Simultaneous Equation Estimation: Overview

Author(s):  
C.F. Christ
2021 ◽  
Author(s):  
Devesh Singh

Abstract This article aims to investigate the linkage among CO2 emissions, Foreign Direct Investment (FDI), economic growth, Gross Value Added (GVA) of different sectors namely agriculture, service, manufacturing, and resource extensive industries including construction sectors in four European regions Eastern Europe (EE), Southern Europe (SE), Northern Europe (NE) and Western Europe (WE). To do, this article uses the 3SLS simultaneous equation estimation during the period of 2000 to 2018. This study is the extension of seeing the challenges in policy implication in reducing CO2 emission in technologically rich economies. This article concluded that the causality among variables CO2 emission, economic growth, FDI, and all four sectors GVA is varied according to the regions. However, the CO2 emission has bidirectional causality with each industrial sector's GVA.


1968 ◽  
Vol 5 (4) ◽  
pp. 362-368 ◽  
Author(s):  
John U. Farley ◽  
Harold J. Leavitt

A five equation model of the Jamaican distribution structure is fitted to data on four branded personal products. Decision rules appear oriented toward sales for retailers, wholesalers, importers, and manufacturers, and some policy implications for stimulating the structure are suggested. Problems associated with procedures for fitting sets of equations and examples of the effects of multi-collinearity on simultaneous equation estimation are discussed.


1983 ◽  
Vol 1 (5) ◽  
pp. 229-232
Author(s):  
Denzil G Fiebig ◽  
Sartaj A Kidwai ◽  
Henri Theil

2018 ◽  
Vol 47 (1) ◽  
pp. 71-102
Author(s):  
Tabitha Knight

This paper econometrically analyses the relationship between public spending and women's and men's urban employment in China for the period 1999–2009. Theoretically, spending on healthcare and education could increase employment growth and women's relative employment via the expansion of paid care work (increasing labour demand) and reductions in unpaid labour (increasing labour supply). To empirically test this, female, male, and relative employment growth are estimated as functions of public spending while both demand-side and supply-side factors are controlled for. Economic growth is also included in a simultaneous equation estimation. While healthcare results are mixed, education spending is positively associated with economic growth, employment growth for both women and men, and women's relative urban employment. Using economic significance calculations, I describe how well-directed public policies can promote both economic growth and long- and short-run benefits in employment equality between the sexes.


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