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-43501-3

  • Online ISBN: 978-3-662-04693-7

  • eBook Packages: Springer Book Archive

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