Månsson, Kristofer; Kibria, B. M. Golam; Shukur, Ghazi - Centre of Excellence for Science and Innovation … - 2011
by Liu (1993) for the linear regression. This new estimation method is suggested since the mean squared error (MSE) of … lower for the proposed Liu estimator than those of the ML in the presence of multicollinearity. Finally the benefit of the … Liu estimator is shown in an empirical application where different economic factors are used to explain the probability …