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We develop an algorithm for solving regression models with Box-Cox transformations on both the dependent and independent variables, while simultaneously taking into account corrections for serial correlation of several orders and for heteroscedasticity. The latter correction is of a general form...
Persistent link: https://www.econbiz.de/10005279847
In this study, we use a first-order spatial autoregressive formulation to model the correlation among the errors of a linear demand equation that explains origin-destination flows. The process splits the error term for each observation into a weighted sum of all the other errors and a purely...
Persistent link: https://www.econbiz.de/10005228207
Persistent link: https://www.econbiz.de/10005257559
Persistent link: https://www.econbiz.de/10003508629