Random coefficients regression
Download
1 / 8

Random Coefficients Regression - PowerPoint PPT Presentation


  • 69 Views
  • Uploaded on

Random Coefficients Regression. RPD – Section 18.3. Basic Model. Simple Linear Regression where each of n experimental units is observed at t points in time (typically) . General Model ( Gumpertz and Pantula (1989)).

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Random Coefficients Regression' - alka


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Random coefficients regression

Random Coefficients Regression

RPD – Section 18.3


Basic model
Basic Model

  • Simple Linear Regression where each of n experimental units is observed at t points in time (typically)


General model gumpertz and pantula 1989
General Model (Gumpertz and Pantula (1989))

  • Possibly Multiple Linear Regression where each of n experimental units is observed at t points in time, based on regression with k parameters





Example annual air revenues for 10 markets
Example – Annual Air Revenues for 10 Markets

  • Random Sample of n = 10 large air markets (City Pairs), each observed over 5 years

  • Y = ln(Average Fare * Average weekly Passengers)

  • X = Year (1996/7=0, 2000/1=4) – Note: All Cities have same levels of X (not necessary for the method)



ad