Determination of Turkey's Import Demand by SUR Method
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Date
2014
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Publisher
Selçuk Üniversitesi
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info:eu-repo/semantics/openAccess
Abstract
Seemingly Unrelated Regression(SUR) analysis method developed byZellner(1962) provides more efficient estimations than that of Least SquareEstimation (LSE) method when the random error terms in regression models thatdiscussed are correlated. In this study, Turkey’s import demand in selectedcountries is examined by SUR analysismethod. The data set is compiled from “1923-2004 Statistical Indicators”published by Turkey Statistical Agency.
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Keywords
Generalized least square method, least square method, seemingly unrelated regression
Journal or Series
Journal of Selcuk University Natural and Applied Science
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Volume
3
Issue
4
Citation
Sezer, D., Genc, A. (2014). Determination of Turkey's Import Demand by SUR Method. Journal of Selcuk University Natural and Applied Science, 3, (4), 49-60.