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Applied Econometrics
Second edition
Dimitrios Asteriou and
Stephen G. Hall
Applied Econometrics
MULTIPLE REGRESSION
Hypothesis Testing
• Testing Individual Coefficients (t-tests)
• Testing for Linear Restrictions (Wald Test)
– Cobb Douglas Production Function
• Testing for the Overall Significance (F-test)
• Testing for Omitted Variables (Wald Test)
• Testing for Redundant Variables (Wald
Test)
– Explain all the tests on board…