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Estimation of a Linear Sur Model with Unequal Numbers of Observations

Hae-Shin Hwang

The Review of Economics and Statistics 1990

This paper clarifies the differences in the alternative estimators of the error covariance matrix X in the SUR model with unequal numbers of observations. It identifies a sample statistic which represents their essential differences and hence is a useful guide for the choice of an estimator in practice. The paper also presents an alternative estimator of E based on the specification in Telser (1964).

DOI
10.2307/2109360
Volume
72 (3)
Pages
510
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