0 relating to the testing of the performance of economies and economic theories using mathematical methods: --
1 of or relating to econometrics: --
In what follows we describe our approach to empirical analysis, the results of econometric modelling and an interpretation of the results.
It should be stressed at the outset that these "constants" are not the product of controlled experimentation, but rather the output of econometric statistical packages.
Descriptive statistics and econometric models both confirm that the technology has a net pesticidereducing effect.
Both the basic statistics and econometric models were estimated using the analytical weights provided in the data set.
An obvious difficulty of this procedure is that often those extraneous estimates were prepared with an econometric specification that contradicts your model.
The use of seasonal dummy variables to filter quarterly and monthly time-series data is very popular in econometric applications.
However, given the lack of data no formal econometric analysis can be performed to do so.
Section 3 describes econometric models for the two formats and discusses the empirical results.
