Econometrics Project

Econometrics Project - Transcript

Ramjas College
BA H Economics 2008
Paper 14 Introductory Econometrics
Econometrics Project
As a part of the econometrics project you will be provided a dataset and given the data set you have to decide on a hypothesis to carry out the econometric analysis of the hypothesis
Set up the econometric model Pose the Question
Literature Review Search for similar exercise and study report what have they done both in terms of methodology and analysis
Decide the appropriate data set
Enter Store your data create a excel data file
Inspect clean and summarize your data
Econometric Analysis Use excel
Write a report Introduction Conceptual Framework Econometric Model and Estimation Results Conclusions References Charts Tables
Alternatively
Review the Literature and develop the Theoretical Model
Specify the Model Select the independent variables and the functional form
Hypothesize the expected signs of the coefficients
Collect the data inspect and clean
Estimate and evaluate the Regression Equation
Document the result
Write a report Introduction Conceptual Framework Econometric Model and Estimation Results Conclusions References Charts Tables
Reference Chapter 19 Carrying out an Empirical Project in Wooldridge Introductory Econometrics A Modern Approach Thomson South Western 2006