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Filtering by: Creator Rowland, Mary M. Degree Field Agricultural and Resource Economics

A Monte Carlo analysis of principal components and ridge regression with application to a fisheries evaluation model

Creator:

Sass, M. E. (Mary Ellen)

Abstract:

Essential to the testing of propositions in economic theory is the estimation of the parameters involved in relationships among economic variables. Probably the most widely used method of estimation is ordinary least squares (OLS). However, severe multicollinearity or near linear dependence of the explanatory variables can cause the OLS estimates...

Resource Type:

Masters Thesis

Full Text:

AN ABSTRACT OF THE THESIS OF MARY ELLEN SASS for the degree of