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DETECTION AND TREATMENT OF MULTICOLLINEARITY IN SIMULTANEOUS SYSTEMS OF EQUATIONS

Semprevio, Ralph R.; Capps, Oral Jr.

1981

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Title

DETECTION AND TREATMENT OF MULTICOLLINEARITY IN SIMULTANEOUS SYSTEMS OF EQUATIONS

Keywords

Methods to detect the extent of multicollinearity in simultaneous; systems are put forward. To treat multicollinearity problems, the integration; of the Ridge Regression technique with the 2SLS technique is proposed.; The RR2SLS procedure is then empirically evaluated vis-4-vis the; 2SLS procedure.

Author(s)

Semprevio, Ralph R.
Capps, Oral Jr.

Subject(s)

Research Methods/Statistical Methods

Issue Date

1981-07

Publication Type

Conference Paper/ Presentation

Digital Object Identifier

https://doi.org/10.22004/ag.econ.279383

Record Identifier

https://ageconsearch.umn.edu/record/279383

Language

English

Total Pages

17

Record Appears in

Agricultural and Applied Economics Association (AAEA) > Agricultural and Applied Economics Association (AAEA) Conferences > 1981 Annual Meeting, July 26-29, Clemson, South Carolina

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