Chen, Qiang; Qi, Ji - In: Journal of applied economics 26 (2023) 1, pp. 1-16
R2 and adjusted R2 may exaggerate a model's true ability to predict the dependent variable in the presence of … 100 papers in top economics journals, where the median increases of R2 and adjusted R2 over LOOR2 reach 40.2% and 21 …