ANALYSIS OF THE AUTODETERMINATION COEFFICIENT STATISTICAL SIGNIFICANCE

Authors

Keywords
statistical estimate, autodetermination coefficient, autocor¬relation

Summary
The study examines the issue of estimating the statistical signifi¬can¬ce of the autodetermination coefficient. The features of the proposed estimate are identified – bias, efficiency, consistency and sufficiency, and their relation¬ship with the length of the time series and the number of the autocorrelation coeffi¬cients used. Two approaches are proposed for testing the statistical signifi¬can¬ce hypothesis. The first one is used in long time series and involves calcu¬lating the properties of the Wald test (W), the likelihood ratio test (LR) and the Lagrange multiplier test (LM). The second approach is used in short time series on the basis of tabulated boundary values of the autodetermination coeffi¬cient. The study proposes an analysis scheme which was used in stu¬dying the time series of the main indicators of Bulgaria’s demographic develop¬ment for the period 1930 – 2011.

JEL: C13, C15, C22
Pages: 28
Price: 3 Points

More titles

  • IMPROVING THE CAPITAL STRUCTURE OF BANKS

    This study examines the possibilities for improving the capital structure of banks through analysis of various combinations of long-term debt and equity. The theoretical thesis that banks should maintain a positive capital structure has not been ignored for a single moment in the reflections below. Yet, applied techniques and methods indicate that ...

  • SEQUENTIAL MARKETS AND GENERAL EQUILIBRIUM

    An increasing number of analysts of the latest financial crisis employ arguments and models from different stages of the evolution of economics. We believe that this is the right approach, since no economic event, financialization included, should be viewed as unique or unparalleled. We agree that the answers to most questions relating to the ...

  • OPTIMISATION OF TRANSPORTATION COSTS FOR DELIVERY OF HOMOGENOUS COMMODITY TO CONSUMERS ALONG THE LOGISTICS CHAIN

    This study examines some issues related to the mathematical modeling of shipment activities for homogenous products along the logistics chain and the economic-mathematical analysis of possibilities for its optimization. To this end, economic and mathematical models are suggested for the efficient management of transportation costs and costs ...