Small-Sample Properties of Predictions from the Regression Model with Autoregressive Errors

1983 ◽  
Vol 78 (382) ◽  
pp. 258-263 ◽  
Author(s):  
John J. Spitzer ◽  
Richard T. Baillie
2002 ◽  
Vol 10 (1) ◽  
pp. 49-65 ◽  
Author(s):  
John E. Jackson

This paper develops an estimator for models of election returns in multiparty elections. It shares the same functional formas the Katz—King estimator but is computationally simpler, can be used with any number of parties, and is based on more conventional distributional assumptions. Small sample properties of the estimator are derived, which makes it particularly useful in many of the applications where there are a relatively small number of voting districts. The distributional assumptions are contained in two elements. The first treats the observed votes as the outcomes resulting from sampling the voters in each district. The second stochastic element arises from the usual treatment of the stochastic term in a regression model, namely, the inability of the included variables and the linear form to match the underlying process perfectly. The model is then used to analyze the 1993 Polish parliamentary elections. The results from this analysis are used to develop Monte Carlo experiments comparing several different yet feasible estimators. The conclusion is that a number of accessible estimators, including the standard seemingly unrelated regression model and the Beck-Katz model with panel-corrected standard errors, are all good choices.


1993 ◽  
Vol 9 (3) ◽  
pp. 504-515 ◽  
Author(s):  
Kazuhiro Ohtani ◽  
Hikaru Hasegawa

In this paper we consider the small sample properties of the coefficient of determination in a linear regression model with multivariate t errors when proxy variables are used instead of unobservable regressors. The results show that if the unobservable variable is an important variable, the adjusted coefficient of determination can be more unreliable in small samples than the unadjusted coefficient of determination from both viewpoints of the bias and the MSE.


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