Econometrics

This textbook teaches some of the basic econometric methods and the underlying assumptions behind them. It also includes a simple and concise treatment of more advanced topics in spatial correlation, panel data, limited dependent variables, regression diagnostics, specification testing and time series analysis. Some of the strengths of this book lie in presenting difficult material in a simple, yet rigorous manner. Each chapter has a set of theoretical exercises as well as an empirical illustration using a real economic application. These empirical exercises usually replicate a published article using Stata or Eviews.

"Badi H. Baltagi is distinguished Professor of Economics, and Senior
Research Associate at the Center for Policy Research, Syracuse
University. He received his Ph.D. in Economics at the University of
Pennsylvania in 1979. Before joining Syracuse University, he served on
the faculty at the University of Houston and Texas A&M University. He is
a fellow of the Journal of Econometrics and a recipient of the
Multa and Plura Scripsit Awards from Econometric Theory."

• Microeconometrics
• Multiple Regression
• Panel Data
• Regression analysis
• Stata
• Time Series Analysis
• Time series
• calculus
• correlation
• econometrics
• linear regression

From the reviews of the third edition:

"Teaching econometrics is not an easy task. There is always this elusive balance between mathematical rigour and economic intuition … . This textbook … keeps this balance perfectly well, and does a good job at persuasion too. … It teaches mostly by example, appeals a lot to intuition, and provides numerous real world data sets to practice … . It is therefore also well suited for self study and can be recommended … . a most useful text for an econometrics course anywhere." (Walter Krämer, Statistical Papers, Vol. 44 (1), 2003)

"The book is intended for a first year graduate course on econometrics, and the book strikes a balance between a rigorous approach that proves theorems and a completely empirical approach. The exercises contain theoretical problems that should supplement the understanding material in each chapter. … The book covers a wide range of econometric fields and presents many applications with real data sets which enable the reader to understand and to interpret the empirical results of the theoretical approaches." (Herbert S. Buscher, Zentralblatt MATH, Vol. 1007, 2003)

• Center for Policy Research, Syracuse University, Syracuse, USA

  Badi H. Baltagi

Policies and ethics